Apellis Awaits A European Rejection

 
• By Elizabeth Cairns
  
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If the CHMP recommends against Syfovre Apellis intends to appeal, but the chances are this will be in vain.  

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Apellis Pharmaceuticals, Inc. has admitted that Syfovre was unlikely to get past EU regulators and onto the market. Analysts had predicted that Europe would account for 40% of peak worldwide sales of the geographic atrophy therapy; with these now out of reach, ramping up sales in the US becomes vital.

Key Takeaways

  • The geographic atrophy therapy Syfovre is likely to get a negative vote from the CHMP, Apellis believes

The company said it expects the Committee for Medicinal Products for Human Use (CHMP) to give a negative opinion on...

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