ALX Oncology to Host R&D Webcast Event Highlighting its

ALX Oncology Holdings Inc., a pioneering clinical-stage biotechnology company headquartered in South San Francisco, California, has announced an upcoming webcast event aimed at shedding light on their promising investigational therapy, ALX2004. Scheduled for May 20, 2025, this webcast will delve into the intricate details of ALX2004, described as potentially the best- and first-in-class antibody-drug conjugate (ADC) being developed by the company. This ADC is notable for its innovative mechanism of action, and the webcast promises to share preclinical data and outline the future clinical development strategy. This follows the recent U.S. Food and Drug Administration's clearance of the Investigational New Drug (IND) application earlier this year, marking a significant milestone in ALX Oncology’s journey to bring new treatment options to cancer patients.

ALX2004 is a standout candidate in the realm of targeted cancer therapies, meticulously designed and developed entirely in-house by ALX Oncology’s team of expert scientists. What makes ALX2004 particularly exciting is its utilization of a proprietary topoisomerase I inhibitor payload platform, a sophisticated approach that optimizes the anti-tumor activity mechanism of ADCs. This technology targets tumors that express the epidermal growth factor receptor (EGFR), which is implicated in various aggressive cancers. By focusing on EGFR-expressing tumors, ALX2004 aims to offer improved therapeutic outcomes, potentially setting new standards in cancer care. The science behind antibody-drug conjugates is a fascinating blend of biology and chemistry—they use antibodies to precisely deliver potent cancer-killing agents directly to tumor cells, minimizing damage to healthy cells. This precision is akin to sending a guided missile to eradicate cancer cells while sparing the surrounding tissue.

The leadership team at ALX Oncology, including CEO Jason Lettmann, Chief Medical Officer Alan Sandler, and Vice President of Antibody Technologies Marija Vrljic, will be front and center during the webcast. They will provide comprehensive updates on the planned clinical progress of ALX2004, sharing insights about the drug’s potential and outlining the next steps as it advances toward phase 1 clinical trials, anticipated by mid-2025. The involvement of such key figures underscores the strategic importance of ALX2004 within the company’s broader oncology pipeline. Interestingly, the company's lead candidate, evorpacept, is already making waves in the immuno-oncology space, being evaluated in multiple clinical trials across different cancer types. This robust pipeline showcases ALX Oncology’s commitment to developing groundbreaking treatments that could transform the landscape of cancer therapy.

Interested investors and stakeholders will be able to access the webcast live on May 20, 2025, at 8:00 a.m. Pacific Time or 11:00 a.m. Eastern Time through a dedicated web link on ALX Oncology’s website. For those unable to attend the live event, a replay will be available in the "Investors" section under "Events and Presentations," ensuring that the latest advancements and company strategy insights are accessible to all interested parties. This approach reflects a growing trend in the biotech industry toward increased transparency and engagement with the investor community, leveraging digital platforms to broaden access and participation. As cancer therapeutics rapidly evolve, keeping abreast of such developments through accessible resources is invaluable for investors and medical professionals alike.

ALX Oncology represents a beacon of hope within the biotech field, with a clear mission to push the boundaries of science to develop novel therapies that extend patients’ lives. The company’s innovative work with antibody-drug conjugates like ALX2004, alongside its established immuno-oncology candidates, is a testament to the dynamic evolution of cancer treatment. This dedication is reflected not only in their scientific achievements but also in their commitment to transparency and engagement with the global community. For more information about ALX Oncology and their groundbreaking clinical programs, interested individuals can visit www.alxoncology.com or connect through their LinkedIn page. As the biotech industry marches forward with innovation at its helm, companies like ALX Oncology remind us that perseverance and cutting-edge science continue to fuel hope for a future where cancer is more manageable and, ultimately, curable.

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