Alx Oncology Advances CD47 Biomarker-Driven Strategy, Extends Cash Runway
ByAinvest
Monday, Sep 1, 2025 5:15 pm ET1min read
ALXO--
Alx Oncology reported significant progress in its clinical programs, particularly with evorpacept and ALX2004, and extended its cash runway into Q1 2027. The company's CD47 biomarker-driven strategy and partnered studies, such as the UMBRELLA study with Sanofi, are notable achievements. However, challenges remain in defining biomarker cutoffs and addressing unmet needs in HER2-positive breast cancer.
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