LEO takes a punt on potential of Zymeworks' platforms

24 October 2018

Canadian drugmaker Zymeworks (NYSE: ZYME) closed Tuesday’s trading up more than 2% after announcing that it had signed a deal with the privately-held Danish dermatology specialist, LEO Pharma.

Their licensing and research collaboration will involve the discovery and development of bispecific antibodies targeting cytokine-receptor pathways using Zymeworks’ antibody discovery capabilities and its proprietary Azymetric and EFECT platforms.

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