Significant Advances in Clinical Programs
The company made significant advances in both the evorpacept and ALX2004 clinical programs, including new data from the ASPEN-06 trial showing CD47 expression as a key predictive biomarker for clinical response with evorpacept.
CD47 Biomarker-Driven Strategy
Analysis indicates patients with high CD47 expression benefit significantly more from evorpacept, leading to a modified Phase II clinical trial in breast cancer with a CD47 and HER2 biomarker-driven strategy.
Financial Guidance and Cash Runway Extension
The company has extended its cash runway guidance into Q1 2027, solidly positioning it to achieve multiple value-enhancing data milestones in the coming years.
Progress with Partnered Studies
The UMBRELLA study with Sanofi evaluating evorpacept with SARCLISA and dexamethasone in multiple myeloma is now complete, moving to dose optimization.