Ying Du Sells Shares of Zai Lab Limited $ZLAB
Key Points
- Ying Du sold 24,543 shares of Zai Lab Limited ($ZLAB) worth $428,520.78.
- $ZLAB last traded around $18.41.
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Ying Du, Chairperson & CEO at Zai Lab Limited ($ZLAB), sold 24,543 shares at an average price of $17.46, for a total transaction of $428,520.78. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Zai Lab Limited Stock Down 29.4%
Shares of Zai Lab Limited ($ZLAB) traded around $18.41 on Tuesday, down 29.4% for the day.
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About Zai Lab Limited
Zai Lab Limited, a biopharmaceutical company, focuses on discovering, developing, and commercializing products that address medical conditions in the areas of oncology, immunology, neuroscience, and infectious diseases. Its commercial products include Zejula, an orally administered poly (ADP-ribose) polymerase 1/2 inhibitor for treating ovarian cancer; VYVGART, a human IgG1 antibody fragment for generalized myasthenia gravis and chronic inflammatory demyelinating polyneuropathy; NUZYRA for community-acquired bacterial pneumonia and acute bacterial skin and skin structure infections; Optune for glioblastoma multiforme; Qinlock for gastrointestinal stromal tumors; Xacduro for treating hospital-acquired and ventilator-associated bacterial pneumonia caused by a cinetobacter baumannii-calcoaceticus complex; and Augtyro for the treatment of ROS proto-oncogene 1 and non-small cell lung cancer. The company has a strategic collaboration with Tesaro, Inc., NovoCure Ltd., Deciphera Pharmaceuticals, LLC, Paratek Bermuda Ltd., argent BV, Turning Point Therapeutics, Inc., Entasis Therapeutics Holdings Inc., Karuna Therapeutics, Inc., Pfizer Inc., Amgen Inc., and with Boehringer Ingelheim GmbH. The company was incorporated in 2013 and is based in Pudong, China.
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