earnings
confidence high
sentiment positive
materiality 0.70
Apogee reports positive APG777 Phase 2 data and Q2 net loss of $66.1M
Apogee Therapeutics, Inc.
2025-Q2 EPS reported
-$2.08
- APG777 APEX Part A met primary endpoint: 71.0% EASI reduction vs 33.8% placebo (p<0.001).
- Cash, cash equivalents and marketable securities at $621.2M as of June 30, 2025; runway into Q1 2028.
- Net loss of $66.1M for Q2 2025, up from $33.8M in Q2 2024, driven by higher R&D expenses.
- Phase 2 Part B readout accelerated to mid-2026; Phase 3 plans on track for 2026.
- First patient dosed in Phase 1b combination trial of APG279 vs DUPIXENT in atopic dermatitis.
item 2.02item 9.01