• Apollomics' Phase 3 trial of uproleselan in China did not meet its primary endpoint, showing no significant benefit in overall survival for patients with relapsed or refractory AML.
• The median overall survival in the uproleselan arm was 9.3 months, compared to 14.3 months in the chemotherapy-only arm, indicating a potential detriment with the addition of uproleselan.
• Due to the trial's failure and a previous unsuccessful global Phase 3 trial, Apollomics is discontinuing the uproleselan program, with remaining expenses expected to be under $500,000.
• Apollomics will focus on its lead program, vebreltinib (APL-101), a c-Met inhibitor currently in Phase 2 trials for non-small cell lung cancer and other advanced tumors.