Apellis Pharmaceuticals, Inc. (APLS) Misses Q3 EPS by 31c

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Apellis Pharmaceuticals Reports Third Quarter 2022 Financial Results

November 7, 2022 4:05 PM EST

Plans to submit 24-month Phase 3 data to the FDA for intravitreal pegcetacoplan for geographic atrophy (GA); expected PDUFA target action date in February 2023EU marketing authorization application submission on track for December 2022Reported 24-month data with pegcetacoplan in GA showing increased effects over time and continued favorable safety profileAchieved $17.7 million in Q3 2022 EMPAVELI® (pegcetacoplan) U.S. net product revenuesCash and investments of $708.6 million as of Sept. 30, 2022; expected cash runway into Q1 2024Conference call scheduled today at 4:30 p.m. ET

WALTHAM, Mass., Nov. 07, 2022 (GLOBE NEWSWIRE) --... More