OncoMed Pharmaceuticals, Inc., a clinical-stage company developing novel 
      therapeutics that target cancer, today announced the online publication 
      in Clinical Cancer Research of preclinical data demonstrating the 
      potent anti-cancer activity of anti-DLL4 (demcizumab) in patient-derived 
      pancreatic tumor models. Demcizumab, the company's first Notch pathway 
      product candidate, is currently in Phase 1b clinical testing. The paper 
      entitled "Anti-DLL4 Has Broad Spectrum Activity in Pancreatic Cancer 
      Dependent on Targeting DLL4-Notch Signaling in Both Tumor and 
      Vasculature Cells" was published online September 5, 2012.
   
"Our data suggests that inhibiting the Notch pathway with anti-DLL4 has 
      the potential to improve treatment of pancreatic cancer," said Tim Hoey, 
      Ph.D., Senior Vice President, Cancer Biology at OncoMed Pharmaceuticals 
      and a co-author of the paper. "Anti-DLL4 has demonstrated preclinical 
      activity in a panel of patient-derived pancreatic tumors and inhibits 
      tumor growth through multiple mechanisms including the ability to reduce 
      cancer stem cell frequency. We think that this effect on cancer stem 
      cells is an important attribute of demcizumab and could be very 
      beneficial in the treatment of pancreatic cancer, an indication where it 
      has been very difficult to develop effective new therapies."
    
    
      "Demcizumab is our most advanced clinical molecule," said Paul Hastings, 
      OncoMed's President and Chief Executive Officer. "We have learned a 
      great deal from our preclinical and more recent, clinical development 
      experience with demcizumab. We look forward to opportunities to present 
      our findings to the clinical community on this molecule as well as the 
      other potential first-in-class therapeutics in our pipeline that target 
      key cancer stem cell pathways."