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BUZZ—Zymeworks shares rise after Roche reaches a licensing agreement worth up to $813 millions for lung cancer drug

BUZZ—Zymeworks shares rise after Roche reaches a licensing agreement worth up to $813 millions for lung cancer drug

路透社路透社2026/10/23 11:29
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- ** The pharmaceutical company Zymeworks ZYME.O saw its share price rise by 2.8% in pre-market trading, to $29.2

** The company (link) licensed its investigational lung cancer drug to Roche ROPC.S. Under this global licensing agreement, the total transaction value could reach as high as $813 million

** ZYME will receive a $55 million upfront payment, an additional $40 million, and up to $718 million in milestone payments and royalties

** Roche will obtain rights to develop and commercialize ZW209, a drug targeting DLL3—a protein commonly found on the surface of small cell lung cancer cells

** Out of 13 brokers, 5 rate the stock as “Buy” or higher, and 8 rate it as “Hold”; the median target price is $38

** As of the close of the previous trading day, the stock had increased by 8% so far this year


(To facilitate non-native English speakers, Reuters has automatically translated its reports into several other languages. As automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation text and provides it solely for reader convenience. Reuters assumes no responsibility for any damages or losses caused by the use of the automated translation function.)

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