Zymeworks Announces Decision to Discontinue Clinical Development of ZW171, a Mesothelin-directed T cell Engager
(NASDAQ:ZYME) VANCOUVER, British Columbia, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of care for difficult-to-treat diseases, including cancer, inflammation, and autoimmune disease, today announced its decision to voluntarily discontinue clinical development of ZW171, a T cell engager designed to target gynecological, thoracic, and digestive system cancers.
Related Questions
How will the discontinuation of ZW171 affect Zymeworks' upcoming revenue forecasts and cash burn rate?
What impact will this news have on ZYME's stock price and trading volume in the short term?
How does this decision compare to recent pipeline adjustments by peer biotech companies and what does it imply for Zymeworks' competitive positioning?