Alpine Immune Sciences (ALPN) Reports Q2 Loss of $0.53/sh

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Alpine Immune Sciences Reports Second Quarter 2020 Financial Results and Provides Corporate Update

August 11, 2020 4:05 PM EDT

- Signed option to license worldwide rights to ALPN-101 with AbbVie -

- Received $60 million upfront cash payment from AbbVie; eligible to receive up to $805 million for exercise of the option and success-based development, regulatory and commercial milestones -

- Dosed first patient in NEON-1 Phase 1 trial of ALPN-202 in patients with advanced malignancies -

- Raised $60 million in July private placement led by Omega Funds -

- Conference call and webcast today at 4:30 p.m. ET -

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