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Zymeworks Inc. has teamed up with Roche to let them develop and sell its product ZW209.

DealRead the original at SEC EDGAR
Good for ZYME

Zymeworks is due $55.0 million after U.S. clearance, and Roche will cover most later testing and sales costs. Zymeworks gives Roche exclusive worldwide rights, and much of the possible future money depends on trial progress and sales.

ZYME · Zymeworks Inc.

AI read · Good for ZYME

The AI's read

The agreement gives Zymeworks cash and shifts most later testing and sales costs to Roche. The trade-off is that Zymeworks grants Roche sole rights in this treatment area for a set period. Much of the additional money depends on trial progress and sales.

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