Clinical Development StrategyThe Phase 2 data not only validated the mechanism of action of Evo, but also de-risked its development in other tumor indications, including HNSCC, breast cancer, B-cell NHL, and multiple myeloma.
Clinical Trial ResultsThe topline results showed a confirmed objective response rate (ORR) and median duration of response (DOR) of 40.3% and 15.7 months in the evorpacept + TRP arm vs. 26.6% and 7.6 months in the TRP arm.
Financial PerformanceALX Oncology reported cash and cash equivalents of approximately $186M at the end of 2Q24, which is believed to be sufficient to fund operations.