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Wednesday, February 6, 2019

Zai Lab up on positive margetuximab data

Zai Lab Limited (ZLAB +21.1%) is up in early trade in response to positive results from a late-stage study evaluating MacroGenics’ margetuximab in certain breast cancer patients.
Shanghai-base Zai Lab owns development and commercialization rights to the monoclonal antibody (plus two other programs) in China, Hong Kong, Macau and Taiwan under a November 2018 agreement with MGNX.

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