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Werewolf Therapeutics sells JZP898 rights to Jazz Pharma, reports Q1 2026 loss of $13.5M, explores strategic options.

Company Fundamentals
07 May 2026
GlobeNewsWire
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Neutral
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Werewolf Therapeutics announced it has entered an asset purchase agreement with Jazz Pharmaceuticals, transferring exclusive global rights to its IFNα program JZP898. The company reported a net loss of $13.5 million for Q1 2026, down from $18.1 million the previous year, with reduced R&D expenses. It has repaid its loan from K2 HealthVentures and is actively exploring strategic alternatives to maximize shareholder value. Werewolf continues development of its INDUKINE and INDUCER platforms targeting cancer therapies.

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