Werewolf announces a merger with Ambros Therapeutics and secures $150M
The all-stock transaction rebrands the combined entity as Ambros Therapeutics and funds Phase 3 clinical trials for neridronate through 2029.
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In short: Werewolf agreed to merge with Ambros Therapeutics and secured $150 million in funding to advance neridronate through clinical trials.
The all-stock transaction rebrands the combined entity as Ambros Therapeutics and funds Phase 3 clinical trials for neridronate through 2029.
The company generated $3.7 million in net income after selling the JZP898 program to Jazz Pharmaceuticals for $21 million and repaying K2 HealthVentures debt.
The firm sold JZP898 development rights to Jazz Pharmaceuticals, repaid its K2 loan, and maintains $46.5 million in cash amid a $13.5 million quarterly net loss.
The company holds $57.1 million in cash and hired Piper Sandler to evaluate potential mergers, asset sales, or licensing partnerships.
Werewolf Therapeutics Inc. research and ratings by Barron's. View HOWL revenue estimates and earnings estimates, as well as in-depth analyst breakdowns.
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WATERTOWN, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (the "Company" or "Werewolf") (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of...
WATERTOWN, Mass., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (Nasdaq: HOWL) (the "Company" or "Werewolf"), an innovative biopharmaceutical company pioneering the development of...
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