12:06 PM EDT, 05/22/2025 (MT Newswires) -- HOOKIPA Pharma ( HOOK ) said Thursday it struck a deal to sell its key assets from its HB-400 program for hepatitis B virus and HB-500 program for human immunodeficiency virus program to Gilead Sciences ( GILD ) for up to $10 million.

These programs are currently in clinical development, the company said in a regulatory filing. Gilead will not acquire other assets, including its HB-500 phase 1b clinical trial.

HOOKIPA said it will receive $3 million upfront at closing, with up to $7 million due in three phases.

Shares of HOOKIPA rose past 11% in recent trading.

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