Kenneth Galbraith, Zymeworks CEO

Days af­ter flag­ging its $773M takeover bid, Zymeworks mi­nor­i­ty share­hold­er adds As­traZeneca on­col­o­gy vet to the crew

The in­vest­ment firm that launched an un­so­licit­ed takeover bid for Zymeworks has now brought in an As­traZeneca vet to help de­vise the fu­ture strat­e­gy — adding some heft to its $773 mil­lion of­fer.

Alan Barge, the for­mer head of on­col­o­gy at As­traZeneca, is join­ing All Blue Cap­i­tal as an on­col­o­gy drug de­vel­op­ment ad­vi­sor.

“I have worked close­ly with the team in de­vel­op­ing a busi­ness plan for Zymeworks that can cre­ate su­pe­ri­or val­ue,” Barge said in a state­ment. “I look for­ward to con­tribut­ing my ex­per­tise to help put Zymeworks back on track.”

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