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ALX Oncology Highlights $150M Raise, Evorpacept Breast Cancer Push and EGFR ADC ALX2004 Update [Yahoo! Finance]

ALX Oncology Holdings Inc. (ALXO) 
Company Research Source: Yahoo! Finance
2028 and will fund a concentrated effort to make both lead programs pivotal-ready by the end of next year. Clinical data highlight evorpacept's potential as a CD47 -targeted therapy: in the ASPEN-06 gastric cancer subset with retained HER2 and CD47 overexpression it showed an ORR 65% vs 26% (control), a 25.5-month duration of response and a PFS HR 0.39 , prompting ALX to refocus its ASPEN-09 breast cancer study on the CD47-overexpressing post-Enhertu population. ALX2004 is now in dose escalation (entered dose level three), is an EGFR-targeted ADC with a TOPO1 payload (DAR 8), and ALX expects additional safety data in the second half of this year while exploring partnering interest pending clear safety/efficacy signals. Interested in ALX Oncology Holdings Inc.? Here are five stocks we like better. Executives from ALX Oncology (NASDAQ:ALXO) outlined the company's clinical and corporate priorities at a recent investor event, emphasizing a narrowed focus on two oncology assets: it Show less Read more
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