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ZYME FDA decision: Aug 25, 2026

Page updated ·next FDA decision on the calendar ·Data as of Oct 11, 2026 9:31 PM ET
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Ziihera (zanidatamab-hrii) was approved by the FDA on August 25, 2026 for first-line HER2-positive gastroesophageal adenocarcinoma (GEA).

Ziihera (zanidatamab-hrii), partnered to Jazz, approved on August 25, 2026 for first-line HER2-positive advanced gastro-oesophageal adenocarcinoma - triggering a $250 million milestone to Zymeworks.

Run-up into the decision (T-120 → T+5)

PDUFA 8/25/26$28.56$21.812/18/26
Daily close, T-120 (2/18/26) through T+0. Run-up high $28.56 on 4/27/26, low $21.81 on 8/3/26 (T-120 to T-1). FDA decision 8/25/26. Historical price action, not a forecast.

Key facts

FDA decision date2026-08-25
OutcomeApproved
Drug / candidateZiihera (zanidatamab-hrii)
IndicationFirst-line HER2-positive unresectable locally advanced or metastatic gastric, gastro-oesophageal junction and gastro-oesophageal adenocarcinoma (partnered with Jazz Pharmaceuticals)
CompanyZymeworks Inc.
Market-cap tierSmall
120-day run-up (T-120→T-1)+5.5%
Cohort decision-day move (history)3.6% median (n=280)

The PDUFA target action date was August 25, 2026 and the FDA approved the supplemental BLA that day. Zanidatamab originated at Zymeworks and is partnered to Jazz Pharmaceuticals, which holds the US application; this listing exists because the approval is material to Zymeworks, which is entitled to a $250 million milestone payment on it. The approval covers all HER2-positive patients (IHC 3+ and IHC 2+/ISH+) regardless of PD-L1 status, based on the Phase 3 HERIZON-GEA-01 trial: median progression-free survival of 12.4 months against 8.1 months for trastuzumab plus chemotherapy, a 35% reduction in the risk of progression or death.

Run-up figures are the stock's own daily closing path over the 120 trading days before the decision, from our price history. Cohort move is the historical median absolute decision-day move for this market-cap tier. History, not a prediction.

Primary source: Jazz Pharmaceuticals / Zymeworks announcement, August 25, 2026

FDA record of the action: the FDA approved on August 25, 2026, per BLA 761416 S-003 (FDA letter). The sponsor announced it the same day. Action dates on pdufa.bio come from the FDA's own record, not the press release. Every FDA action we hold, by FDA date: FDA approval letters.

Specialist biotech funds holding ZYME, 13F for the quarter ended June 30, 2026

FundSharesValue at quarter endFiling
EcoR1 Capital22,970,388$600.4 millionfiled August 14, 2026
Perceptive Advisors4,182,953$109.3 millionfiled August 14, 2026
BVF Inc.3,649,142$95.4 millionfiled August 14, 2026
Redmile Group491,654$12.9 millionfiled August 14, 2026

13F reports list long positions in common stock at quarter end, are due 45 days later, and show no short positions or later trades. Notes, warrants and other instruments are not counted as shares.

Questions

Was Ziihera (zanidatamab-hrii) approved by the FDA?

Yes. The FDA approved the application for Ziihera (zanidatamab-hrii) on August 25, 2026, per the FDA's own record. The primary source is linked on this page.

Which company is behind Ziihera (zanidatamab-hrii)?

Ziihera (zanidatamab-hrii) is a Zymeworks Inc. (ZYME) program. The FDA decision came on August 25, 2026; the company's own announcement is linked on this page.

How did ZYME stock trade into the FDA decision?

Measured over the 120 trading days before the decision (T-120 to T-1), ZYME moved +5.5%. That is the recorded price path into this specific event. Historical measurement, not a prediction, and not investment advice.