Zymeworks Inc. Announces Strategic Initiative to Optimize Future Cash Flows Through Diversified Revenue-Generating Assets, Capital Allocation, and $125 Million Share Repurchase Plan

Reuters11-18
Zymeworks Inc. Announces Strategic Initiative to Optimize Future Cash Flows Through Diversified Revenue-Generating Assets, Capital Allocation, and $125 Million Share Repurchase Plan

Zymeworks Inc. announced a new strategic initiative focused on optimizing future cash flows from its licensed products, including Ziihera (zanidatamab-hrii), pasritamig, and other healthcare assets. The company plans to build a diversified portfolio of revenue-generating assets by combining internal innovation, licensing, and strategic acquisitions. Zymeworks aims to reinvest proceeds from its royalty streams into assets with lower traditional biotechnology risk profiles and return excess capital to shareholders through share repurchase programs or special dividends. The company also authorized a new $125 million share repurchase plan and will continue to seek financial contributions from partnerships and collaborations to support ongoing R&D investments while maintaining disciplined capital allocation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zymeworks Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9577534-en) on November 18, 2025, and is solely responsible for the information contained therein.
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