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ZYME

Zymeworks

$17.74

-0.49 (-2.69%)

06:47
05/14/19
05/14
06:47
05/14/19
06:47

Zymeworks enters into license agreement with Iconic Therapeutics for ZymeLink

Zymeworks announced that it has entered into a licensing agreement that grants Iconic Therapeutics non-exclusive rights to Zymeworks' proprietary ZymeLink antibody-drug conjugate, or ADC, platform for the development of its ICON-2 Tissue Factor ADC for cancer. This is the first collaboration leveraging the ZymeLink platform and represents Zymeworks' third technology platform licensed to a collaborator. Under the terms of the agreement, Zymeworks will be eligible to receive development and commercial milestone payments and tiered royalties on worldwide net sales. The agreement also provides Zymeworks co-promotion rights with increased royalties for products developed using the Iconic ADC program. If Iconic outlicenses the program, in lieu of co-promotion rights, Zymeworks will receive a share of the revenue Iconic receives from any partners as well as tiered royalties on worldwide net sales.

  • 31

    May

ZYME Zymeworks
$17.74

-0.49 (-2.69%)

08/02/18
SBSH
08/02/18
UPGRADE
Target $20
SBSH
Buy
Zymeworks upgraded to Buy from Neutral at Citi
Citi analyst Yigal Nochomovitz upgraded Zymeworks to Buy and raised his price target for the shares to $20 from $19.
08/02/18
SBSH
08/02/18
UPGRADE
Target $20
SBSH
Buy
Citi upgrades Zymeworks to Buy on valuation
Citi analyst Yigal Nochomovitz upgraded Zymeworks to Buy from Neutral and raised his price target for the shares to $20 from $19. The company is well capitalized following the June offering with a cash runway expected to last through at least one planned Phase 2/3 registrational study for ZW-25, Nochomovitz tells investors in a research note. The analyst cites valuation for his upgrade to Buy.
11/28/18
ADAM
11/28/18
NO CHANGE
Target $21
ADAM
Buy
Zymeworks partnership deal with BeiGene a positive, says Canaccord
Canaccord analyst Arlinda Lee views Zymeworks' (ZYME) partnership with BeiGene (BGNE) as a positive as it ties in the company with a commercial-stage pharma company that has experience and a foothold in the Asia-Pacific region, where gastric cancers are more prevalent. She continues to view Zymeworks' complementary suite of "plug and play" platform technologies, particularly in its bi specific antibody platform, as attractive. Lee reiterated her Buy rating and $21 price target on Zymeworks shares.
04/22/19
WELS
04/22/19
NO CHANGE
WELS
Zymeworks price target raised to $42 from $37 at Wells Fargo
Wells Fargo analyst Jim Birchenough reiterated an Outperform rating on Zymeworks and raised his price target on shares to $42 from $37 following the recent initiation of phase 2 development for HER2 biparatopic antibody therapeutic ZW25 as frontline treatment for metastatic HER2+ gastroesophageal cancers. The analyst said he sees a reasonable likelihood of success due to strong phase 1b data.

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GTE

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Progressive

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CRM

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MRCY

Mercury Systems

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0.08 (0.11%)

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RNG

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LB

L Brands

$24.29

1.605 (7.08%)

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Copart

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CTRP

Ctrip

$37.78

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SNPS

Synopsys

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AVP

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GILD

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IOVA

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NTAP

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HMC

Honda

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DSNKY

Daiichi Sankyo

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SPOT

Spotify

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IDXX

Idexx Laboratories

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1.24 (0.50%)

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OMC

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BSX

Boston Scientific

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CTRP

Ctrip

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CTRP

Ctrip

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CTRP

Ctrip

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CE

Celanese

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XRAY

Dentsply Sirona

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SIM

Grupo Simec

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CPRT

Copart

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-1.12 (-1.70%)

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NVS

Novartis

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