earnings
confidence high
sentiment neutral
materiality 0.80
Zymeworks Q1 net loss $44.2M; Jazz's zanidatamab sBLA accepted with Priority Review, PDUFA Aug 25, 2026
Zymeworks Inc.
2026-Q1 EPS reported
-$0.59
revenue$2,408,000
- Jazz sBLA for zanidatamab in 1L HER2+ GEA accepted with Priority Review; PDUFA target date Aug 25, 2026.
- Upon US FDA approval, Zymeworks eligible for $250M milestone from Jazz; $15M from BeOne for China approval.
- Q1 2026 revenue $2.4M (down 91% YoY from $27.1M); net loss $44.2M vs $22.6M loss in Q1 2025.
- Cash and marketable securities $403.8M as of Mar 31, 2026; $95.8M used for share repurchases under $125M program.
- ZW191 Phase 1 data at AACR: 56% ORR in PROC, 61% in ovarian, 57% in endometrial; FDA Fast Track granted.