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Apellis Highlights Commercial Execution and Strategic Priorities at the 44th Annual J.P. Morgan Healthcare Conference

Apellis Pharmaceuticals, Inc. (APLS) | January 12, 2026

By Julia Hall

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Apellis Pharmaceuticals announced preliminary U.S. net product revenues for full-year 2025 reached $689 million.

SYFOVRE demand grew by 17% with plans for a prefilled syringe submission.

EMPAVELI continues to penetrate the market with pivotal trials initiated in additional nephrology indications.

SYFOVRE Market Leadership

SYFOVRE maintained a 60% market share in geographic atrophy with consistent quarter-over-quarter injections.

Financial Strength

Preliminary year-end cash and cash equivalents are approximately $466 million, expected to fund operations to profitability.

Pipeline Progress

Pivotal trials initiated for EMPAVELI in new nephrology indications, supporting expansion and growth.

  • SYFOVRE experienced strong patient demand with 17% growth in total injections year-over-year.
  • EMPAVELI achieved over 5% market penetration in C3G and primary IC-MPGN.
  • Development of OCT-F imaging tool and ongoing Phase 2 study of SYFOVRE + APL-3007 for comprehensive complement activity blocking.

Apellis Pharmaceuticals showcases robust commercial growth and strategic focus in advancing treatments for rare diseases, setting a solid foundation for sustainable value creation.