Acepodia Announces FDA Clearance of IND Application for ACE1831, an Anti-CD20 Armed Allogeneic gamma delta T-cell Therapy Candidate to Treat Patients with non-Hodgkin's Lymphoma

ACE1831 is a potential antibody‑armed allogeneic gamma delta T cell therapy developed using Acepodia's unique antibody-cell conjugation (ACC) technology as an optimized T cell engager platform to treat patients with non-Hodgkin's lymphoma

ALAMEDA,Calif. and TAIPEI,Taiwan,June 20,2022 -- Acepodia,a clinical-stage biotechnology company developing first-in-class cell therapies with its unique Antibody-Cell Conjugation (ACC) platform technology to address gaps in cancer care,today announced that it has received clearance of its Investigational New Drug (IND) application from the US Food and Drug Administration (FDA) to initiate a Phase 1,first-in-human,multi-center clinical study of its ACE1831 in patients with non-Hodgkin's lymphoma.

"The FDA clearance of our IND application for ACE1831 is a significant milestone for Acepodia as we move into the clinic with a first antibody armed allogeneic gamma delta T cell product candidate through our unique ACC platform. Based on ACE1831's encouraging preclinical data,we believe that our antibody ­armed gamma delta T cell therapy has the potential to provide additional treatment options for patients with NHL," said Sonny Hsiao,Ph.D.,chief executive officer of Acepodia. "The ACC approach allows us to circumvent the limitations of current T cell engager therapies. Meanwhile,we can also significantly reduce manufacturing costs and has the potential to generate a cost-effective cancer treatment for patients. We look forward to advancing ACE1831 into its first clinical trial," said the chief executive officer.

About Gamma-Delta (γδ) T Cells

Acepodia's gamma delta T cell program harnesses the unique properties of gamma delta T cells to develop a new class of allogeneic cell therapies for the treatment of cancer. Gamma delta T cells have characteristics of both the innate and adaptive immune systems that make them an ideal chassis for the development of cell therapies. This cell type can recognize and attack cancerous cells as well as coordinate a broad antitumor immune response by recruiting other immune factors and cells to the site of disease. Gamma delta T cells have also been shown to preferentially traffic to distinct tissues and could be ideally suited for more targeted treatment of certain types of cancers.

About Acepodia

Acepodia is a clinical-stage biotechnology company developingfirst-in-class cell therapies with its unique Antibody-Cell Conjugation (ACC) platform technology to address gaps in cancer care. Leveraging its ACC technology,the company links tumor-targeting antibodies to its proprietary immune cells,such as gamma deltaT cells to create novel antibody cell effector (ACE) therapies,which have increased binding strength against tumors that express low levels of tumor antigens.

Acepodia is made up of seasoned leadership and scientific experts dedicated to advancing its robust pipeline of ACE therapies with the potential to bring innovative,effective and affordable cell therapies to a broad population of patients across a variety of solid tumors and hematologic cancers. For more information,visithttps://www.acepodia.comand follow Acepodia onTwitterandLinkedIn.

About non-Hodgkin's lymphoma

NHL is the most common cancer of the lymphatic system that develops in white blood cells called lymphocytes. Because lymph tissue is found all through the body,lymphoma can begin almost anywhere. The most common type of NHL in adults is diffuse large B-cell lymphoma,which is usually aggressive,accounting for about 30% of NHL diagnoses. Most types of NHL are incurable with available therapies,and more than 500,000 new cases of NHL are diagnosed each year worldwide.

Investor Contact

Acepodia

ir@acepodiabio.com

Media Contact

pr@acepodiabio.com

Gina Lee

Director of Communications and Public Affairs

T. +886-2-2697-6100 ext.131

M. +886-919-259-599

E. gina@acepodiabio.com

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