Zymeworks Reports Positive HERIZON-GEA-01 Trial Results
Zymeworks announced "positive" efficacy and safety results from the Phase 3 HERIZON-GEA-01 trial evaluating Ziihera in combination with chemotherapy, with or without the PD-1 inhibitor Tevimbra, as first-line treatment for adults with HER2-positive locally advanced or metastatic gastroesophageal adenocarcinoma, including cancers of the stomach, gastroesophageal junction and esophagus. The data will be presented as a late-breaking oral presentation at the 2026 ASCO Gastrointestinal Cancers Symposium in San Francisco on January 8, the company noted. The study found: Both investigational arms, Ziihera plus tislelizumab and chemotherapy and Ziihera plus chemotherapy, led to a statistically significant and clinically meaningful prolongation of progression-free survival with approximately 35% reduction in the risk of disease progression or death versus trastuzumab plus chemotherapy. This resulted in a median PFS of more than one year, representing a greater than four month improvement compared to the control arm; Ziihera plus tislelizumab and chemotherapy demonstrated a statistically significant and clinically meaningful overall survival benefit with a median OS of more than two years (26.4 months), the longest reported in a Phase 3 trial in GEA, representing a greater than seven-month improvement in median OS and a 28% reduction in the risk of death versus trastuzumab plus chemotherapy; At this first interim analysis, Ziihera plus chemotherapy showed a median OS of more than two years, with a strong trend toward statistical significance, favoring Ziihera plus chemotherapy versus trastuzumab plus chemotherapy. An additional planned OS interim analysis for Ziihera plus chemotherapy is currently expected in mid-2026; The OS and PFS benefits were generally consistent across major prespecified subgroups including geographic region and PD-L1 status for both investigational arms. "These results underscore the promise of zanidatamab to meaningfully advance care for patients with HER2-positive disease. They also reflect the power of our Azymetric platform to generate highly differentiated, multifunctional biologics and validate our partnership-driven approach with Jazz and BeOne to efficiently deliver innovative therapies on a global scale. Importantly, the HERIZON-GEA-01 data further establish Ziihera as the new HER2-targeted agent-of-choice in first-line locally advanced or metastatic HER2-positive GEA with the potential to redefine first-line treatment for patients in this setting. Alongside continued progress across Jazz and BeOne's broader development efforts, these data reinforce our belief in Ziihera's potential across a range of HER2-expressing solid tumors. We look forward to Jazz and BeOne moving rapidly towards global regulatory submissions based on the HERIZON-GEA-01 data," said Kenneth Galbraith, Chair and Chief Executive Officer of Zymeworks.
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Zymeworks (ZYME) 2026 Milestones Expected to Drive Long-Term Value with Promising ZW191 Data
- ZW191 Clinical Progress: Zymeworks' ZW191 shows a 64% overall response rate in phase 1 trials for advanced solid tumors, particularly among gynecological cancer patients receiving doses of 6.4 mg/kg or higher, indicating significant therapeutic potential that could drive long-term value for the company.
- Dose Optimization Initiated: The company has commenced dose optimization of ZW191 in ovarian cancer in the previous quarter, aiming to enhance efficacy and meet patient needs, thereby strengthening its competitive position in the market.
- Zanidatamab Milestones: Zymeworks is poised to receive substantial milestone payments related to its licensed program Zanidatamab, which is approved in the U.S. for HER2-positive biliary tract cancer, showcasing the company's robust potential in the biopharmaceutical sector.
- Strong Cash Reserves: As of December 31, 2025, Zymeworks held approximately $270.6 million in cash, providing ample funding for future R&D and market expansion, thereby enhancing its capacity for sustained growth in the industry.

Zymeworks Appoints New Board Member and Executive Leadership Changes
- Board Enhancement: Brian Cherry appointed to the Board on January 12, 2026, brings over $25 billion in investment experience, aiming to enhance long-term shareholder value through optimized capital allocation and strategic acquisitions.
- Executive Promotions: Mark Hollywood promoted to Executive Vice President and Chief Operating Officer, expanding responsibilities to drive growth and operational efficiency in the company's next phase.
- Leadership Transitions: Dr. Sabeen Mekan will transition to Chief Medical Officer effective February 1, 2026, overseeing clinical development and regulatory affairs to ensure compliance and safety in drug development.
- New Vice Presidents: Zymeworks appointed five new Vice Presidents, underscoring the company's commitment to leadership development and enhancing the capabilities and experience of its management team through internal talent cultivation.









