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Zymeworks: Royalty-Backed Biotech Flywheel With Underappreciated ADC Optionality

Source: SeekingAlpha

2026-05-22 07:30:00 ET

I last covered Zymeworks ( ZYME ) in April 2025, shortly after Ziihera's FDA approval. Since then, the story has shifted from initial regulatory validation toward broader zanidatamab monetization, a stronger cash position, and clearer ADC pipeline optionality. That evolution is why I am revisiting the stock now....

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Zymeworks: Royalty-Backed Biotech Flywheel With Underappreciated ADC Optionality
Zymeworks Inc.

NASDAQ: ZYME

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$1,697,666,774
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61
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Biotechnology & Life Sciences
Healthcare
CA
Middletown

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