Financial StrategyHCW Biologics has made solid initial progress on its financing strategy and is back on track to advance its pipeline, including moving HCW9302 into the clinic.
Partnership And FundingThe company has completed a transaction with WY Biotech, expected to close and result in a $7.0M upfront payment.
Pipeline DevelopmentHCW9302 remains on track to initiate clinical development in alopecia areata with potential to expand into additional skin conditions such as atopic dermatitis and vitiligo.