FDA Approval And MilestonesThe FDA granted accelerated approval to Ziihera (zanidatamab) in pre-treated HER2+ biliary tract cancer patients, validating the company's research and development capabilities and opening doors for further regulatory and commercial milestones, including royalties of 10% to 20% of net sales.
Financial Strength And Development PotentialZymeworks ended 3Q24 with approximately $375 million in cash, providing a financial runway into the second half of 2027, supporting the advancement of its unpartnered pipeline into clinical trials with promising early-stage candidates.
Pipeline Expansion And Investor AttractionThe diverse '5x5' pipeline with different risk profiles is seen as attracting a broad investor base, with the recent announcement of the 5th asset expanding into hematology/oncology and autoimmune and inflammatory diseases.