financetom
Business
financetom
/
Business
/
Apellis Pharmaceuticals' Geographic Atrophy Treatment Gets Approval From Australian Therapeutic Goods Administration
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apellis Pharmaceuticals' Geographic Atrophy Treatment Gets Approval From Australian Therapeutic Goods Administration
Jan 27, 2025 2:57 PM

05:44 PM EST, 01/27/2025 (MT Newswires) -- Apellis Pharmaceuticals ( APLS ) said Monday that Australia's Therapeutic Goods Administration approved Syfovre for the every-other-month treatment of geographic atrophy in adults with age-related macular degeneration resulting in vision loss.

The decision was supported by 24-month data from phase 3 studies, which showed that both monthly and every-other-month use of the treatment reduced GA progression and was generally well tolerated, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ironwood Pharmaceuticals to Slash Half of Workforce, Drop Phase 2 Testing of Drug; Issues 2025 Outlook
Ironwood Pharmaceuticals to Slash Half of Workforce, Drop Phase 2 Testing of Drug; Issues 2025 Outlook
Jan 30, 2025
04:30 AM EST, 01/30/2025 (MT Newswires) -- Ironwood Pharmaceuticals ( IRWD ) said late Wednesday it is reducing its workforce by about 50% because of ongoing pricing pressures. The company said the reduction will be primarily driven by the elimination of Ironwood's field force, with expected restructuring charges of about $20 million to $25 million to be incurred mainly in...
Shell Launches $3.5 Billion Stock Repurchase Plan
Shell Launches $3.5 Billion Stock Repurchase Plan
Jan 30, 2025
04:38 AM EST, 01/30/2025 (MT Newswires) -- Shell (SHEL) said Thursday it has launched a $3.5 billion stock buyback plan for a total contract term of about three months to reduce the issued share capital of the company. Shell intends to complete the program before its Q1 results, scheduled for May 2, it added. The oil giant said it has...
Molson Coors Beverage Acquires 8.5% Stake in Fevertree
Molson Coors Beverage Acquires 8.5% Stake in Fevertree
Jan 30, 2025
04:33 AM EST, 01/30/2025 (MT Newswires) -- Molson Coors Beverage ( TAP/A ) said Thursday it is partnering with UK-based Fevertree Drinks to expand its non-alcoholic beverages and mixers portfolio in the US. Under the terms of the partnership, Molson Coors ( TAP/A ) said it has agreed to acquire an 8.5% stake in Fevertree Drinks, making it the company's...
Seven & i founding family seeks investment from Thailand's Charoen Pokphand in MBO, NHK says
Seven & i founding family seeks investment from Thailand's Charoen Pokphand in MBO, NHK says
Jan 30, 2025
TOKYO (Reuters) - The founding family of Seven & i is asking Thailand's Charoen Pokphand (CP) Group to invest in a managed buyout of the Japanese retailing giant, NHK reported on Thursday. The founding family is in talks to take Seven & i private through a management buyout to fend off a $47 billion takeover from Canada's Alimentation Couche-Tard. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved