Zai Lab Ltd's stock surged 6.45% in pre-market trading on Monday, following positive regulatory news for its drug pipeline.
The biopharmaceutical company received the U.S. Food and Drug Administration's fast track designation for zocilurtatug pelitecan, or zoci, for the treatment of extrapulmonary neuroendocrine carcinomas. This regulatory status is intended to expedite the review and development of new drugs that address an unmet medical need or treat serious or life-threatening diseases.
The designation represents a significant milestone for Zai Lab's clinical development program and potentially accelerates the path to market for this therapeutic candidate. Zoci had previously been granted fast track designation for the treatment of extensive-stage small cell lung cancer in May 2025.
Comments