The following is a summary of the Apollomics, Inc. (APLM) Q4 2023 Earnings Call Transcript:

Financial Performance:

• Apollomics ended 2023 with cash and equivalents of $37.8 million.

• The company managed to raise $23.7 million in a financing round associated with its NASDAQ listing in March 2023.

• The cash position is projected to support operations into Q1 2025.

• The annual spend in research and development was $34.2 million and for general and administrative costs, it was $20.6 million.

• There's a marked reduction in the net loss at $172.6 million compared to the previous year's net loss of $240.8 million.

Business Progress:

• Apollomics has been making significant headway in the development of its two lead drug candidates, Vebreltinib and Ophthalescelen.

• Clinical results are positive with over 500 patients treated with Vebreltinib.

• In early 2024, the company received encouraging feedback from FDA on Vebreltinib.

• Evanstone received conditional approval in China for commercializing Vebreltinib for lung cancer treatment.

• Enrollment is complete for Phase 3 bridging study in China for potential AML treatment, APL 106.

• Apollomics successfully listed on NASDAQ in March 2023.

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