Report Highlights Company’s Mission to Democratize Patient Access to CAR T While Maintaining Focus on Employee Engagement, Sustainability and Corporate Governance
SOUTH SAN FRANCISCO, Calif., March 30, 2023 (GLOBE NEWSWIRE) — Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) products for cancer, today published its 2022 annual ESG report. The report provides an update on the Company’s robust efforts to retain talent, protect the environment, practice good corporate governance and most importantly, increase patient access to potentially life-saving products.
“Last year, we took great pride in being one of the first companies of our size and in our industry to publish an ESG report as we look to make a difference for patients while being good corporate citizens,” said David Chang, M.D., Ph.D., President, Chief Executive Officer and Co-Founder of Allogene. “With our second report, we continue to embrace being the face of change as we have initiated the industry’s first potentially pivotal Phase 2 allogeneic CAR T trial and are the first company to demonstrate proof-of-concept for an AlloCAR T product in multiple diseases, including the potential for an AlloCAR T in the treatment of solid tumors.”
The full ESG report is available on the Culture page and the Investor Relations section of the Company’s website.
Highlights of the ESG report describe Allogene’s commitment to:
About Allogene Therapeutics
Allogene Therapeutics, with headquarters in South San Francisco, is a clinical-stage biotechnology company pioneering the development of allogeneic chimeric antigen receptor T cell (AlloCAR T™) products for cancer. Led by a management team with significant experience in cell therapy, Allogene is developing a pipeline of “off-the-shelf” CAR T cell candidates with the goal of delivering readily available cell therapy on-demand, more reliably, and at greater scale to more patients. For more information, please visit www.allogene.com, and follow @AllogeneTx on Twitter and LinkedIn.
Cautionary Note on Forward-Looking Statements
This press release and the ESG report contain forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The press release and ESG report may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Forward-looking statements include statements regarding intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things: the ability to develop and deliver allogeneic CAR T therapies for cancer and the potential benefits of AlloCAR T therapy, the ability to improve access to CAR T therapy, the ability to create a diverse, equitable and inclusive workplace, the ability to further environmental sustainability, and the ability to effectively oversee and manage ESG matters. Various factors may cause differences between Allogene’s expectations and actual results as discussed in greater detail in Allogene’s filings with the Securities and Exchange Commission (SEC), including without limitation in its Form 10-K for the year ended December 31, 2022. Any forward-looking statements that are made in this press release and ESG report speak only as of the date of this press release and ESG report. Allogene assumes no obligation to update the forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release and ESG report.
AlloCAR T™ is a trademark of Allogene Therapeutics, Inc.
Allogene Media/Investor Contacts:
Christine Cassiano
Chief Communications Officer
(714) 552-0326
Christine.Cassiano@allogene.com
Jessica Bernstein
Senior Manager, Corporate and Internal Communications
Jessica.Bernstein@allogene.com
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