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Apogee Therapeutics Soars 46.61% on Positive Trial Data
Generated by AI AgentAinvest Pre-Market Radar
Monday, Jul 7, 2025 6:19 am ET1min read
Apogee Therapeutics' stock surged by 46.61% in pre-market trading on July 7, 2025, driven by the release of significant clinical trial data.
Apogee Therapeutics is set to report Part A 16-week data from its Phase 2 APEX trial of APG777, a drug aimed at treating moderate-to-severe atopic dermatitis. The trial is a randomized, placebo-controlled study evaluating the efficacy of APG777 in patients with the condition. The company will host a conference call and webcast to discuss the results, highlighting its commitment to developing innovative treatments for inflammatory and immunology diseases.
The positive data from the Phase 2 APEX trial indicates progress in Apogee Therapeutics' lead program, APG777, which targets well-established mechanisms of action and utilizes advanced antibody engineering. The company's diverse pipeline, which includes treatments for conditions such as asthma, eosinophilic esophagitis, and chronic obstructive pulmonary disease, positions it for potential best-in-class therapies. This innovation and growth prospects in the biotechnology sector have contributed to the stock's significant pre-market rise.
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