Zymeworks Stock Price, News & Analysis

Zymeworks Inc. (Nasdaq: ZYME) presented new data from its clinical and preclinical programs at the 2023 American Association for Cancer Research Annual Meeting. Key highlights include:

• ZW191 showed strong responses in FRα-low expressing patient-derived xenograft models, with positive pharmacokinetic and safety profiles.
• ZW171 effectively killed cancer cells while mitigating risks of toxicity and adverse immune activation.
• ZW251 demonstrated significant anti-tumor activity in various glypican-3-expressing cancer models.

The company aims to advance at least five novel therapeutics into clinical studies by 2027, bolstered by their innovative antibody-drug conjugates and multispecific antibody platforms.

Zymeworks Inc. (Nasdaq: ZYME), a biotechnology company focused on developing innovative biotherapeutics, will report its Q1 2023 financial results on May 8, 2023, after market close. Following this announcement, Zymeworks will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results and provide a corporate update. Investors can access the live event and recordings through Zymeworks’ website.

Founded with a mission to address challenging cancers and other serious diseases, Zymeworks specializes in antibody-based therapies using its proprietary Azymetric™ technology. The company is advancing its lead candidate, zanidatamab, and next-generation product zanidatamab zovodotin (ZW49), both targeting HER2-expressing cancers.

Zymeworks Inc. (Nasdaq: ZYME) announced the appointment of Derek J. Miller to its board of directors effective April 10, 2023. Miller brings over 25 years of experience in oncology and corporate development. His expertise is expected to support Zymeworks in its collaboration efforts with Jazz Pharmaceuticals and BeiGene on zanidatamab, a bispecific antibody currently undergoing multiple clinical trials. Kenneth Galbraith, CEO, emphasized Miller's strategic insights will enhance the company's pipeline of drug candidates. Miller's previous roles include leadership positions at Aro Biotherapeutics and Celator Pharmaceuticals, where he contributed to significant collaborations and business strategies that generated substantial revenues. Zymeworks focuses on developing innovative biotherapeutics aimed at improving outcomes for patients with difficult-to-treat cancers.

Zymeworks Inc. (NASDAQ: ZYME), a clinical-stage biotechnology firm, will participate in two upcoming investor conferences. Management will hold one-on-one meetings and present at the 2023 Bloom Burton & Co. Healthcare Investor Conference on April 25 in Toronto. Additionally, they will participate in the Stifel 2023 Targeted Oncology Days virtually on April 26. Presentations and webcasts will be available on their website. Zymeworks is focused on developing innovative biotherapeutics, including the HER2-targeted bispecific antibody, zanidatamab, currently in various clinical trial phases.

Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company, announced eleven abstracts accepted for presentation at the American Association for Cancer Research Annual Meeting from April 14-19, 2023, in Orlando, FL. The abstracts will showcase advancements in the company’s antibody drug conjugates, multispecific antibodies, and clinical candidates, including ZW171 and ZW191. The management team will host a conference call on April 18, 2023, at 6:30 pm EST to discuss these developments. The abstracts reflect Zymeworks' commitment to pioneering treatments for difficult-to-treat cancers.