Zymeworks closes Theravance merger and raises $350M
Theravance becomes a subsidiary while CVRs are issued to shareholders. Senior secured notes with an 8.25% interest rate mature in 2036.
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Biotechnology company developing medicines for difficult-to-treat diseases
zymeworks.comLast updated
In short: Zymeworks completed its $929 million acquisition of Theravance Biopharma and secured FDA approval for its cancer treatment, zanidatamab.
Theravance becomes a subsidiary while CVRs are issued to shareholders. Senior secured notes with an 8.25% interest rate mature in 2036.
The filing covers unscheduled material events or corporate actions for Zymeworks Inc as a current report.
The data highlights improved clinical outcomes for patients with HER2-positive advanced gastric tumors, advancing targeted treatment options.
Partner Jazz Pharmaceuticals received FDA approval for Ziihera regimens in HER2+ gastroesophageal adenocarcinoma.
Acquisition diversifies durable cash flows and advances Zymeworks' strategy to build a productive R&D company with a growing portfolio of revenue-generating assets YUPELRI ® expected...
Theravance Biopharma, Inc. stated that, as part of the closing of the merger and as provided for in the merger agreement, on the date...
Zymeworks Inc. (Nasdaq: ZYME), a biotechnology company managing a portfolio of licensed healthcare assets while developing a diverse pipeline of novel, multifunctional biotherapeutics, today completed...
Three legal actions challenge the $929M deal over alleged undisclosed material information and shareholder proxy issues.
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