Zymeworks Announces Achievement of $14 Million Milestone from GSK Collaboration
Zymeworks Inc. (ZYME)
Last zymeworks inc. earnings: 3/2 04:15 pm
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Source: GlobeNewswire
VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME) a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of care for difficult-to-treat diseases, including cancer, inflammation, and autoimmune disease, today announced achievement of a $14 million cash research milestone from GSK associated with a clinical milestone. About the Zymeworks and GSK Collaboration In April 2016, we entered into a platform technology transfer and license agreement with GSK to research, develop and commercialize up to six bispecific antibodies generated using our Azymetric™ platform. Under the terms of this agreement, we granted GSK a worldwide, royalty-bearing antibody sequence pair-specific exclusive license to research, develop and commercialize licensed products. In May 2019, this agreement was expanded to provide GSK access to Zymeworks’ unique heavy-light chain pairing technology
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News
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- Zymeworks (NASDAQ:ZYME) was upgraded by analysts at Truist Financial Corporation to a "strong-buy" rating.MarketBeat
- Zymeworks (NYSE:ZYME) is now covered by analysts at Truist Financial Corporation. They set a "buy" rating and a $40.00 price target on the stock.MarketBeat
- Zymeworks (NASDAQ:ZYME) was upgraded by analysts at Wells Fargo & Company from a "hold" rating to a "strong-buy" rating.MarketBeat
ZYME
Earnings
- 11/6/25 - Beat
ZYME
Sec Filings
- 11/24/25 - Form 144
- 11/21/25 - Form 144
- 11/19/25 - Form SCHEDULE
- ZYME's page on the SEC website