Zai Lab Reveals Changes to China's National Drug Reimbursement List
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: 4 hour ago
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Source: Yahoo Finance
Renewal of Medicines: Zai Lab announced the renewal of VYVGART, NUZYRA, and ZEJULA in China's National Reimbursement Drug List, enhancing patient access to these innovative treatments for conditions like generalized myasthenia gravis, community-acquired bacterial pneumonia, and ovarian cancer.
Impact on Patients: The inclusion of these drugs in the NRDL is expected to reduce the disease burden on patients in China, allowing broader access to high-quality medicines and improving treatment outcomes for serious health conditions.
ZLAB.O$0.0000%Past 6 months

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Analyst Views on ZLAB
Wall Street analysts forecast ZLAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZLAB is 53.73 USD with a low forecast of 25.70 USD and a high forecast of 74.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast ZLAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZLAB is 53.73 USD with a low forecast of 25.70 USD and a high forecast of 74.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 19.950

Current: 19.950

Goldman Sachs analysts removed Zai Lab from the firm's APAC Conviction List as part of its monthly update.
Citi raised the firm's price target on Zai Lab to $69 from $66 and keeps a Buy rating on the shares. The firm updated the company's model post the Q2 report.
Cantor Fitzgerald
Li Watsek
Reiterates
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Cantor Fitzgerald
Li Watsek
JPMorgan raised the firm's price target on Zai Lab to $51 from $44 and keeps an Overweight rating on the shares. The firm updated models in the small-cap biotechnology space.
About ZLAB
Zai Lab Ltd is a holding company primarily engaged in biopharmaceutical business. The Company is focused on discovering, developing, and commercializing products that address medical conditions with significant unmet needs in the areas of oncology, immunology, neuroscience, and infectious disease. The Company has a series of patented drug candidates from the discovery stage to the late clinical project, including ZEJULA, OPTUNE, QINLOCK, NUZYRA and VYVGART, and others. The Company conducts its businesses within domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.