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ALX Oncology

HQ: South San Francisco, CA source · alxoncology.com ↗ · West Coast

Clinical Phase 3

Keywords: oncology immuno-oncology Head and Neck Cancer Head and Neck Squamous Cell Carcinoma NSCLC (Advanced Non-small Cell Lung Cancer) HNSCC CRC (Colorectal Cancer) Colo-rectal Cancer Esophageal Squamous Cell Carcinoma Metastatic Breast Cancer Gastric Cancer Gastroesophageal Junction Adenocarcinoma Gastric Adenocarcinoma NonHodgkin Lymphoma Bladder Cancer Urothelial Carcinoma Higher Risk Myelodysplastic Syndromes Acute Myeloid Leukemia Adult AML ALX2004 Evorpacept (ALX148)

Location: South San Francisco, CA · source · Oct 14, 2026

Profile checked Oct 10, 2026

$150.0MRaised (2 yrs)9Trials (company is sponsor)

Timeline

  1. Raise Follow-on offering: $150M (total, as published), announced Jan 30, 2026. Source: SEC filing. source ↗
  2. Trial start Phase 2: ASPEN-09-03: A Study of Evorpacept in Combination With Trastuzumab and Chemotherapy in Metastatic HER2-Positive Breast Cancer source ↗
  3. Trial start Phase 1: A First in Human Study of ALX2004 With Advanced or Metastatic Selected Solid Tumors source ↗
  4. Trial start Phase 1: A Study of Evorpacept (ALX148) With Enfortumab Vedotin for Subjects With Urothelial Carcinoma (ASPEN-07) source ↗
  5. Trial start Phase 2/Phase 3: A Study of Evorpacept (ALX148) in Patients With Advanced HER2+ Gastric Cancer (ASPEN-06) source ↗
  6. Trial start Phase 2: Evorpacept (ALX148) in Combination With Pembrolizumab and Chemotherapy in Patients With Advanced Head and Neck Squamous Cell Carcinoma (ASPEN-04) source ↗
  7. Trial start Phase 1: A Study of Evorpacept (ALX148) With Venetoclax and Azacitidine for Acute Myeloid Leukemia (ASPEN-05) source ↗
  8. Trial start Phase 2: Evorpacept (ALX148) in Combination With Pembrolizumab in Patients With Advanced Head and Neck Squamous Cell Carcinoma (ASPEN-03) source ↗
  9. Trial start Phase 1: A Study of Evorpacept (ALX148) With Azacitidine for Higher Risk Myelodysplastic Syndrome (ASPEN-02) source ↗
  10. Trial start Phase 1: A Study of Evorpacept (ALX148) in Patients With Advanced Solid Tumors and Lymphoma (ASPEN-01) source ↗

Upcoming milestones

Estimated primary completion per ClinicalTrials.gov. Dates move.

Funding

Raised: $150.0M. Last 2 years.

Clinical trials (lead sponsor) 9

RecordTitlePhaseStatusStartPrimary completion
NCT07085091A First in Human Study of ALX2004 With Advanced or Metastatic Selected Solid TumorsPhase 1RecruitingAug 18, 20252027-06 (estimated)
NCT07007559ASPEN-09-03: A Study of Evorpacept in Combination With Trastuzumab and Chemotherapy in Metastatic HER2-Positive Breast CancerPhase 2RecruitingDec 10, 20252027-12 (estimated)
NCT05002127A Study of Evorpacept (ALX148) in Patients With Advanced HER2+ Gastric Cancer (ASPEN-06)Phase 2/Phase 3Active, not recruitingJan 15, 2022May 24, 2024 (actual)
NCT04675333Evorpacept (ALX148) in Combination With Pembrolizumab and Chemotherapy in Patients With Advanced Head and Neck Squamous Cell Carcinoma (ASPEN-04)Phase 2Active, not recruitingMay 10, 2021Mar 3, 2025 (actual)
NCT04675294Evorpacept (ALX148) in Combination With Pembrolizumab in Patients With Advanced Head and Neck Squamous Cell Carcinoma (ASPEN-03)Phase 2Active, not recruitingApr 2, 2021Mar 3, 2025 (actual)
NCT03013218A Study of Evorpacept (ALX148) in Patients With Advanced Solid Tumors and Lymphoma (ASPEN-01)Phase 1CompletedFeb 3, 2017Feb 1, 2022 (actual)
NCT05524545A Study of Evorpacept (ALX148) With Enfortumab Vedotin for Subjects With Urothelial Carcinoma (ASPEN-07)Phase 1CompletedNov 2, 2022Jun 27, 2025 (actual)
NCT04417517A Study of Evorpacept (ALX148) With Azacitidine for Higher Risk Myelodysplastic Syndrome (ASPEN-02)Phase 1TerminatedOct 2, 2020Jan 17, 2025 (actual)
NCT04755244A Study of Evorpacept (ALX148) With Venetoclax and Azacitidine for Acute Myeloid Leukemia (ASPEN-05)Phase 1TerminatedMay 5, 2021May 5, 2023 (actual)
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