ZZai Lab focuses on developing and commercializing therapies for cancer, infectious diseases, and autoimmune disorders, with a primary emphasis on China and the Asia-Pacific region. The company advances its products through R&D, clinical trials, and commercialization, and it manufactures small molecules and biologics in Suzhou to international quality standards. It distinguishes itself by collaborating with global partners to license and develop treatments, leveraging an integrated model that spans discovery, development, and market access in its target regions. Its goal is to bring effective, modern therapies to patients with unmet medical needs in its core markets, supported by product sales, licensing agreements, and strategic partnerships.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Pudong, China
Founded
2014
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Total Funding
$2.9B
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Funded Over
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Zai Lab shares jumped 12.74% in one day and 15.45% over seven days after early trial data for its lead cancer drug candidate, zoci, a fresh equity raise, and third-quarter results that matched market expectations. The stock is up 47.03% this year, though its five-year total shareholder return is down 70.08%. The most followed analyst narrative puts fair value at $33.48, against a latest close of $25.48, implying the stock is 24% undervalued. That view rests on Zai Lab's shift from a mainly China-focused business to a global biopharma company, with a first US regulatory submission planned for 2027 and a potential US launch in 2028. Risks remain. Zai Lab relies on partnered assets and posted a loss of $198.4 million on $441.7 million of revenue.
Zai Lab reported $108.2 million in third-quarter revenue and expects product revenue to return to year-over-year growth in 2027. The Nasdaq-listed biopharmaceutical company ended September with $659.7 million in cash, before an equity raise of about $250 million in October. Chief executive officer Samantha Du said three registrational studies of its lead cancer drug candidate, zoci, should be underway by year-end. Zai Lab expects its first potential US biologics license application in 2027, with a possible launch as early as 2028. In an early-stage study, zoci combined with atezolizumab produced a confirmed response rate of 81.8% in 33 previously untreated small cell lung cancer patients. Net product revenue rose 2% from the prior quarter.
Zai Lab presents updated clinical data demonstrating zocilurtatug pelitecan (zoci) induces clinically meaningful responses and a manageable safety profile in previously treated extrapulmonary Neuroendocrine carcinomas. SHANGHAI & CAMBRIDGE, Mass.-(BUSINESS WIRE)-Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688), an innovation-driven, global biopharma company, today announced that updated data from a Phase 1b/2 trial of zocilurtatug pelitecan (zoci, formerly ZL-1310), a DLL3-targeting antibody-drug conjugate (ADC), will be shared tomorrow at the North American Neuroendocrine Tumor Society (NANETS) 2026 Multidisciplinary NET Medical Symposium in Las Vegas. The data indicate that zoci demonstrated clinically meaningf Click here to view original post
Zai Lab's zoci shows 82% response rate in early lung cancer study. Posted by Don Miller on Oct 23rd, 2026 Zai Lab (NASDAQ:ZLAB) presented early-stage data at the 2026 European Society for Medical Oncology meeting for zoci, its DLL3-targeted antibody-drug conjugate, in combination with atezolizumab, with or without carboplatin, for first-line extensive-stage small cell lung cancer. Rafael Amado, Zai Lab's president and head of global research and development, said the results support the company's plans to advance zoci in frontline treatment. The company expects three potentially registrational trials for the program to be underway by the end of the year, including studies in second-line small cell lung cancer, second-line extrapulmonary neuroendocrine carcinoma and first-line small cell lung cancer. Doublet shows early response activity. Discover more Study Anatomy Compare Clinics Donate to Research Pedro Rocha, a medical oncologist and clinical researcher at Vall d'Hebron University Hospital in Barcelona, reviewed findings from the Phase I study's zoci-plus-atezolizumab doublet cohort. The study enrolled patients with extensive-stage disease, including patients with untreated brain metastases. Among 33 patients who received zoci at 1.6 mg/kg with atezolizumab, 27 achieved a confirmed response, representing an objective response rate of 81.8%. Across the broader doublet population, the confirmed objective response rate was 81.4%, according to Rocha. Responses generally emerged early. Of 35 responders, 34 had a response at their first post-baseline tumor assessment. For the initial 15 patients treated at the 1.6 mg/kg dose, who had at least 10 months of follow-up, median duration of response and median progression-free survival had not been reached. Two-thirds of those patients remained progression-free at the data cutoff. For the full 33-patient 1.6 mg/kg cohort, six-month progression-free survival was 81.9%. Rocha contrasted that figure with a roughly 30% six-month progression-free survival rate reported for chemoimmunotherapy in the IMpower133 study, while noting that the zoci data remain early. Triplet produced higher response rate, more toxicity. Zoci also was evaluated alongside atezolizumab and carboplatin. The triplet cohort produced a confirmed objective response rate of 92.3%, with rapid and deep tumor reductions reported in the small patient group. However, adding carboplatin increased toxicity. Rocha said serious drug-related adverse events, Grade 3 or 4 toxicities and treatment interruptions were more common with the triplet than with the doublet. The additional toxicity was primarily hematologic, including greater neutropenia and thrombocytopenia, which he said was consistent with expectations for platinum-based chemotherapy. In the doublet cohort, no dose-limiting toxicities were observed during dose escalation. At the 1.6 mg/kg dose, 9.1% of patients experienced Grade 3 or higher adverse events attributed to zoci. The most common treatment-related events were anemia, nausea and leukopenia, mainly Grade 1 or 2. The company reported one case of Grade 1 interstitial lung disease, with no zoci-related treatment discontinuations or treatment-related deaths in that cohort. Company plans chemotherapy-free Phase III study. Amado said Zai Lab plans to initiate a global Phase III study by the end of 2026 evaluating zoci plus a checkpoint inhibitor against chemotherapy plus immunotherapy. The company said the study could allow lurbinectedin maintenance treatment. The company's stated goal is to assess whether zoci can replace chemotherapy as part of a frontline treatment backbone. Amado said Zai Lab is also working with Boehringer Ingelheim and Amgen on potential combinations involving T-cell engagers, though those studies remain early. Rocha said a chemotherapy-free frontline regimen could be attractive if an antibody-drug conjugate provides rapid tumor reduction while allowing patients to remain on treatment longer with manageable toxicity. He added that chemotherapy could remain available for later lines of treatment. Zai Lab said its ongoing global second-line-plus small cell lung cancer study remains on track for enrollment, data analysis and a potential filing next year. Its potentially registrational extrapulmonary neuroendocrine carcinoma study is fully enrolled. The company also said it expects multiple program readouts over the next 12 to 18 months and anticipates its first potential U.S. biologics license application submission next year. About Zai Lab (NASDAQ:ZLAB). Zai Lab Ltd. (NASDAQ:ZLAB) is a biopharmaceutical company focused on discovering, developing and commercializing medicines for cancer and other serious diseases. Its research and development activities have included oncology, autoimmune and inflammatory disorders, neuroscience, infectious diseases and other areas of significant unmet medical need. Founded in 2014, Zai Lab has built its business through a combination of internally developed programs and licensing or collaboration agreements with international pharmaceutical and biotechnology companies.
Zai Lab, a biopharma company listed on Nasdaq and the Hong Kong exchange, has agreed to raise about $250 million in a private placement. It will sell 11,340,000 American Depositary Shares at $22.04 each, with each share representing ten ordinary shares. TCGX leads the round. Other investors include abrdn World Healthcare Fund, ADAR1 Capital Management, Balyasny Asset Management, Cormorant Asset Management, Frazier Life Sciences, RA Capital Management, RTW Investments, Sirenia Capital Management, Wellington Management, and Woodline Partners. Zai Lab will mainly use the proceeds to support global development of zocilurtatug pelitecan, its DLL3-targeting antibody-drug conjugate. The deal is expected to close on or about October 27, 2026.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Pudong, China
Founded
2014
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs