Zymeworks Inc. unveils strategy focused on growing royalty portfolio and advancing novel medicines for difficult-to-treat diseases

Reuters01-21
Zymeworks Inc. unveils strategy focused on growing royalty portfolio and advancing novel medicines for difficult-to-treat diseases

Zymeworks Inc. presented an update on its business strategy and operations at the JPM Healthcare Conference. The company highlighted its focus on expanding its royalty and asset portfolio, leveraging both asset-based pipeline partnerships and platform discovery collaborations. Key commercial partners and programs were discussed, including zanidatamab and several early-stage oncology assets such as antibody-drug conjugates and T-cell engagers. Zymeworks reported cash resources exceeding $270 million and outlined potential milestone and royalty payments from partnered products. The company stated that its current financial position is expected to fund operations beyond 2028. Additionally, Zymeworks announced a share repurchase plan and reported $103 million in revenues for 2025. You can access the full presentation through the link below.

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