Zymeworks Inc. (NASDAQ:ZYME) Targets Significant Growth with Promising Drug Development
ZymeworksZymeworks(US:ZYME) Financial Modeling Prep·2025-11-18 04:10

Core Insights - Zymeworks Inc. is a biotechnology company focused on developing multifunctional therapeutics for cancer treatment, collaborating with pharmaceutical firms to advance its drug pipeline [1] - The company has a notable partnership with Jazz Pharmaceuticals for drug development, particularly for the drug Ziihera [1] Stock Performance - On November 17, 2025, Andrew Berens from Leerink Partners set a price target of $37 for Zymeworks, indicating a potential increase of approximately 54.81% from the current stock price of $23.90 [2][6] - Zymeworks' stock is currently trading at $23.90, reflecting a 29.05% increase with a $5.38 change, and has fluctuated between $22.55 and $26.19 today [4] Drug Development and Market Opportunity - Ziihera, when combined with chemotherapy, has shown significant improvement in treating HER2-positive gastroesophageal adenocarcinoma, positioning Zymeworks to benefit from royalties [3][6] - The market opportunity for Ziihera exceeds $2 billion annually for Jazz Pharmaceuticals and $300 million for BeOne, which could positively impact Zymeworks' stock performance [3] Market Capitalization and Trading Activity - Zymeworks' market capitalization stands at approximately $1.8 billion, with a trading volume of 11.1 million shares today, indicating heightened investor interest [5][6]

Zymeworks Inc. (NASDAQ:ZYME) Targets Significant Growth with Promising Drug Development - Reportify