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Zymeworks raises 2026 revenue guidance after FDA approval milestone and Theravance acquisition.

Company Fundamentals
09 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Zymeworks raises 2026 revenue guidance after FDA approval milestone and Theravance acquisition.

Zymeworks Inc. reported strong Q3 2026 results, driven by a $250 million milestone payment following FDA approval of Ziihera for first-line HER2-positive gastroesophageal adenocarcinoma. The company also completed the acquisition of Theravance Biopharma, adding recurring commercial revenue and expanding its portfolio. As a result, Zymeworks raised its 2026 revenue guidance to $337-$351 million and adjusted EBITDA to $176-$190 million. A collaboration with Roche for ZW209 is pending regulatory clearance, and the company plans an R&D Day in February 2027 to showcase its pipeline and strategy.

Zymeworks' corporate update and Q3 2026 results provide context for readers. For those tracking the health sector, 125 of 150 US health stocks on Pluang rose while 23 fell. Notable movers include DNA at USD 12.41 with a 9.92% increase and 100% buy order activity, SMMT at USD 17.90 up 9.61% with 98% buy orders, and FLNA at USD 0.50 rising 9.52% despite 88% sell orders. Data is as of Nov 10, 2026 04:11 WIB.

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