On a roll, Apellis adds positive PhII C3 data for AMD drug, preps for PhIII
Just days after grabbing a $60 million round to fund a Phase III program for a rival therapy to Alexion’s Soliris, Louisville, KY-based Apellis is back with a positive readout on its mid-stage trial for age-related macular degeneration.
The biotech has been focused on what it believes is a better way of shutting down several disease pathways using a complement C3 inhibitor. In the AMD study, which recruited 246 AMD patents with geographic atrophy at 40 clinical sites, Apellis’ drug APL-2 — delivered monthly — produced a 29% average reduction in the rate of geographic atrophy lesion growth over 12 months.
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