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Apollomics Appoints Matthew Plunkett, Ph.D. as Chief Financial Officer

Key Takeaway: Apollomics Inc. announced the appointment of Matthew Plunkett, Ph.D., as Chief Financial Officer, effective immediately. Plunkett, who has over 25 years of experience in the biopharmaceutical sector, is expected to significantly contribute to Apollomics' financial strategy and business development as the company pursues clinical and regulatory milestones for its drug candidates. Vebreltinib, aimed at treating advanced tumors, is positioned at the forefront of Apollomics' pipeline, addressing a critical area in oncology.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Matthew Plunkett is expected to enhance financial strategy and business development.
  • Plunkett's background in successfully leading IPOs is valuable for Apollomics' growth.
  • The company is experiencing promising growth opportunities, particularly with drug candidate vebreltinib.

Full Press Release Details

Apollomics Appoints Matthew Plunkett, Ph.D. as Chief Financial Officer
FOSTER CITY, Calif., March 4, 2024 (GLOBE NEWSWIRE) Apollomics Inc. ( Apollomics or the Company ), a clinical-stage
biopharmaceutical company developing medicines to address difficult-to-treat cancers, today announced that Matthew Plunkett, Ph.D., has been appointed as Chief Financial
Officer of Apollomics.
It s our pleasure to welcome Matt to the Apollomics team. We expect his financial strategy and business development
expertise from working with development and commercial stage public companies to be a critical asset as we execute our clinical, regulatory and commercialization plans, said Guo-Liang Yu, Ph.D., Chairman and Chief Executive Officer of
Apollomics. His appointment comes at a time of promising opportunity and growth for the company. We look forward to his contributions as we continue to execute on our vision of bringing vebreltinib and our other pipeline candidates through
clinical trials and towards regulatory approval.
Dr. Plunkett added, I am excited to join Apollomics at such an important point in the
Company s growth. The data for vebreltinib in various c-Met driven malignancies is compelling, and I look forward to working with the Apollomics leadership team to advance this drug candidate through
development and help bring it to patients who could benefit from its differentiated activity and profile.
Dr. Plunkett brings to Apollomics
over 25 years of diverse strategic and financial experience within the biopharmaceutical sector, most recently as Chief Financial Officer at Aeovian Pharmaceuticals. Prior to Aeovian, he was Chief Financial Officer at Imago Biosciences (acquired by
Merck), where he led the efforts for the company s $155 million Nasdaq initial public offering (IPO). He was previously Chief Financial Officer at Nkarta Therapeutics, where he led the efforts for its $290 million Nasdaq IPO. He has
held positions including Chief Business Officer at CTI BioPharma (acquired by SOBI), a commercial stage hematology-oncology biopharmaceutical company, where he led a variety of financing and corporate development transactions.
Earlier in his career, Dr. Plunkett held a variety of positions at CIBC World Markets and its U.S. successor Oppenheimer & Co., including Managing Director, Head of West Coast Biotechnology. Dr. Plunkett received his B.S. in
chemistry from Harvey Mudd College and a Ph.D. in organic chemistry from the University of California, Berkeley.
About Apollomics Inc.
Apollomics Inc. 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 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, and uproleselan (APL-106), a specific E-Selectin antagonist that has the potential to be used adjunctively with standard chemotherapy to treat acute myeloid leukemia. For more information, please visit http://www.apollomics.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes statements that constitute forward-looking statements within the meaning of the federal securities laws, including
Section 27A of the Securities Act of 1933, as amended (the Securities Act ), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act ). All statements, other than statements of present or
historical fact included in this press release, are forward-looking statements. When used in this press release, the words potential, could, should, will, may, believe,
estimate, expect, look, forward, the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such
identifying words. Apollomics cautions you that its forward-looking statements are subject to unknown risks and uncertainties that could cause actual results to differ materially from those indicated in the Company s forward-looking statements,
including: (i) the impact of any current or new government regulations in the United States and China affecting Apollomics operations and the continued listing of Apollomics securities; (ii) the inability to achieve successful
clinical results or to obtain licensing of third-party intellectual property rights for future discovery and development of Apollomics oncology projects; (iii) the failure to commercialize product candidates and achieve market acceptance
of such product candidates; (iv) the failure to protect intellectual property, and the risk of litigious claims, proceedings, litigation or other types of disputes related to Apollomics business, licenses or intellectual property;
(v) breaches in data security; (vi) the risk that Apollomics may not be able to develop and maintain effective internal controls; (vii) unfavorable changes to the regulatory environment; and those risks and uncertainties discussed in
the Annual Report on Form 20-F for the year ended December 31, 2022, filed by Apollomics Inc. with the U.S. Securities and Exchange Commission ( SEC ) on April 28, 2023, under the heading
Risk Factors and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the Company can be found in the reports that Apollomics has filed and will
file from time to time with the SEC. These SEC filings are available publicly on the SEC s website at www.sec.gov. Forward-looking statements speak only as of the date made by the Company. Apollomics undertakes no obligation to update publicly
any of its forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law.

Frequently Asked Questions

Who has been appointed as CFO of Apollomics?

Matthew Plunkett, Ph.D., has been appointed as Chief Financial Officer.

What is Dr. Plunkett's experience in the industry?

He has over 25 years of strategic and financial experience in biopharma.

What are Apollomics’ lead drug candidates?

Vebreltinib and uproleselan are the lead drug candidates in development.

What focus does Apollomics have as a biopharmaceutical company?

Apollomics focuses on developing oncology therapies for hard-to-treat cancers.

Where can more information about Apollomics be found?

More information can be found on their website at apollomics.com.

Last updated: Mar 4, 2024