Zymeworks is a global biotechnology company committed to the discovery, development, and commercialization of novel, multifunctional biotherapeutics. Zymeworks’ mission is to make a meaningful difference for people impacted by difficult-to-treat cancers and other diseases. Zymeworks’ complementary therapeutic platforms and fully integrated drug development engine provide the flexibility and compatibility to precisely engineer and develop highly differentiated antibody-based therapeutic candidates. Zymeworks engineered and developed zanidatamab, a HER2-targeted bispecific antibody using Zymeworks’ proprietary Azymetric™ technology. Zymeworks has entered into separate agreements with BeiGene, Ltd. (BeiGene) and Jazz Pharmaceuticals Ireland Limited (Jazz), granting each of BeiGene and Jazz with exclusive rights to develop and commercialize zanidatamab in different territories. Zanidatamab is currently being evaluated in global Phase 1, Phase 2, and pivotal clinical trials as a best-in-class treatment for patients with HER2-expressing cancers. Zymeworks’ next clinical candidate, zanidatamab zovodotin (ZW49), is a HER2-targeted bispecific antibody-drug conjugate (ADC) developed using Zymeworks’ proprietary Azymetric™ and ZymeLink™ Auristatin technologies. Zanidatamab zovodotin is currently being evaluated in a Phase 1 clinical trial for patients with a variety of HER2-expressing cancers. Zymeworks is also advancing a deep pipeline of product candidates based on its experience and capabilities in both ADC and multispecific antibody therapeutics (MSAT). In addition to Zymeworks’ wholly-owned pipeline, its therapeutic platforms have been further leveraged through strategic partnerships with global biopharmaceutical companies. For information about Zymeworks, visit www.zymeworks.com and follow @ZymeworksInc on Twitter.
Company profile
Ticker
ZYME
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Zymeworks Delaware Inc.
SEC CIK
Analyst ratings and price targets
Current price
Average target
$9.50
Low target
$8.00
High target
$11.00
SVB Leerink
Maintains
$10.00
HC Wainwright & Co.
Maintains
$8.00
Barclays
Maintains
$9.00
Jefferies
Upgraded
$11.00
Latest filings (excl ownership)
8-K
Other Events
19 Jan 23
8-K
Zymeworks Provides Corporate Update on Key Strategic Priorities and Outlook for 2023
4 Jan 23
8-K
Departure of Directors or Certain Officers
30 Dec 22
8-K
Jazz Pharmaceuticals and Zymeworks Announce Jazz has Confirmed Opt-in and Advances Partnership for Zanidatamab
21 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
19 Dec 22
8-K
Zymeworks Announces Positive Topline Data in the Pivotal HERIZON-BTC-01 Trial of Zanidatamab
19 Dec 22
CERT
Certification of approval for exchange listing
15 Dec 22
25
Voluntary exchange delisting
15 Dec 22
8-A12B
Registration of securities on exchange
15 Dec 22
8-K
New Clinical Data for Zanidatamab in HER2+ /HR+ Metastatic Breast Cancer Presented Today at 2022 SABCS
9 Dec 22
Transcripts
Latest ownership filings
4
Change in insider ownership
23 Jan 23
4
Change in insider ownership
18 Jan 23
4
Change in insider ownership
12 Jan 23
4
Neil A Klompas
6 Jan 23
4
Christopher Astle
6 Jan 23
4
Kenneth Galbraith
6 Jan 23
4
Paul Andrew Moore
6 Jan 23
SC 13G
BIOTECHNOLOGY VALUE FUND L P
3 Jan 23
SC 13D/A
All Blue Falcons FZE
28 Dec 22
SC 13D/A
All Blue Falcons FZE
28 Dec 22
Financial summary
Quarter (USD) | Sep 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
---|---|---|---|---|---|---|
Cash on hand (at last report) | 96.08 mm | |||||
Cash burn (monthly) | 16.79 mm | |||||
Cash used (since last report) | 69.29 mm | |||||
Cash remaining | 26.79 mm | |||||
Runway (months of cash) | 1.6 |
Institutional ownership, Q3 2022
0.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 482.00 k |
Total shares | 78.39 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Kennedy Capital Management | 78.39 k | $482.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 9.8843 | 163,400 | 1.62 mm | 9,887,473 |
19 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 9.4909 | 144,100 | 1.37 mm | 9,724,073 |
18 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 9.9953 | 203,000 | 2.03 mm | 9,579,973 |
17 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 9.8042 | 440,000 | 4.31 mm | 9,376,973 |
13 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 9.806 | 342,100 | 3.35 mm | 8,936,973 |
11 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 7.8731 | 106,300 | 836.91 k | 8,594,873 |
10 Jan 23 | EcoR1 Capital | Common Stock | Buy | Acquire P | Yes | No | 7.6491 | 920,000 | 7.04 mm | 8,488,573 |
5 Jan 23 | Klompas Neil A | RSU Common Stock | Grant | Acquire A | No | No | 0 | 58,500 | 0.00 | 58,500 |
5 Jan 23 | Klompas Neil A | Stock Option Common Stock | Grant | Acquire A | No | No | 8 | 87,500 | 700.00 k | 87,500 |
5 Jan 23 | Christopher Astle | RSU Common Stock | Grant | Acquire A | No | No | 0 | 31,500 | 0.00 | 31,500 |
News
$3M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying
24 Jan 23
HC Wainwright & Co. Reiterates Neutral on Zymeworks BC, Maintains $8 Price Target
24 Jan 23
Analyst Ratings for Zymeworks BC
20 Jan 23
SVB Leerink Maintains Market Perform on Zymeworks BC, Raises Price Target to $10
20 Jan 23
Jazz Pharma, Zymeworks Highlight 84% Overall Survival At 18 Months From Zanidatamab In Esophageal Cancer
19 Jan 23
Press releases
Zymeworks Announces Participation in Upcoming Investor Conferences
25 Jan 23
Thinking about buying stock in Zymeworks, CureVac, Apexigen, Gamida Cell, or Xos?
19 Jan 23
Jazz Pharmaceuticals and Zymeworks Announce 84% Overall Survival at 18 Months from Phase 2 Trial Evaluating Zanidatamab in HER2-Expressing Metastatic Gastroesophageal Adenocarcinoma
19 Jan 23
Zymeworks Provides Corporate Update on Key Strategic Priorities and Outlook for 2023
4 Jan 23
Jazz Pharmaceuticals and Zymeworks Announce Jazz has Confirmed Opt-in and Advances Partnership for Zanidatamab
21 Dec 22