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Werewolf Therapeutics Priced, Nasdaq: HOWL

Preclinical biotech developing immune therapies for cancer.

Industry: Health Care

Latest Trade: $6.75 0.00 (0.0%)

First Day Return: +0.6%

Return from IPO: -57.8%

Industry: Health Care

We are an innovative biopharmaceutical company pioneering the development of therapeutics engineered to stimulate the body’s immune system for the treatment of cancer. We are leveraging our proprietary PREDATORTM platform to design conditionally activated molecules that stimulate both adaptive and innate immunity with the goal of addressing the limitations of conventional proinflammatory immune therapies. Our molecules, which we refer to as INDUKINETM molecules, are intended to selectively target the tumor microenvironment, or TME. Our most advanced product candidates, WTX-124 and WTX-330, are systemically delivered, conditionally activated Interleukin-2, or IL-2, and Interleukin-12, or IL-12, respectively, INDUKINE molecules for the treatment of solid tumors. We plan to submit an investigational new drug application, or IND, to the U.S. Food and Drug Administration, or FDA, for each of WTX-124 and WTX-330 in the first half of 2022, and thereafter initiate a Phase 1/1b clinical trial for each candidate in multiple tumor types as a single agent and in combination with an immune checkpoint inhibitor.
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IPO Data
IPO File Date 04/08/2021
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 7.5
Deal Size ($mm) $120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/29/2021
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 7.5
Deal Size ($mm) $120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
Leerink Partners
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Company Data
Headquarters Cambridge, MA, United States
Founded 2017
Employees 29
Website werewolftx.com

Werewolf Therapeutics (HOWL) Performance