Kenneth Galbraith, Zymeworks CEO

#AS­CO22: As it dodges a takeover bid, Zymeworks wants what Dai­ichi Sankyo got: a mas­sive Big Phar­ma part­ner

CHICA­GO — The Dai­ichi Sankyo sto­ry made waves Sun­day at the an­nu­al AS­CO meet­ing in Chica­go, as En­her­tu po­ten­tial­ly dis­rupt­ed the breast can­cer land­scape by adding HER2-low to the dic­tio­nary, and Zymeworks wants to fol­low in their foot­steps.

Specif­i­cal­ly, the strug­gling biotech — which re­cent­ly hired a new CEO, re­placed most of the C-suite, laid off staff and re­ject­ed a hos­tile takeover bid — wants a glob­al part­ner just like Dai­ichi got in its $6 bil­lion 2019 deal with As­traZeneca to help turn En­her­tu in­to what it is to­day.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.