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Benzinga
Benzinga
Business
Vandana Singh

This Undervalued Biotech Might Have Just Proven Its Star Drug's Staying Power

GA United States William Blair Apellis APLS Macular Degeneration
Medical Research

On Wednesday, Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) announced data from a post hoc analysis of the GALE extension study following five years of continuous treatment with Syfovre (pegcetacoplan injection) for geographic atrophy (GA) secondary to age-related macular degeneration (AMD).

The results demonstrate that both every-other-month and monthly Syfovre delayed GA lesion growth by approximately 1.5 years in patients with nonsubfoveal GA when compared to sham/projected sham.

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