Poolbeg Startles Investors With Plan To Hook Up With Hookipa

The new year is only a couple of days old but the Anglo-Irish biotech has agreed a sale to Hookipa that will create a US-listed entity around HB-700, which targets multiple KRAS mutations in lung, colorectal and pancreatic cancers, and Poolbeg's Phase II-ready drug which is designed to prevent cancer immunotherapy-induced cytokine release syndrome.

Merger concept

The news that Poolbeg Pharma is exploring a possible merger with Hookipa Pharma that would see the firm move its listing from London to the NASDAQ has excited their prospective boards but not gone down with shareholders.

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