Zai Lab Ltd.’s American depositary receipts jumped 14% premarket on Tuesday after Seagen Inc. and Genmab A/S announced that Tivdak, their treatment for...
Zai Lab Ltd.’s American depositary receipts ZLAB, +2.47% jumped 14% premarket on Tuesday after Seagen Inc.
and Genmab A/S GMAB, +0.24% announced that Tivdak, their treatment for cervical cancer, improved patients’ overall survival in a late-stage study. Zai Lab is collaborating with the companies on a China extension study, which has been initiated and continues to enroll patients, Seagen and Genmab said in a release Monday. Zai Lab and Seagen late last year announced a collaboration for the development and commercialization of Tivdak in mainland China, Hong Kong, Macau, and Taiwan. The U.S.
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