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ALX Oncology Announces November Investor Conference Participation

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ALX Oncology Holdings Inc. will participate in three upcoming investor conferences in November. The conferences include the 2023 UBS BioPharma Conference on November 8th in Miami Beach, FL, the 2023 Jefferies London Healthcare Conference on November 14th in London, UK, and the 2023 Piper Sandler Healthcare Conference on November 28th in New York, NY. Webcast links will be available on ALX Oncology's website for those who want to access the fireside chats.
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SOUTH SAN FRANCISCO, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc., (“ALX Oncology”) (Nasdaq: ALXO), a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced that management will participate in three upcoming investor conferences in November.

2023 UBS BioPharma Conference
Format: Fireside chat with analyst, Dr. Colin Bristow
Date: Wednesday, November 8th
Time: 1:30 PM EST
Location: Miami Beach, FL
Webcast link: Available here

2023 Jefferies London Healthcare Conference
Format: Fireside chat with analyst, Michael Yee
Date: Tuesday, November 14th
Time: 3:00 PM GMT
Location: London, UK 
Webcast link: Available here

2023 Piper Sandler Healthcare Conference
Format: Fireside chat with analyst, Christopher Raymond
Date: Tuesday, November 28th
Time: 4:30 PM EST
Location: New York, NY 
Webcast link: Available here

The live webcasts for the UBS, Jefferies and Piper Sandler fireside chats can be accessed by visiting the Investors section of ALX Oncology’s website at www.alxoncology.com and selecting Events under the News and Events tab. A replay of the webcast will be archived for up to 90 days following the fireside chat date.

About ALX Oncology

ALX Oncology is a publicly traded, clinical-stage immuno-oncology company focused on helping patients fight cancer by developing therapies that block the CD47 immune checkpoint inhibitor and bridge the innate and adaptive immune system. ALX Oncology’s lead product candidate, evorpacept, is a next generation CD47 blocking therapeutic that combines a high-affinity CD47 binding domain with an inactivated, proprietary Fc domain. Evorpacept has demonstrated promising clinical responses across a range of hematologic and solid malignancies in combination with a number of leading anti-cancer antibodies. ALX Oncology is currently focusing on combining evorpacept with anti-cancer antibodies, ADCs, and PD-1/PD-L1 immune checkpoint inhibitors.

Evorpacept’s Rational Design and Dual Development Pillars

Rationally engineered with an inactive Fc effector function, evorpacept’s clinical data to date has demonstrated a substantially improved safety profile over other anti-CD47 molecules in the clinic with an active Fc (i.e., binding the Fc gamma receptor on macrophages). This superior safety profile allows higher dosing with minimal overlapping toxicity in the combination treatment setting. CD47 expressed on cancer cells binds to its receptor SIRP alpha, which is predominantly expressed on two cell types: macrophages and dendritic cells. ALX Oncology is focusing evorpacept development with the standard-of-care agents as originally designed revolving around these two cell types, including:

Anti-cancer antibodies (the “don’t eat me” signal): evorpacept enables Fc-mediated antibody-dependent phagocytosis by macrophages in combination with anti-cancer antibodies (e.g., Herceptin®) with an active Fc domain, which is otherwise impaired by CD47 expression on cancer cells binding to SIRP alpha on macrophages. This same mechanism of action applies to ADCs.

PD-1/PD-L1 immune checkpoint inhibitors (the “don’t activate T-cells” signal): evorpacept enables T-cell activation by dendritic cells that are constitutively inhibited by CD47 expression on cancer cells binding to SIRP alpha on dendritic cells. Activated dendritic cells present neoantigens to T-cells that once activated will kill cancer cells when the PD-1/PD-L1 inhibitory interaction is blocked by T-cell checkpoint inhibitors.


FAQ

Which investor conferences will ALX Oncology participate in November?

ALX Oncology will participate in the 2023 UBS BioPharma Conference, the 2023 Jefferies London Healthcare Conference, and the 2023 Piper Sandler Healthcare Conference.

When and where will the 2023 UBS BioPharma Conference take place?

The 2023 UBS BioPharma Conference will take place on Wednesday, November 8th in Miami Beach, FL.

When and where will the 2023 Jefferies London Healthcare Conference take place?

The 2023 Jefferies London Healthcare Conference will take place on Tuesday, November 14th in London, UK.

When and where will the 2023 Piper Sandler Healthcare Conference take place?

The 2023 Piper Sandler Healthcare Conference will take place on Tuesday, November 28th in New York, NY.

How can I access the webcasts for the fireside chats?

The webcasts for the fireside chats can be accessed by visiting the Investors section of ALX Oncology's website at www.alxoncology.com and selecting Events under the News and Events tab.

How long will the webcast replays be available?

The webcast replays will be archived for up to 90 days following the fireside chat date.

ALX Oncology Holdings Inc.

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SOUTH SAN FRANCISCO