Analysts Offer Insights on Healthcare Companies: HCW Biologics (NASDAQ: HCWB) and Century Therapeutics (NASDAQ: IPSC)We believe CNTY-101 (allogeneic CD19-CAR- iNK cell) is a differentiated product for autoimmune disease (AID) given its strong safety profile and, potentially, reduced lymphodepletion (LD) requirements. However, with enrollment still lagging (first patient dosed in March, two patients dosed as of 2Q), we believe 2H35 updates will not be substantive. There are also several confounders that could reduce the interpretability of this first readout: diverse set of AID indications, use of low- dose IL-2 on alternating patients, heterogeneity in number of CNTY-101 cycles, and geographic diversity. Enrollment difficulties are not unique to IPSC, and the company's efforts to refocus R&D spend provide sufficient runway to capture a more stock-moving dataset in 2026.