Zai Lab Limited Stock Price, News & Analysis

Zai Lab Limited announced on September 14, 2021, that its investigational drug bemarituzumab received Breakthrough Therapy Designation from the CDE of the NMPA. This therapy targets patients with FGFR2b overexpressing and HER2-negative metastatic gastric and gastroesophageal (GEJ) cancers, in combination with modified FOLFOX6 chemotherapy. The Phase 2 FIGHT study showed significant clinical benefits for bemarituzumab, achieving statistical significance in progression-free survival (PFS), overall survival (OS), and overall response rate (ORR). This drug aims to address a considerable healthcare need in China.

Zai Lab Limited (NASDAQ: ZLAB) announced a Virtual R&D Day for analysts and investors on September 22, 2021, from 8:30 a.m. to 11:30 a.m. EDT. The event will feature a live Q&A session and requires prior registration. Participants will receive login and dial-in details upon registration. This event highlights Zai Lab's commitment to addressing unmet medical needs through innovative therapies in oncology, autoimmune disorders, and infectious diseases. An archived replay will be available post-webcast.

Zhongchao Inc. (NASDAQ: ZCMD) has expanded its patient management services for ovarian cancer through its subsidiary, Shanghai Zhongxin Medical Technology. This follows the Zeyoulexiang Patient Assistance Project, which aids patients requiring Niraparib. Utilizing their All-in-One System, over 5,000 patients have benefited since July 2021. The ovarian cancer market is projected to grow significantly, from $1.8 billion in 2018 to $6.7 billion by 2028. Zhongchao aims to capitalize on this growth by enhancing treatment outcomes and expanding its patient management operations.

Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) announced its participation in two upcoming virtual investor conferences in September 2021. The Jefferies Asia Forum will be held on September 8 at 7:00 p.m. HKT, followed by a Fireside Chat at Citi’s 16th Annual BioPharma Virtual Conference on September 10 at 11:35 a.m. EDT. Live webcasts will be accessible under the "Events & Presentations" section of Zai Lab's website, with an archive available for 90 days post-event. Zai Lab focuses on innovative therapies in oncology, autoimmune disorders, and infectious diseases.

Zai Lab Limited (NASDAQ: ZLAB) announced a strong performance in Q2 2021, achieving net product revenues of $36.9 million, up from $11.0 million year-over-year. Key growth drivers included ZEJULA ($23.4 million) and Optune ($9.5 million). The company launched QINLOCK in China and entered strategic partnerships with Mirati and MacroGenics. Despite a net loss of $163.3 million, driven by R&D expenses ($142.2 million), Zai Lab's cash reserves stood at $1.77 billion as of June 30, 2021. Anticipated regulatory milestones include NUZYRA's approval and other significant data readouts.

Schrödinger and Zai Lab have entered a global collaboration in precision oncology, focusing on a novel program targeting DNA damage response. This partnership aims to leverage Schrödinger's computational platform for drug discovery, with Zai Lab providing commercialization expertise. Under the agreement, Zai Lab will make an upfront payment to support research costs and will lead global development after selecting a candidate. Schrödinger could receive up to $338 million in milestone payments and royalties on global sales, enhancing its pipeline and potential market position.

Schrödinger (Nasdaq: SDGR) and Zai Lab (Nasdaq: ZLAB; HKEX: 9688) have announced a collaboration to jointly discover, develop, and commercialize a novel oncology program targeting DNA damage response. Zai Lab will initially fund Schrödinger's research costs and lead global development post candidate selection. Schrödinger retains co-development rights in the U.S. and can earn up to $338 million in milestone payments, plus royalties on international sales. This partnership aims to leverage both companies' expertise to accelerate innovative cancer therapies.

Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) plans to report its financial results for Q2 2021 on August 9, 2021, after U.S. market close. A live conference call and webcast will occur on August 10, 2021, at 8:00 a.m. EDT. The company specializes in developing therapies for oncology, autoimmune disorders, and infectious diseases. With a solid pipeline and partnerships with leading biopharmaceutical companies, Zai Lab is focused on addressing unmet medical needs globally.

Zai Lab has entered a collaboration agreement with MacroGenics, acquiring rights for up to four bispecific molecules targeting cancer. Zai will commercialize these in Greater China, Japan, and Korea, while MacroGenics holds rights in other regions. The deal includes an upfront payment of $25 million and a $30 million equity investment in MacroGenics. Zai may convert the regional rights into a global profit share upon achieving clinical milestones. MacroGenics could receive up to $1.4 billion in milestone payments along with royalties on net sales.