ZYMEWORKS INC.


Associated tags: HER2, Engineering, Patient, Conjugation, Drug development, Zymeworks, Biotechnology, Health, Pharmaceutical, Research, Pharmaceutical industry, Inc., Clinical Trials, Oncology, NYSE

Locations: UK, SPAIN, AUSTRALIA, WASHINGTON, NEW ZEALAND, JAPAN, CANADA, DELAWARE, IRELAND, KM, LATIN AMERICA, BRAZIL, BOSTON, BALTIMORE, MIDDLETOWN, DE, US, BRITISH COLUMBIA, NY, NEW YORK, FL, UNITED STATES

Zymeworks Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Thursday, February 3, 2022

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that management will participate in upcoming investor conferences.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that management will participate in upcoming investor conferences.
  • Zymeworks will participate virtually in one-on-one meetings and a fireside chat on February 9th at 1:00 p.m.
  • Zymeworks will participate virtually in one-on-one meetings and a fireside chat on February 17th at 3:40 p.m.
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.

Zymeworks Provides Corporate Update on Key Strategic Priorities and Outlook for 2022

Retrieved on: 
Wednesday, January 19, 2022

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today provided a corporate update on its key strategic priorities for 2022 and 2023 in addition to confirming its upcoming clinical development milestones for zanidatamab and ZW49.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today provided a corporate update on its key strategic priorities for 2022 and 2023 in addition to confirming its upcoming clinical development milestones for zanidatamab and ZW49.
  • These measures, including the reduction in our workforce announced today, provide opportunities to reduce our future planned expenditures while continuing to fund our key priorities for 2022 and 2023.
  • The Company intends to report full Q4 and FY 2021 results and provide any further corporate updates on February 24, 2022.
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.

Zymeworks Reports Inducement Grant Under New York Stock Exchange Listed Company Manual Rule

Retrieved on: 
Saturday, January 15, 2022

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today reported, as required by the New York Stock Exchange Listed Company Manual Rule 303A.08 (the NYSE Rule), an equity inducement award to Mr. Kenneth Galbraith, Zymeworks new Chair, President and Chief Executive Officer.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today reported, as required by the New York Stock Exchange Listed Company Manual Rule 303A.08 (the NYSE Rule), an equity inducement award to Mr. Kenneth Galbraith, Zymeworks new Chair, President and Chief Executive Officer.
  • In accordance with the NYSE Rule, Zymeworks approved the grant of the following equity award to Mr. Galbraith as a material inducement to Mr. Galbraith entering into employment with Zymeworks: effective as of the date his employment with Zymeworks began, a stock option to purchase 500,000 of the companys common shares (the Options).
  • Mr. Galbraiths employment with the company began on January 15, 2022 (the Start Date).
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.

Zymeworks to Present at 40th Annual J.P. Morgan Healthcare Conference

Retrieved on: 
Thursday, January 6, 2022

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Neil Klompas, Zymeworks Chief Operating Officer and Chief Financial Officer, will present at the upcoming 40th Annual J.P. Morgan Healthcare Conference on January 11, 2022 at 9:45 a.m.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Neil Klompas, Zymeworks Chief Operating Officer and Chief Financial Officer, will present at the upcoming 40th Annual J.P. Morgan Healthcare Conference on January 11, 2022 at 9:45 a.m.
  • The presentation will be webcast live and available for replay on Zymeworks website at http://ir.zymeworks.com/events-and-presentations .
  • Zymeworks is a clinical-stage biopharmaceutical company dedicated to the development of next-generation multifunctional biotherapeutics.
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.

Zymeworks Names Biotechnology Industry Leader Kenneth Galbraith as Chair and CEO to Succeed Dr. Ali Tehrani

Retrieved on: 
Wednesday, January 5, 2022

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced the appointment of Mr. Kenneth Galbraith as Chair and Chief Executive Officer (CEO) of Zymeworks, effective on or before February 1, 2022.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced the appointment of Mr. Kenneth Galbraith as Chair and Chief Executive Officer (CEO) of Zymeworks, effective on or before February 1, 2022.
  • Mr. Galbraith will succeed Zymeworks co-founder Ali Tehrani, Ph.D., who has served as President and CEO since 2003.
  • Dr. Tehrani will remain as an advisor to the Company to assist with the transition.
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.

Zymeworks Announces Expansion of Zanidatamab Pivotal Trial in Asia in Collaboration with BeiGene and Associated Milestone Payment

Retrieved on: 
Thursday, December 9, 2021

As a result of this development milestone, Zymeworks will receive a US$8 million payment under its zanidatamab collaboration agreement with BeiGene.

Key Points: 
  • As a result of this development milestone, Zymeworks will receive a US$8 million payment under its zanidatamab collaboration agreement with BeiGene.
  • Zymeworks and BeiGene continue to work to expedite the opening of approximately 300 clinical trial sites across 38 countries in support of the global Phase 3 pivotal trial.
  • Zymeworks collaborator, BeiGene, will oversee trial sites in Asia (excluding Japan), Australia and New Zealand, and Zymeworks will oversee trial sites in the rest of the world, including North and South America, Japan, Europe, Middle East and Africa.
  • Zanidatamab is a bispecific antibody, based on Zymeworks Azymetric platform, that can simultaneously bind two non-overlapping epitopes of HER2, known as biparatopic binding.

Zanidatamab Data Presented at the San Antonio Breast Cancer Symposium (SABCS) Demonstrate Encouraging Antitumor Activity in Heavily Pretreated Patients with HER2-Positive Breast Cancer

Retrieved on: 
Wednesday, December 8, 2021

The data are being presented at the San Antonio Breast Cancer Symposium (SABCS) taking place in San Antonio, Texas and virtually, December 7-10, 2021.

Key Points: 
  • The data are being presented at the San Antonio Breast Cancer Symposium (SABCS) taking place in San Antonio, Texas and virtually, December 7-10, 2021.
  • The data presented at SABCS are from a clinical study of 24 patients with heavily pretreated HER2-positive metastatic breast cancer who received zanidatamab in combination with either vinorelbine (n=12), capecitabine (n=8), or paclitaxel (n=4).
  • As we await additional data in early lines of breast cancer, these data in late-line present an additional registrational opportunity.
  • We believe the data presented today demonstrate that zanidatamab and chemotherapy could be a new option for these patients.

Zymeworks Announces Second Janssen Bispecific Antibody to Begin Clinical Development Utilizing Azymetric™ and EFECT™ Therapeutic Platforms

Retrieved on: 
Wednesday, December 1, 2021

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Janssen Biotech, Inc. (Janssen) dosed the first patient with JNJ-78306358, a bispecific antibody developed using Zymeworks Azymetric and EFECT therapeutic platforms.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Janssen Biotech, Inc. (Janssen) dosed the first patient with JNJ-78306358, a bispecific antibody developed using Zymeworks Azymetric and EFECT therapeutic platforms.
  • This is the second Janssen bispecific program utilizing Zymeworks proprietary technology platforms to enter the clinic this year, following the announcement in August of Janssens dosing of the first patient with JNJ-78278343.
  • Zymeworks will receive a payment in connection with this milestone under Zymeworks 2017 licensing agreement with Janssen.
  • Under the terms of that agreement, Zymeworks provided Janssen with a worldwide, royalty-bearing license to research, develop and commercialize up to six bispecific antibodies directed to Janssen therapeutic targets using Zymeworks Azymetric and EFECT platforms.

Zymeworks Announces Abstract for Zanidatamab in Late-Line HER2-Positive Breast Cancer at the San Antonio Breast Cancer Symposium (SABCS)

Retrieved on: 
Friday, November 19, 2021

Zanidatamab in combination with chemotherapy was well tolerated, with encouraging and durable antitumor activity in heavily pretreated patients with HER2-positive breast cancer.

Key Points: 
  • Zanidatamab in combination with chemotherapy was well tolerated, with encouraging and durable antitumor activity in heavily pretreated patients with HER2-positive breast cancer.
  • In addition, Zymeworks will present a Trial in Progress poster detailing the ongoing clinical trial evaluating zanidatamab in combination with the CD47-blocker, evorpacept (ALX148).
  • Abstract highlights from May 3, 2021 data cut:
    Twenty heavily pretreated HER2-positive breast cancer patients had been treated with zanidatamab in combination with standard of care chemotherapy (either vinorelbine, capecitabine, or paclitaxel).
  • Title: Zanidatamab (ZW25), a HER2-targeted bispecific antibody, in combination with chemotherapy (chemo) for HER2-positive breast cancer (BC): Results from a phase 1 study
    The abstract is available on the SABCS conference website.

Zymeworks Names Neil Josephson, M.D., Chief Medical Officer

Retrieved on: 
Tuesday, November 9, 2021

Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Neil Josephson, M.D., who has been serving as the companys interim Chief Medical Officer (CMO) since May of this year, will transition to the permanent CMO position, effective November 15.

Key Points: 
  • Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that Neil Josephson, M.D., who has been serving as the companys interim Chief Medical Officer (CMO) since May of this year, will transition to the permanent CMO position, effective November 15.
  • View the full release here: https://www.businesswire.com/news/home/20211109006466/en/
    Over the past six months, Neil has done an exemplary job of leading Zymeworks Medical organization and the advancement of our clinical pipeline, said Ali Tehrani, Ph.D., Zymeworks President and CEO.
  • Before joining Seagen, he was an Associate Professor of Medicine in the Division of Hematology at the University of Washington.
  • Zymeworks suite of therapeutic platforms and its fully integrated drug development engine enable precise engineering of highly differentiated product candidates.