• $8.3M
    Market Cap
  • -75.16%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 26
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

HCW Biologics Announces Pricing of $1.5 Million Follow-On Offering Priced At-The-Market Under NASDAQ Rules

HCW Biologics Inc. (NASDAQ: HCWB), a clinical-stage biopharmaceutical company, announced the pricing of a $1.5 million follow-on offering of 2,477,292 units at $0.6055 per unit. The company plans to use net proceeds for preclinical and clinical development of HCW9302 and general corporate purposes. Additionally, HCW Biologics negotiated to reduce the exercise price of existing warrants from $2.41 to $0.6055 per share, subject to shareholder approval.

02/17/2026, 9:50 PMGlobeNewswire

HCW Biologics Inc. (NASDAQ: HCWB) Participates in Virtual Investor “What This Means” Segment

HCW Biologics showcased its lead product candidate HCW11-040, a multi-functional fusion protein combining pembrolizumab with interleukin-7, interleukin-15, and TGF-β receptor components, which demonstrates potential to expand exhausted T cells without side effects in cancer treatment.

10/22/2025, 9:00 AMGlobeNewswire

HCW Biologics Designates One of Its Proprietary TRBC-Pembrolizumab-Based Immune Checkpoint Inhibitors as its Franchise Immunotherapeutic for Internal Clinical Development

HCW Biologics announced the selection of HCW11-040, a multi-functional fusion protein, as its lead product candidate for treating solid tumors. The immunotherapeutic combines pembrolizumab with specific cytokines and shows promising preclinical results in expanding T-cell responses without triggering cytokine storm.

09/16/2025, 8:00 AMGlobeNewswire

HCW Biologics Reports Positive Results from Non-Human Primate Study for Its Proprietary Second-Generation T-Cell Engager Program

HCW Biologics announced successful development of second-generation T-cell engagers targeting solid tumors, particularly pancreatic cancer and glioblastoma, with promising preclinical safety results in non-human primates and potential for treating multiple cancer types.

09/09/2025, 8:00 AMGlobeNewswire

HCW Biologics to Showcase its Novel Second-Generation Immune Checkpoint Inhibitor Identified as a Potential Gateway to a Multi-Billion Dollar Market

HCW Biologics has developed a novel pembrolizumab-based immune checkpoint inhibitor targeting solid tumors, particularly pancreatic and ovarian cancer, using its proprietary TRBC technology platform. The new immunotherapeutic shows potential to improve cancer treatment by simultaneously activating immune cells and promoting their tumor infiltration.

08/25/2025, 8:00 AMGlobeNewswire

HCW Biologics Reports Second Quarter 2025 Business Highlights and Financial Results

HCW Biologics reported Q2 2025 financial results, highlighting a $5 million equity offering, ongoing clinical development of HCW9302 for alopecia areata, and strategic business development efforts including license agreement negotiations and T-cell engager research.

08/18/2025, 2:44 PMGlobeNewswire

Hcw Biologics Revenue Plunges 98 Percent

HCW Biologics reported a significant revenue decline to $6,550 in Q2 2025, primarily due to a suspended licensing agreement. Despite narrowing its net loss to $1.9 million, the company faces ongoing financial challenges and continues to develop immunotherapies targeting inflammatory and autoimmune diseases.

08/14/2025, 6:33 PMThe Motley Fool

Peers

Statistics

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Day Range
$0.98
$1.20
$1.16
1-Year Range
$0.27
$6.02
$1.16
Latest Close$1.16
Change
+$0.07 (+6.03%)
Volume4,492,203
Market Cap$8.3M
Shares Outstanding7.2M
P/E (TTM)2.30
Diluted EPS (TTM)$0.50
Enterprise Value$13.9M

Information as of 06/22/2026

Company Profile

$8.3M
Market Cap
-$3.8M
Net Income
Sector: Healthcare
Industry: Biotechnology
2929 North Commerce Parkway, Miramar, FL, United States, 33025
954 842 2024

HCW Biologics Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and diseases in the United States. Its lead products include HCW11-018b, a novel, tetra-valent T-Cell engager; HCW11-040, a multifunctional fusion molecule that is a combination of cytokines and pembrolizumab; and HCW9302, injectable and interleukin 2 (IL-2) fusion protein complex, which is in clinical trial in patients with alopecia areata diseases. The company also develops HCW9201, a fusion protein designed as a reagent to use in the production of natural killer (NK) cell-based therapies; HCW9206, a fusion protein designed as a reagent to use in the production of CAR-therapies for the treatment of infectious diseases; and HCW11-006, a multi-functional immune cell stimulator. It has a license agreement with Wugen Inc. to develop cell therapy-based treatments; and a license, research and co-development agreement with WY Biotech Co., Ltd. for its preclinical molecule. HCW Biologics Inc. was incorporated in 2018 and is headquartered in Miramar, Florida.

Key Executives

  • Hing C. Wong
  • Rebecca Byam
  • Peter Rhode
  • Lee D. Flowers
  • Nicole Valdivieso

Current Ownership Distribution

  • Institutions15.1M (72.30%)
  • Mutual Funds4.8M (22.80%)
  • Insiders1.0M (4.90%)
  • Other0 (0.00%)