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Apellis to Acquire Potentia

Gains rights to promising ophthalmology compound

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By: Kristin Brooks

Managing Editor, Contract Pharma

Apellis Pharmaceuticals has entered into an agreement to acquire Potentia Pharmaceuticals, obtaining the rights to develop its complement inhibitor drug compound APL-2 in ophthalmology. Financial terms were not disclosed.   Complement inhibition is a mechanism shown to reduce the growth of dry AMD. Potentia was the first company to develop a complement inhibitor for the treatment of AMD. APL-2 is in late preclinical development in ophthalmology and is expected to enter Phase II trials in patient...

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