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Stock impact report

ALX Oncology Spotlights Evorpacept HER2 Strategy and EGFR ADC ALX2004 Progress at JPM Conference [Yahoo! Finance]

ALX Oncology Holdings Inc. (ALXO) 
Company Research Source: Yahoo! Finance
Morgan conference led by CEO Jason Lettmann and Chief Medical Officer Barbara Klencke. Management highlighted what it described as an “incredible year” of multiple data readouts and said it is now focusing evorpacept development in HER2-positive breast cancer and multiple myeloma, while advancing ALX2004 through early dose escalation in a first-in-human Phase 1 study. ? Why Apple Chose Google to Power the Future of AI Lettmann framed CD47 as an important but historically difficult immuno-oncology target, noting that many prior programs were discontinued due to therapeutic window challenges. He said ALX Oncology's approach is differentiated because evorpacept blocks the “don't-eat-me” signal (CD47) while relying on a separate Fc-active antibody (such as a standard anticancer antibody or a bispecific) to provide the “eat-me” signal. According to the company, this bifurcated mechanism avoids activating macrophages against red blood cells, enabling higher dosing without the on-targe Show less Read more
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