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NetworkNewsBreaks – Apollomics Inc. (NASDAQ: APLM) Closes on Business Combination, Begins Trading

Company: Apollomics Inc. (APLM)
Category: News

Apollomics (NASDAQ: APLM), a clinical-stage biopharmaceutical company developing multiple oncology drug candidates to address difficult-to-treat and treatment-resistant cancers, has completed its business combination with Maxpro Capital Acquisition Corp. (NASDAQ: JMAC). According to the announcement, the company anticipated its class A ordinary shares and public warrants to commence trading on March 30, 2023, on the Nasdaq Capital Market. Apollomics is committed to improve treatment options for patients diagnosed with difficult-to-treat, high- mortality cancers. “Becoming a public company represents a major milestone in our journey to provide solutions for patients with difficult-to-treat cancers worldwide,” said Apollomics chair and CEO Dr. Guo-Liang Yu, PhD, in the press release. “The funds now available to us are expected to facilitate development of our oncology pipeline and further our mission to provide patients with effective therapies and hope.”

To view the full press release, visit https://nnw.fm/2xzLv

About Apollomics Inc.

Apollomics is an innovative clinical-stage biopharmaceutical company focused on the discovery and development of oncology therapies with the potential to be combined with other treatment options to harness the immune system and target specific molecular pathways to inhibit cancer. Apollomics currently has a pipeline of nine drug candidates across multiple programs, six of which are currently in the clinical stage of development. Apollomics’ lead programs include investigating its core product, vebreltinib (APL-101), a potent, selective c-Met inhibitor for the treatment of non-small cell lung cancer and other advanced tumors with c-Met alterations, which is currently in a phase 2 multicohort clinical trial in the United States, and developing an anticancer enhancer drug candidate, uproleselan (APL-106), a specific E-Selectin antagonist that has the potential to be used adjunctively with standard chemotherapy to treat acute myeloid leukemia and other hematologic cancers, which is currently in phase 1 and phase 3 clinical trials in China. For more information about the company, please visit www.ApollomicsInc.com.

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