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Pioneering Novel IO Therapies Focused on Key Mechanisms of Immunosuppression JANUARY 2021 Disclaimer This Presentation has been prepared by iTeos Therapeutics, Inc. ("we," "us," our "our") and contains forward-looking st

Key Takeaway: Immunosuppression JANUARY 2021Exhibit 99.1 Pioneering Novel IO Therapies Focused on Key Mechanisms of Immunosuppression JANUARY 2021 Disclaimer This Presentation has been prepared by iTeos Therapeutics, Inc. ("we," "us," our "our") and contains forward-looking statements within

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Immunosuppression JANUARY 2021Exhibit 99.1 Pioneering Novel IO Therapies Focused on Key Mechanisms of Immunosuppression JANUARY 2021
Disclaimer This Presentation has been prepared by iTeos Therapeutics,
Inc. ("we," "us," our "our") and contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements are
neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, our development plans, our clinical
results and future conditions. All statements, other than statements of historical facts, contained in this Presentation, including statements regarding our strategy, future financial condition, future operations, projected costs, prospects, plans,
objectives of management and expected market growth, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as aim,'' anticipate,''
assume,'' believe,'' contemplate,'' continue,'' could,'' design,''
due,'' estimate,'' expect,'' goal,'' intend,'' may,'' objective,''
plan,'' predict,'' positioned,'' potential,'' seek,'' should,''
target,'' will,'' would'' and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other
comparable terminology. These forward-looking statements include statements about the initiation, timing, progress and results of our current and future clinical trials and current and future preclinical studies of our product candidates, including
our clinical trials of Inupadenant (EOS-850), our clinical trials of EOS-448 and of our research and development programs; our ability to successfully establish or maintain collaborations or strategic relationships for our product candidates; our
ability to manufacture our product candidates, including Inupadenant and EOS-448, or any other product candidate in conformity with the Food and Drug Administration's requirements and to scale up manufacturing of our product candidates to
commercial scale, if approved; our financial performance; the effect of the COVID-19 pandemic, including mitigation efforts and economic effects, on any of the foregoing or other aspects of our business operations, including but not limited to our
preclinical studies and future clinical trials; and our plans to develop and commercialize our current product candidates and any future product candidates and the implementation of our business model and strategic plans for our business, current
product candidates and any future product candidates. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. These
statements are based on management's current expectations and beliefs and are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking
statements. Such risks and uncertainties include, among others: uncertainties inherent in clinical studies and the availability and timing of data from ongoing clinical studies; whether interim results from a clinical trial will be predictive of the
final results of a trial; that the results from our clinical trials for Inupadenant and EOS-448 may not support further development and marketing approval; the risk that we may be unable to gain approval for our product candidates on a timely basis,
if at all; the risk that the current COVID-19 pandemic will impact our clinical trials and operations; and other risks set forth under the caption Risk Factors' in our most recent Quarterly Report on Form 10-Q for the quarter ended
September 30, 2020, as filed with the SEC on November 12, 2020, and in our future filings with the SEC available at the SEC's website at www.sec.gov. New risks and uncertainties may emerge from time to time, and it is not possible to predict
all risks and uncertainties. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Certain information contained in this Presentation and statements made orally during this Presentation
relate to or is based on studies, publications, surveys and other data obtained from third-party sources and the Company's own internal estimates and research. While the Company believes these third-party studies, publications, surveys and
other data to be reliable as of the date of the Presentation, it has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition,
no independent sources has evaluated the reasonableness or accuracy of the Company's internal estimates or research and no reliance should be made on any information or statements made in this Presentation relating to or based on such internal
estimates and research. While we may elect to update these forward-looking statements at some point in the future, we assume no obligation to update or revise any forward-looking statements except to the extent required by applicable law. Although
we believe the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Accordingly, readers are cautioned not to place undue reliance on these
forward-looking statements. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. 2Disclaimer This Presentation has been prepared by iTeos Therapeutics, Inc. ("we,"
"us," our "our") and contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements are neither historical facts
nor assurances of future performance. Instead, they are based on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, our development plans, our clinical results and future conditions.
All statements, other than statements of historical facts, contained in this Presentation, including statements regarding our strategy, future financial condition, future operations, projected costs, prospects, plans, objectives of management and
expected market growth, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as aim,'' anticipate,'' assume,''
believe,'' contemplate,'' continue,'' could,'' design,'' due,''
estimate,'' expect,'' goal,'' intend,'' may,'' objective,'' plan,''
predict,'' positioned,'' potential,'' seek,'' should,'' target,''
will,'' would'' and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. These
forward-looking statements include statements about the initiation, timing, progress and results of our current and future clinical trials and current and future preclinical studies of our product candidates, including our clinical trials of
Inupadenant (EOS-850), our clinical trials of EOS-448 and of our research and development programs; our ability to successfully establish or maintain collaborations or strategic relationships for our product candidates; our ability to manufacture
our product candidates, including Inupadenant and EOS-448, or any other product candidate in conformity with the Food and Drug Administration's requirements and to scale up manufacturing of our product candidates to commercial scale, if
approved; our financial performance; the effect of the COVID-19 pandemic, including mitigation efforts and economic effects, on any of the foregoing or other aspects of our business operations, including but not limited to our preclinical studies
and future clinical trials; and our plans to develop and commercialize our current product candidates and any future product candidates and the implementation of our business model and strategic plans for our business, current product candidates and
any future product candidates. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. These statements are based on
management's current expectations and beliefs and are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking statements. Such risks and
uncertainties include, among others: uncertainties inherent in clinical studies and the availability and timing of data from ongoing clinical studies; whether interim results from a clinical trial will be predictive of the final results of a trial;
that the results from our clinical trials for Inupadenant and EOS-448 may not support further development and marketing approval; the risk that we may be unable to gain approval for our product candidates on a timely basis, if at all; the risk that
the current COVID-19 pandemic will impact our clinical trials and operations; and other risks set forth under the caption Risk Factors' in our most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, as filed
with the SEC on November 12, 2020, and in our future filings with the SEC available at the SEC's website at www.sec.gov. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.
You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Certain information contained in this Presentation and statements made orally during this Presentation relate to or is based on
studies, publications, surveys and other data obtained from third-party sources and the Company's own internal estimates and research. While the Company believes these third-party studies, publications, surveys and other data to be reliable as
of the date of the Presentation, it has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, no independent sources has
evaluated the reasonableness or accuracy of the Company's internal estimates or research and no reliance should be made on any information or statements made in this Presentation relating to or based on such internal estimates and research.
While we may elect to update these forward-looking statements at some point in the future, we assume no obligation to update or revise any forward-looking statements except to the extent required by applicable law. Although we believe the
expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.
No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. 2
iTeos Made Progress in 2020 Building the Foundation to Support the
Evolution of our Pipeline Growing track record in immuno-oncology drug discovery and development relying on our deep expertise in the biology of the tumor microenvironment Inupadenant (EOS-850),an A receptor antagonist, and EOS-448,
an IgG1 2A antibody directed against TIGIT being developed in multiple indications and combinations. Both programs discovered internally with global rights retained by iTeos Well capitalized with approximately $340MM of cash on the
balance sheet as of September 30, 2020 Have added key personnel to accelerate development activities. Significantly enhanced our research and drug development capabilities, particularly in clinical development, regulatory affairs and CMC in
order to bring the next generation of immunotherapies to patients. 3iTeos Made Progress in 2020 Building the Foundation to Support the Evolution of our Pipeline Growing track record in immuno-oncology drug discovery and development relying
on our deep expertise in the biology of the tumor microenvironment Inupadenant (EOS-850),an A receptor antagonist, and EOS-448, an IgG1 2A antibody directed against TIGIT being developed in multiple indications and combinations. Both
programs discovered internally with global rights retained by iTeos Well capitalized with approximately $340MM of cash on the balance sheet as of September 30, 2020 Have added key personnel to accelerate development activities.
Significantly enhanced our research and drug development capabilities, particularly in clinical development, regulatory affairs and CMC in order to bring the next generation of immunotherapies to patients. 3
Pipeline of Promising Immuno-Oncology Product Candidates Program Trial
Design Indications Preclinical Phase 1 Phase 1b/2a Phase 2/3 Initiation Data Adenosine A Receptor Antagonist 2A Expansion initiated Updated results 2Q Monotherapy Solid Tumors 2Q 2020 2021 Anti-PD-1-Resistant + pembrolizumab Initiated 3Q 2020
Melanoma Inupadenant Safety 2Q 2021 Castrate-Resistant + pembrolizumab Initiated 3Q 2020 Prostate Cancer + paclitaxel- Triple-Negative Initiated 4Q 2020 Safety 4Q 2021 carboplatin Breast Cancer Anti-TIGIT mAb Fc R-Engaging
Presentation of initial Dose Finding, PK/PD Solid Tumors Initiated 1Q 2020 results 2Q 2021 + IMID Multiple Myeloma Initiation mid-2021 Mid 2022 EOS-448 + pembrolizumab Solid Tumors Initiation mid-2021 Mid 2022 + Inupadenant Solid Tumors Initiation
mid-2021 Mid 2022 Preclinical Pipeline Candidate Oncology Adenosine pathway inhibitor selection 2021 4Pipeline of Promising Immuno-Oncology Product Candidates Program Trial Design Indications Preclinical Phase 1 Phase 1b/2a Phase 2/3 Initiation Data
Adenosine A Receptor Antagonist 2A Expansion initiated Updated results 2Q Monotherapy Solid Tumors 2Q 2020 2021 Anti-PD-1-Resistant + pembrolizumab Initiated 3Q 2020 Melanoma Inupadenant Safety 2Q 2021 Castrate-Resistant + pembrolizumab Initiated 3Q
2020 Prostate Cancer + paclitaxel- Triple-Negative Initiated 4Q 2020 Safety 4Q 2021 carboplatin Breast Cancer Anti-TIGIT mAb Fc R-Engaging Presentation of initial Dose Finding, PK/PD Solid Tumors Initiated 1Q 2020 results 2Q 2021 +
IMID Multiple Myeloma Initiation mid-2021 Mid 2022 EOS-448 + pembrolizumab Solid Tumors Initiation mid-2021 Mid 2022 + Inupadenant Solid Tumors Initiation mid-2021 Mid 2022 Preclinical Pipeline Candidate Oncology Adenosine pathway inhibitor
Inupadenant Potentially Best-in-Class Adenosine Receptor Antagonist Phase
1/2 Program with Early Single Agent Activity 5Inupadenant Potentially Best-in-Class Adenosine Receptor Antagonist Phase 1/2 Program with Early Single Agent Activity 5
Inupadenant: Designed to Overcome Immunosuppression in the Tumor
Microenvironment iTeos scientists implemented rational drug design to overcome the shortcomings of other adenosine pathway drugs iTeos A Inupadenant Differentiation Others 2A Maintains potency in high adenosine Limited activity in the high
concentrations found in tumor micro- adenosine concentrations found in 1 environment due to long residence time tumor microenvironment Continuous target coverage due to Limited target coverage in tumor 2 prolonged pharmacodynamics microenvironment
Pan-adenosine receptor Higher selectivity for A 3 2A antagonists 6Inupadenant: Designed to Overcome Immunosuppression in the Tumor Microenvironment iTeos scientists implemented rational drug design to overcome the shortcomings of other adenosine
pathway drugs iTeos A Inupadenant Differentiation Others 2A Maintains potency in high adenosine Limited activity in the high concentrations found in tumor micro- adenosine concentrations found in 1 environment due to long residence time tumor
microenvironment Continuous target coverage due to Limited target coverage in tumor 2 prolonged pharmacodynamics microenvironment Pan-adenosine receptor Higher selectivity for A 3 2A antagonists 6
Inupadenant Monotherapy Demonstrated Preliminary Evidence of Clinical
Benefit in Heavily Pretreated Patients Durable responses and target engagement observed in monotherapy dose escalation Inhibition of A R signaling 2A Test at 24h post-dose at 24h post-dose 40 mg QD 150 40 mg BID 80 mg BID 100 160 mg BID 50 0 + + CD4
CD8 TNF- ENA-78 pCREB assay cytokine assay As of 10 Jun 2020 Full pharmacodynamic effects were observed at 40mg BID and above Notes: 1 Once daily doses 2 Twice daily doses CRC: colorectal cancer; NSCLC: non-small-cell lung carcinoma; TCC:
transitional cell carcinoma; CRPC: castrate resistant prostate cancer; SCPC: small cell prostate cancer; TNBC: triple-negative breast cancer BID: Twice daily dosing 7 % inhibition of A R signaling 2AInupadenant Monotherapy Demonstrated Preliminary
Evidence of Clinical Benefit in Heavily Pretreated Patients Durable responses and target engagement observed in monotherapy dose escalation Inhibition of A R signaling 2A Test at 24h post-dose at 24h post-dose 40 mg QD 150 40 mg BID 80 mg BID 100
160 mg BID 50 0 + + CD4 CD8 TNF- ENA-78 pCREB assay cytokine assay As of 10 Jun 2020 Full pharmacodynamic effects were observed at 40mg BID and above Notes: 1 Once daily doses 2 Twice daily doses CRC: colorectal cancer; NSCLC: non-small-cell
lung carcinoma; TCC: transitional cell carcinoma; CRPC: castrate resistant prostate cancer; SCPC: small cell prostate cancer; TNBC: triple-negative breast cancer BID: Twice daily dosing 7 % inhibition of A R signaling 2A
Inupadenant Treatment Results: Confirmed PRs with Substantial Tumor
Reduction CHECKPOINT INHIBITOR-REFRACTORY METASTATIC MELANOMA: HEAVILY PRE-TREATED mCRPC: 44% tumor reduction 49% tumor reduction Patient reported decreased pain & improved mobility Patient reported decreased bone pain
Single-agent activity observed Single-agent activity observed Prior Treatments: Inupadenant Treatment History: Prior Treatments: Inupadenant Treatment History: Heavily pre-treated with Stable disease at 7 weeks Heavily pre-treated with
5 Stable disease at 8 weeks multiple CPIs 26% tumor reduction previous rounds of therapy PR at 16 weeks 2 previous cycles of Prior treatments include PR at 16 weeks 40% tumor reduction pembro antiandrogen therapy
44% tumor reduction Confirmed PR at 30 weeks 1 previous cycle of ipi and 2 lines of 49% tumor reduction chemotherapy Confirmed PR at 24 weeks Baseline Week 16 Baseline Follow-up 1 Follow-up 2 Follow-up 3 10/25/2019 01/02/2020
02/27/2020 05/25/2020 Target Lesions Posterior R arm Posterior R arm TO1 Lymph node axillary right Lymph node axillary right TO2 Lymph node para-aortic right Lymph node para-aortic Anterior R arm Anterior R arm right TO3 Adrenal gland right Adrenal
gland right 8Inupadenant Treatment Results: Confirmed PRs with Substantial Tumor Reduction CHECKPOINT INHIBITOR-REFRACTORY METASTATIC MELANOMA: HEAVILY PRE-TREATED mCRPC: 44% tumor reduction 49% tumor reduction Patient reported
decreased pain & improved mobility Patient reported decreased bone pain Single-agent activity observed Single-agent activity observed Prior Treatments: Inupadenant Treatment History: Prior Treatments: Inupadenant Treatment
History: Heavily pre-treated with Stable disease at 7 weeks Heavily pre-treated with 5 Stable disease at 8 weeks multiple CPIs 26% tumor reduction previous rounds of therapy PR at 16 weeks 2 previous cycles of Prior treatments
include PR at 16 weeks 40% tumor reduction pembro antiandrogen therapy 44% tumor reduction Confirmed PR at 30 weeks 1 previous cycle of ipi and 2 lines of 49% tumor reduction chemotherapy Confirmed PR at 24 weeks
Baseline Week 16 Baseline Follow-up 1 Follow-up 2 Follow-up 3 10/25/2019 01/02/2020 02/27/2020 05/25/2020 Target Lesions Posterior R arm Posterior R arm TO1 Lymph node axillary right Lymph node axillary right TO2 Lymph node para-aortic right Lymph
node para-aortic Anterior R arm Anterior R arm right TO3 Adrenal gland right Adrenal gland right 8
Inupadenant Phase 1/2 Clinical Plan: Rapidly Expanding in Several Tumor
Types in Multiple Combinations Single Safety and PK/PD Signal-Seeking Agent Expansion Cohorts 2-Stage Expansions Inupadenant Single-agent Generation of additional data to Melanoma, CRPC, analyze the MoA and the specific CRPC (n= up to 27)
Endometrial, NSCLC, (n=24) CRPC population for inupadenant Dose Escalation w/matched tumor biopsies (Completed) Large market potential - Prostate tissue CRPC (n= up to 48) Advanced solid contains a non-canonical source of Inupadenant + Pembro
Last updated: Jan 11, 2021