HCW Biologics receives $7 million upfront fee for HCW11-006 license

Go back to HCW Biologics receives $7 million upfront fee for HCW11-006 license

HCW Biologics Closes Exclusive Worldwide License for HCW11-006 – A High Potential Fusion Immunotherapeutic

March 17, 2026 7:50 AM EDT

 Upfront cash fee with total value of $7.0 million, comprised of a $3.5 million cash payment and $3.5 million in-kind payment in the form of a transferable equity interest in licensee

Initiation of Phase 1 clinical study in China by licensee expected in the first half of 2027

HCW Biologics has free option to reclaim the rights to the Americas territory

MIRAMAR, Fla., March 17, 2026 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the Company) (NASDAQ: HCWB), a U.S.-based commercial- and clinical-stage biopharmaceutical company focused on supporting or developing... More