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Bullboard - Stock Discussion Forum Zymeworks Inc ZYME

Zymeworks Inc. is a global biotechnology company. The Company is engaged in the discovery, development, and commercialization of multifunctional biotherapeutics to treat cancer and other serious diseases. Its complementary therapeutic platforms and fully integrated drug development engine provide the flexibility and compatibility to precisely engineer and develop differentiated antibody-based... see more

NDAQ:ZYME - Post Discussion

Zymeworks Inc > WHO will throw the towel first ?
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Post by 4Justice on Jan 13, 2022 4:09pm

WHO will throw the towel first ?

This statement comes from the third quarter results


"As of September 30, 2021, Zymeworks had $307.8 million in cash resources consisting of cash, cash equivalents and short-term investments. Based on our current operating plan, we believe that our current cash resources, combined with the collaboration payments we anticipate receiving, will enable us to fund our planned operations into late 2022 and potentially beyond."

That means that in the next six months a financing should be closed. But more important  good results shoud be disclose in short term.

For the moment Galbraith is just a distraction and far from a solution.
 
Comment by 4Justice on Jan 18, 2022 5:00pm
Did I see a towel flying today?