ALX Oncology Holdings Inc. Common Stock (ALXO)
ALX Oncology Holdings Inc. is a clinical-stage biopharmaceutical company focused on developing innovative therapies that target immune evasion mechanisms in cancer. The company’s lead program aims to improve outcomes for patients by restoring the immune system’s ability to fight tumors. Headquartered in the United States, ALX Oncology is dedicated to advancing research and development in immuno-oncology.
Company News
The gastric cancer treatment market is expected to grow positively by 2034, driven by advances in targeted therapies and immunotherapies, with emerging drugs from multiple pharmaceutical companies showing promise in treating HER2-positive and advanced gastric cancers.
The global cancer market is projected to surpass $900 billion by 2034, driven by advancements in cancer treatments from biotech companies like Oncolytics Biotech, Exelixis, Cardiff Oncology, ALX Oncology, and Verastem.
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Investors are cheering the immuno-oncology company's latest clinical trial results.