BRIEF—Proposed combination of Poolbeg with HOOKIPA called off

21 February 2025

Further to the announcement on January 2, 2025 on the potential combination of UK-listed Poolbeg Pharma and Austria’s HOOKIPA Pharma, the board of Poolbeg announced that it was informed yesterday that HOOKIPA has terminated discussions on the proposed combination of the two companies.

Poolbeg executive chairman Cathal Friel commented: "We were surprised and disappointed to hear of HOOKIPA's decision to withdraw from the combination discussions. Throughout this process, we have seen strong interest in the potential of POLB 001 and we continue to be focused on maximizing the potential of our in-house programs and exploring new opportunities to generate value for our shareholders."

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