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Just saw HOOKIPA is selling off HB-200 and HB-700 to NeoTrail Therapeutics. Interesting move for a clinical-stage biotech company. These are their immunooncology programs - HB-200 was showing some promising Phase 2 data last year for HPV16 cancers, and HB-700 is being developed for KRAS-mutated tumors. Deal closed in Q2 2026, so it's happening now.
They're keeping HB-300, HB-400, and HB-500 in their pipeline though, so not completely exiting oncology. Makes sense they'd offload these to a focused player like NeoTrail rather than trying to push everything through themselves. The stock was trading around $1.04 last I checked, up a bit on the news. Curious to see if NeoTrail can actually move the needle on these programs where HOOKIPA couldn't.