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HCW Biologics Reports First Quarter 2025 Business Highlights and Financial Results
Globenewswire· 2025-05-15 22:14
MIRAMAR, Fla., May 15, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its first quarter ended March 31, 2025. On May 15, 2025, the Company closed an equity offering with gross proceeds of $5.0 milli ...
HCW Biologics Announces Positive Results of Studies of Proprietary Compound, HCW9206 and Availability for Commercialization
Globenewswire· 2025-05-13 12:30
Core Insights - HCW Biologics Inc. has presented studies indicating that its proprietary fusion protein HCW9206 offers a new pathway for generating CAR-T cells with enhanced function and reduced manufacturing costs [2][3] - The research shows that HCW9206 outperforms standard CAR-T production methods, leading to improved persistence and efficacy of CAR-T cells in treating various diseases [2][3] Company Overview - HCW Biologics is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies targeting chronic inflammation and related diseases [4][5] - The company has established a GMP master cell bank for HCW9206 and filed a drug master file with the FDA, indicating readiness for commercial partnerships [3][4] Product Development - HCW9206 is designed to deliver synergistic signals from three immune-stimulatory cytokines, enhancing the production of stem cell-like memory T cells (Tscm) which are crucial for effective CAR-T therapies [2][3] - The company has developed additional drug discovery technologies, including the TRBC platform, which allows for the creation of various immunotherapeutic compounds targeting cancer and autoimmune diseases [5]