Apel­lis trims staff, shrinks R&D plans to save mon­ey in face of loom­ing com­pe­ti­tion in oph­thal­mol­o­gy

Apel­lis Phar­ma­ceu­ti­cals is in cash-sav­ing mode as it looks to ward off a new­ly-mint­ed com­peti­tor in treat­ing a lead­ing cause of blind­ness.

The drug­mak­er …

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