Zai Lab Ltd (HK:9688) has released an update.
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Zai Lab Limited reported a 47% year-on-year increase in net product revenue for the third quarter of 2024, reaching $101.8 million, driven by the successful launch of VYVGART in China. The company continues to advance its pipeline with promising developments, including a positive China study for KarXT in schizophrenia and encouraging global Phase 1 data for ZL-1310 in small cell lung cancer. With a strong cash position and multiple product launches expected, Zai Lab is poised for future growth.
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