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Zymeworks Announces Achievement of $14 Million Milestone from GSK Collaboration

Feb 26, 2025over 1 year ago

Contract Type

partnership

VancouverBiotechnology

Description

Zymeworks Inc. has announced the achievement of a $14 million cash research milestone from GSK associated with a clinical milestone. The collaboration between Zymeworks and GSK aims to research, develop and commercialize up to six bispecific antibodies generated using Zymeworks’ Azymetric™ platform.

Company Information

Company

Zymeworks

Location

114 E 4th Avenue, Suite 800

Vancouver, British Columbia, Canada

About

Zymeworks is a global biotechnology company developing and managing a portfolio of differentiated biotherapeutics to improve the standard of care for patients with difficult-to-treat cancers and autoimmune diseases. Leveraging our proprietary antibody engineering platforms, we are advancing a diverse pipeline of multispecific antibodies and antibody-drug conjugates, alongside partnered programs including Ziihera® (zanidatamab-hrii). Our integrated R&D engine and strategic partnerships enable the novel design of next-generation antibody therapeutics addressing significant unmet medical need.

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