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LLY Eli Lilly and Co

740.00
-15.91 (-2.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eli Lilly and Co NYSE:LLY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -15.91 -2.10% 740.00 745.00 730.34 743.10 4,593,881 01:00:00

ALX Oncology, Eli Lilly to Evaluate Gastric Cancer Treatment

10/06/2021 12:40pm

Dow Jones News


Eli Lilly (NYSE:LLY)
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From May 2021 to May 2024

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By Chris Wack

 

ALX Oncology Holdings Inc. said it has entered into a clinical trial collaboration and supply agreement with Eli Lilly & Co. to evaluate the combination of ALX148, a next-generation CD47 blocker, and Cyramza ramucirumab, Lilly's anti-VEGFR2 antibody, for the treatment of patients with HER2-positive gastric cancer or gastroesophageal junction cancer.

Under the terms of the agreement, ALX Oncology will conduct a randomized Phase 2/3 study to evaluate the efficacy of ALX148 in combination with ramucirumab, trastuzumab, and paclitaxel for the treatment of patients whose tumors have progressed following treatment with HER2-targeted therapy and chemotherapy. Lilly will supply ramucirumab for this trial.

Financial details of the collaboration agreement are undisclosed.

ALX Oncology owns worldwide commercial rights to ALX148.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

June 10, 2021 07:35 ET (11:35 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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