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Zymeworks Inc   (NASDAQ: ZYME)
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Price: $13.9600 $0.74 5.598%
Day's High: $14.07 Week Perf: -3.46 %
Day's Low: $ 12.80 30 Day Perf: 5.84 %
Volume (M): 765 52 Wk High: $ 17.70
Volume (M$): $ 10,682 52 Wk Avg: $11.28
Open: $13.40 52 Wk Low: $7.97



 Market Capitalization (Millions $) 1,063
 Shares Outstanding (Millions) 76
 Employees 955
 Revenues (TTM) (Millions $) 62
 Net Income (TTM) (Millions $) -114
 Cash Flow (TTM) (Millions $) 28
 Capital Exp. (TTM) (Millions $) 5

Zymeworks Inc
Zymeworks Inc is a biopharmaceutical company that primarily focuses on the development of multifunctional biotherapeutics in the areas of immuno-oncology, oncology, and autoimmune disorders. Their proprietary platforms, Azymetric and EFECT, enable the creation of highly differentiated and optimized bi-specific and multi-specific antibodies.

The Azymetric platform utilizes a unique approach that enables the engineering of antibodies to effectively target two different antigens simultaneously. This platform creates symmetrical antibodies that bind to both antigens with high affinity in a stable configuration, which provides superior disease-fighting capabilities. The Azymetric technology also allows for the creation of bi- and multi-specific antibodies with longer half-lives and reduced immunogenicity compared to traditional antibody therapies.

EFECT is a separate bi-specific antibody platform that is designed to activate the immune system by selectively targeting T-cell receptors on tumor cells. EFECT-engineered antibodies are created by fusing two monoclonal antibodies, one of which binds directly to tumor cells, and the other is designed to engage T-cells.

Zymeworks Inc has a portfolio of product candidates in various stages of development, including zanidatamab (ZYBRESTAT), a bi-specific antibody for the treatment of advanced solid tumors, and ZW25, a bi-specific antibody that targets two different epitopes of the HER2 protein, which is overexpressed in many human cancers.

The company has partnerships and collaborations with other biopharmaceutical companies and research organizations, including Merck, Eli Lilly, Celgene, Kite Pharma, and ImmunoGen. They have also received funding from venture capitalists, investors, and government agencies.

Zymeworks Inc was founded in 2003 and is headquartered in Vancouver, British Columbia, Canada. The company has a workforce of over 400 employees, including experienced scientists, engineers, and clinicians. Zymeworks Inc aims to transform the lives of people living with serious diseases by advancing the science of biotherapeutics.


   Company Address: 108 Patriot Drive, Suite A Middletown 19709 DE
   Company Phone Number: 274-8744   Stock Exchange / Ticker: NASDAQ ZYME


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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TEVA   -5.37%    
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VTRS   -1.67%    
• View Complete Report
   



Management Announcement

Zymeworks Charts Course Amid Financial Challenges and Promising Pipeline Developments

Published Wed, Jan 8 2025 9:05 PM UTC

Vancouver, British Columbia?In a press release dated January 8, 2025, Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology firm, articulated its strategic priorities and outlook for the years 2025 and 2026. The company aims to enhance standards of care for complex conditions including cancer, inflammation, and autoimmune diseases through its innovative portfolio of ...

Clinical Study

ZW191 Pioneering Targeted Therapy in Advanced Cancer Treatment through Folate Receptor Engagement and Antibody-...

Published Tue, Nov 5 2024 11:00 AM UTC

Abstract Zymeworks Inc., a leading biotechnology firm focused on innovative biotherapeutics, has recently made significant strides in the development of ZW191, a novel folate receptor (FR)-targeted topoisomerase I inhibitor antibody-drug conjugate (ADC). With the clearance of its Investigational New Drug (IND) application by the U.S. Food and Drug Administration (FDA), ZW191...

Announcement

Zymeworks Inc. Navigates Biotech Sphere with Positive Q3 2024 Projections Amid Market Outperformance,

Published Thu, Oct 10 2024 10:30 AM UTC

Zymeworks Inc. Poised to Reveal Robust Q3 2024 Financial Results Amid Positive Market Performance As the frequencies of innovation and adaptation reverberate throughout the biotechnology sector, Zymeworks Inc. (Nasdaq: ZYME), a beacon of clinical-stage biotechnological advancement, is preparing once again to demonstrate its financial acumen and strategic progression. Based i...

Shares

Zymeworks Inc. Recognizes Leadership and Expertise with Equity Inducement Award for Executive VP and CFO Leone Patterson,

Published Tue, Sep 3 2024 8:30 PM UTC

Zymeworks Inc. Reports Equity Inducement Award for Executive VP and CFO Leone Patterson
In the world of biotechnology and pharmaceuticals, the race to develop innovative therapies for difficult-to-treat diseases is always on. One company that has been making waves in this space is Zymeworks Inc., a clinical-stage biotechnology company based in Vancouver, British Columbia...

Clinical Study

Zymeworks Inc. Augments Strategic Initiatives Through Engagement at Key Investor Conferences,

Published Thu, Aug 22 2024 10:30 AM UTC

Zymeworks Inc. Poised for Strategic Engagement at Prominent Investor Conferences Vancouver, British Columbia, August 22, 2024 - Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company at the frontier of developing innovative, multifunctional biotherapeutics, today disclosed its planned participation in a series of high-profile investor conferences. This engag...







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