Welcome to our dedicated page for Apellis Pharmace news (Ticker: APLS), a resource for investors and traders seeking the latest updates and insights on Apellis Pharmace stock.
Apellis Pharmaceuticals, Inc. (APLS) is a leader in developing transformative therapies targeting the complement system, with approved treatments for geographic atrophy and rare blood disorders. This page provides investors and researchers with essential updates on the company’s progress in retinal, hematologic, and renal disease innovation.
Access timely announcements including FDA decisions, clinical trial results, and strategic partnerships that demonstrate Apellis’ commitment to advancing complement immunotherapy. Our curated news collection covers critical developments such as SYFOVRE’s commercial adoption, EMPAVELI’s clinical applications, and research collaborations expanding therapeutic pipelines.
Key updates include regulatory milestones in ophthalmology, hematology treatment expansions, and nephrology research advancements. Bookmark this page to stay informed about Apellis’ pioneering work in C3-targeted therapies and its impact on addressing diseases with limited treatment options.
Apellis Pharmaceuticals (APLS) announced its fourth quarter and full year 2020 financial results, revealing a net income of $78.3 million for Q4, compared to a net loss of $113.2 million in 2019. As of December 31, 2020, cash and investments totaled $877.6 million, supporting operations into late 2022. The FDA has accepted the NDA for pegcetacoplan for PNH with a PDUFA date of May 14, 2021. Positive Phase 3 data for pegcetacoplan indicates significant treatment benefits. Upcoming milestones include Phase 3 results for geographic atrophy expected in Q3 2021.
Apellis Pharmaceuticals (Nasdaq: APLS) announced its participation in three investor conferences in March 2021. The Raymond James 42nd Annual Institutional Investors Conference will feature a fireside chat on March 1 at 9:10 a.m. ET. The Cowen 41st Annual Health Care Conference will include a New Drug Launches panel on March 3 at 10:20 a.m. ET, while the Oppenheimer 31st Annual Healthcare Conference will host another fireside chat on March 17 at 8:40 a.m. ET. Webcasts will be available live and on a 90-day replay via the company’s website.
Apellis Pharmaceuticals (APLS) announced it will hold a conference call on February 25, 2021, at 4:30 p.m. ET to discuss its fourth quarter and full year 2020 financial results. Interested participants can join the call by dialing (866) 774-0323 for domestic access or (602) 563-8683 for international access, using conference ID # 6956712. A webcast of the event will also be accessible via the company’s website, where a replay will be available for 90 days.
Apellis focuses on developing targeted C3 therapies for various diseases.
Apellis Pharmaceuticals (Nasdaq: APLS) announced the approval of equity awards for 14 new employees, effective February 1, 2021, as part of their 2021 Inducement Stock Incentive Plan. This includes options to purchase 56,500 shares and 13,275 restricted stock units (RSUs) at an exercise price of $44.20, reflecting the common stock's closing price on the grant date. The options will vest over four years, while the RSUs will vest similar to the options. This move aims to attract talent critical to the company’s growth in targeted C3 therapies.
On January 26, 2021, Apellis Pharmaceuticals (Nasdaq:APLS) announced the successful completion of privately negotiated exchange transactions involving its 3.500% Convertible Senior Notes due 2026. Holders exchanged approximately $126.1 million of the Notes for 3,906,869 shares of common stock.
The shares issued are not registered under the Securities Act of 1933 and cannot be sold in the U.S. without proper registration or an exemption. Apellis remains focused on developing therapies for diseases linked to the complement cascade.
On January 21, 2021, Apellis Pharmaceuticals (NASDAQ: APLS) announced a virtual investor event titled Pegcetacoplan: Advancing the First Potential Treatment for Geographic Atrophy, scheduled for January 28, 2021. This event will highlight the unmet needs in Geographic Atrophy (GA) and discuss the intravitreal pegcetacoplan program, which is expected to yield Phase 3 GA results in Q3 2021. Renowned retinal specialists will participate, and the live webcast will be available on their website. A replay will be accessible for 90 days post-event.
Apellis Pharmaceuticals (Nasdaq:APLS) announced exchange agreements with holders of its 3.500% Convertible Senior Notes due 2026, totaling approximately $107.5 million. The holders will exchange these Notes for 2,232,808 shares of common stock, equating to 20.7792 shares per $1,000 principal amount of Notes. An additional share amount will be based on a formula involving the stock's average trading price. The transactions are expected to close on January 25, 2021, subject to customary conditions. The shares issued will not be registered under the Securities Act of 1933.
Apellis Pharmaceuticals (Nasdaq: APLS) has announced its participation in the 39th Annual J.P. Morgan Healthcare Conference on January 12, 2021, at 10:50 a.m. ET. The presentation will be delivered by co-founder and CEO Cedric Francois, M.D., Ph.D., and can be accessed live via webcast on the company's website. A replay will be available for 90 days post-event. Apellis focuses on developing targeted therapies that address debilitating diseases linked to complement cascade activation, including hematology and ophthalmology.
Apellis Pharmaceuticals and Sobi announced positive results from the Phase 3 PEGASUS study on pegcetacoplan for paroxysmal nocturnal hemoglobinuria (PNH), showing a mean hemoglobin increase of 2.7 g/dL at Week 48. 73% of pegcetacoplan-treated patients were transfusion-free. The treatment's safety profile was consistent with previous results, with no new safety signals. pegcetacoplan is under review by the FDA and EMA, with a target action date of May 14, 2021 for FDA. This study highlights pegcetacoplan's potential to improve the lives of patients suffering from PNH.
Apellis Pharmaceuticals (Nasdaq: APLS) presented data from the Phase 3 PEGASUS study at the ASH Annual Meeting, highlighting significant improvements in treatment responses and quality of life for pegcetacoplan compared to eculizumab in treating paroxysmal nocturnal hemoglobinuria (PNH). In the analysis, 70.7% of pegcetacoplan-treated patients achieved a good, major, or complete hematologic response, versus just 5.1% for eculizumab. Furthermore, pegcetacoplan showed substantial quality-of-life improvements, achieving near-normal levels in several measures while eculizumab-treated patients did not. Marketing applications are pending with the FDA and EMA.
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