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Apellis Pharmaceuticals (APLS) investor relations material

Apellis Pharmaceuticals Baird Global Healthcare Conference 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Baird Global Healthcare Conference 2025 summary9 Sep, 2025

Company overview and recent achievements

  • Focus on complement pathways, especially C3, with three approved products targeting rare diseases and geographic atrophy.

  • EMPAVELI approved for PNH (2021), geographic atrophy (2023), and recently for C3 glomerulopathy and ICMPGN.

  • Phase 3 trials ongoing for additional kidney indications: focal segmental glomerulosclerosis (FSGS) and delayed graft function (DGF).

  • Advancing preclinical pipeline, including a gene editing program targeting the neonatal FC gamma receptor.

EMPAVELI launch and market positioning

  • Valiant trial showed strong efficacy across all patient groups, including adults, pediatrics, pre- and post-transplant.

  • EMPAVELI offers best-in-class potential with broad label and practical subcutaneous administration via Enable injector.

  • Early launch progressing as expected, with patient starts and payer interactions on track; bolus of early access and extension study patients expected to transition to commercial product.

  • Targeting broad C3G and ICMPGN populations, aiming to reduce reliance on immunosuppressants and improve quality of life.

  • Additional data from extension studies will inform long-term efficacy and safety.

Pipeline expansion and clinical development

  • FSGS and DGF selected for phase 3 trials due to strong target engagement and unmet need; both trials to start before year-end.

  • DGF affects 7,000–10,000 patients annually in the U.S., with treatment planned for three months.

  • FSGS is a continuous therapy, with trial design details pending regulatory developments.

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Q3 20254 Nov, 2025
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Frequently asked questions

Apellis Pharmaceuticals Inc. is a biopharmaceutical company focused on developing therapies for autoimmune and rare diseases. The company’s research is centered around complement inhibition, targeting the C3 protein in the complement system, which plays a key role in immune response. Apellis’ lead products and drug candidates aim to treat conditions such as geographic atrophy (a form of age-related macular degeneration) and paroxysmal nocturnal hemoglobinuria (PNH), among other serious diseases. The company is headquartered in Waltham, Massachusetts, and its shares are listed on the NASDAQ.

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