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Apellis Awaits A European Rejection

 
• By Elizabeth Cairns

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

close up of an eye

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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