Zai Lab Limited (ZLAB) Q2 2025 Earnings Call Transcript


Zai Lab Limited (NASDAQ:ZLAB) Q2 2025 Earnings Conference Call August 7, 2025 8:00 AM ET

Company Participants

Christine Chiou – Senior VP & Head of Investor Relations
Joshua L. Smiley – President & COO
Rafael G. Amado – President and Head of Global Research & Development
Yajing Chen – Chief Financial Officer
Ying Du – Founder, Chairperson & CEO

Conference Call Participants

Anupam Rama – JPMorgan Chase & Co, Research Division
Li Wang Watsek – Cantor Fitzgerald & Co., Research Division
Po Han Lin – Morgan Stanley, Research Division
Wei Ji Chang – Leerink Partners LLC, Research Division
Yigal Dov Nochomovitz – Citigroup Inc., Research Division
Ziyi Chen – Goldman Sachs Group, Inc., Research Division

Operator

Hello, ladies and gentlemen. Thank you for standing by, and welcome to Zai Lab’s Second Quarter 2025 Financial Results Conference Call. [Operator Instructions] As a reminder, today’s call is being recorded.

It is now my pleasure to turn the floor over to Christine Chiou, Senior Vice President of Investor Relations. Please go ahead, ma’am.

Christine Chiou

Thank you, operator. Hello, and welcome, everyone. Today’s earnings call will be led by Dr. Samantha Du, Zai Lab’s Founder, CEO and Chairperson. She will be joined by Josh Smiley, President and Chief Operating Officer; Dr. Rafael Amado, President and Head of Global Research and Development; and Dr. Yajing Chen, Chief Financial Officer. Jonathan Wang, our Chief Business Officer, will also be available to answer questions during the Q&A portion of the call.

As a reminder, during today’s call, we will be making certain forward-looking statements based on our current expectations. These statements are subject to numerous risks and uncertainties that may cause actual results to differ materially from what we expect due to a variety of factors, including those discussed in our SEC filings.

We will also



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