Below are the financial statements of Zai Lab, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenues | — | — |
| Product revenue, net | 397.61a | 266.72a |
| Collaboration revenue | 1.37a | 0a |
| Total revenues | 398.99a | 266.72a |
| Expenses | — | — |
| Cost of product revenue | -147.12a | -95.82a |
| Cost of collaboration revenue | -0.74a | 0a |
| Research and development | -234.5a | -265.87a |
| Selling, general and administrative | -298.74a | -281.61a |
| Gain on sale of intellectual property | 0a | 10a |
| Loss from operations | -282.12a | -366.57a |
| Interest income | 37.11a | 39.8a |
| Interest expenses | -2.25a | 0a |
| Foreign currency losses | -15.14a | -14.85a |
| Other income, net | 5.3a | 7.01a |
| Loss before income tax | -257.1a | -334.62a |
| Income tax expense | 0a | 0a |
| Net loss | -257.1a | -334.62a |
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