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via finance.yahoo.comBusiness & Companies

Zymeworks signs Roche deal with $55 million upfront and up to $718 million in milestones

FROM THE WIRE · FINANCE.YAHOO.COM

Zymeworks (ZYME) said Friday it signed an exclusive global license and collaboration agreement with PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishLicense deal with a major pharma company bringing a significant upfront payment to the company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Zymeworks signed an exclusive global license and collaboration agreement with Roche.
  2. 02The upfront payment is $55 million.
  3. 03Potential milestones reach up to $718 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Zymeworks Inc.ZYMEStock28.44 USDMarket closedtoday +1.16%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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