HCW Biologics Receives $7 Million Licence Deal for HCW11-006, Including Option for HCW9302
ByAinvest
Tuesday, Mar 17, 2026 11:25 am ET1min read
HCWB--
HCW Biologics received a $7 million upfront license fee from Beijing Trimmune Biotech for the development and commercialization of HCW11-006. The deal also includes an option for Trimmune to license exclusive regional China rights for HCW9302, a clinical-stage molecule for autoimmune disorders. HCW Biologics is eligible for significant milestone payments and double-digit royalties on future sales. The stock is down 13.18% at $0.81.
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