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Stock impact report

ALX Oncology Reports First Quarter 2024 Financial Results and Provides Corporate Update [Yahoo! Finance]

ALX Oncology Holdings Inc. (ALXO) 
Company Research Source: Yahoo! Finance
immuno-oncology company developing therapies that block the CD47 immune checkpoint pathway, today reported financial results for the first quarter ended March 31, 2024, and provided a corporate update. “We entered the quarter with a great deal of momentum having achieved a key validating development milestone for our platform asset evorpacept in Q4 2023 by reporting positive results in a prespecified randomized interim analysis of ASPEN-06's Phase 2 clinical trial in advanced HER2-positive gastric/GEJ cancer, becoming the first CD47 blocker to demonstrate anti-tumor activity in a global randomized study in solid tumors,” said Jason Lettmann, Chief Executive Officer of ALX Oncology. “On the heels of this outstanding accomplishment, our first quarter efforts were focused on ensuring optimal clinical and operational execution as we advance our robust and maturing clinical-stage pipeline of best-in-class oncology programs that are reporting multiple value inflection datapoints in the co Show less Read more
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