Apogee Therapeutics announced APEX trial data for APG777 in atopic dermatitis, accepted for presentation at EADV Congress 2025.
Quiver AI Summary
Apogee Therapeutics, Inc. announced that data from its Phase 2 APEX trial of APG777 for moderate-to-severe atopic dermatitis will be presented at the EADV Congress 2025 in Paris. The data, which met primary and secondary endpoints, supports the drug's potential as a best-in-class treatment with extended dosing intervals. The company plans to present a late-breaker oral presentation and several posters on APG777 and its combination with APG990, which targets multiple types of inflammation. CEO Michael Henderson emphasized Apogee's commitment to developing effective treatments for inflammatory and immunology conditions.
Potential Positives
- APG777 received acceptance for a late-breaker oral presentation at the EADV Congress 2025, highlighting its significance within the scientific community.
- The Phase 2 APEX trial data showed that APG777 met its primary and secondary endpoints, reinforcing its potentially best-in-class profile for treating moderate-to-severe atopic dermatitis.
- Apogee plans to present multiple poster sessions focusing on the innovative combination strategies of APG777 and APG990, which could broaden treatment options for patients with inflammatory and immunology conditions.
Potential Negatives
- The press release emphasizes the acceptance of data for a late-breaker oral presentation, which might indicate a need for caution or further validation from the scientific community before broad acceptance of APG777's efficacy can be established.
- The mention of numerous uncertainties regarding future clinical trials and the unpredictable relationship between preclinical and clinical study results could raise concerns among investors regarding the company's potential to deliver on its promises.
- Possible overreliance on forward-looking statements may lead to skepticism, as these statements come with inherent risks that could materially affect actual outcomes.
FAQ
What is APG777 and its significance in atopic dermatitis?
APG777 is a novel biologic showing potential as a best-in-class treatment for moderate-to-severe atopic dermatitis in clinical trials.
When and where will Apogee present APEX trial data?
Apogee will present APEX trial data at the EADV Congress 2025 in Paris from September 17-20, 2025.
Who is presenting the late-breaker oral presentation on APG777?
Emma Guttman-Yassky, M.D., Ph.D., will present the late-breaker oral presentation on APG777 on September 19, 2025.
What other programs will Apogee showcase at the EADV Congress?
Apogee will also showcase data on APG990 and its combination strategies with APG777 in multiple poster presentations.
What are Apogee's future aspirations in the immunology market?
Apogee aims to develop best-in-class biologics for inflammatory and immunology markets, enhancing treatment options for patients.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$APGE Insider Trading Activity
$APGE insiders have traded $APGE stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $APGE stock by insiders over the last 6 months:
- CARL DAMBKOWSKI (Chief Medical Officer) has made 0 purchases and 11 sales selling 24,850 shares for an estimated $999,038.
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$APGE Hedge Fund Activity
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$APGE Analyst Ratings
Wall Street analysts have issued reports on $APGE in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Buy" rating on 08/28/2025
- Guggenheim issued a "Buy" rating on 07/02/2025
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$APGE Price Targets
Multiple analysts have issued price targets for $APGE recently. We have seen 2 analysts offer price targets for $APGE in the last 6 months, with a median target of $101.5.
Here are some recent targets:
- Tim Anderson from B of A Securities set a target price of $87.0 on 08/28/2025
- Seamus Fernandez from Guggenheim set a target price of $116.0 on 07/02/2025
Full Release
SAN FRANCISCO and BOSTON, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Apogee Therapeutics, Inc., (Nasdaq: APGE), a clinical-stage biotechnology company advancing optimized, novel biologics with potential for best-in-class profiles in the largest inflammatory and immunology (I&I) markets, today announced data from the Phase 2 APEX trial of APG777 for moderate-to-severe atopic dermatitis was accepted for a late-breaker oral presentation at the upcoming EADV Congress 2025, to be held in Paris, France from September 17-20, 2025. The Company will also present multiple poster presentations highlighting APG777’s best-in-class potential including data supporting its combination strategy.
“These presentations highlighting our lead program, APG777, and earlier stage programs, underscore our commitment to bringing new treatment options that provide strong efficacy and reduce injection burden for patients living with I&I conditions,” said Michael Henderson, M.D., Chief Executive Officer of Apogee. “In July, we announced 16-week topline data from the APEX clinical trial, in which APG777 met the primary and secondary endpoints, reinforcing its potentially best-in-class profile for moderate-to-severe atopic dermatitis as the only biologic being tested out to every 3- and 6-month dosing in maintenance. Additionally, previously reported healthy volunteer data of APG990 demonstrated an extended PK and positive tolerability profile, supporting our combination approach for this program with APG279, a coformulation of APG777 and APG990 that has the potential to inhibit Type 1, Type 2 and Type 3 inflammation, broadening the reach of patients we can potentially treat. We look forward to presenting these findings to the scientific community at EADV this year.”
EADV Congress 2025 Presentation Details:
Late-Breaker Oral Presentation:
Title:
APG777, a Novel, Half-Life Extended Anti-IL-13 Antibody, Demonstrates Safety and Efficacy in Moderate-to-Severe Atopic Dermatitis: 16-Week Results from the Phase 2 APEX Study (D3T01.4A)
Presenter:
Emma Guttman-Yassky, M.D., Ph.D., Waldman Professor of Dermatology and Immunology and Health System Chair of the Kimberly and Eric J. Waldman Department of Dermatology at the Icahn School of Medicine at Mount Sinai in New York City
Date/Time
: Friday, September 19, 4:00pm CEST / 10:00am EST
Room
: Paris Nord
Poster Presentations:
Title
: APEX: An integrated phase 2 program evaluating APG777, a half-life extended anti-IL-13 monoclonal antibody, in atopic dermatitis (P0535)
Presenter
: Jonathan I. Silverberg, M.D., Ph.D., MPH, Professor of Dermatology at The George Washington University School of Medicine and Health Sciences
Location
: Poster Area; Biologics, immunotherapy, targeted therapy
Date
: Wednesday, September 17, 7:00am CEST / 1:00am EST
Title
: APG990, a monoclonal antibody targeting OX40L, demonstrates safety and an extended half-life in healthy subjects (P3237)
Presenter
: Carl Dambkowski, M.D., Chief Medical Officer, Apogee Therapeutics
Location
: Poster Area; Biologics, immunotherapy, targeted therapy
Date
: Wednesday, September 17, 7:00am CEST / 1:00am EST
Title:
The Combination of APG777 (anti-IL-13) and APG990 (anti-OX40L) Provides Broad Suppression of Inflammatory Cytokines (P0536)
Presenter:
Grant Wickman, Ph.D., Executive Director, Apogee Therapeutics
Location
: Poster Area; Biologics, immunotherapy, targeted therapy
Date
: Wednesday, September 17, 7:00am CEST / 1:00am EST
About Apogee
Apogee Therapeutics is a clinical-stage biotechnology company advancing optimized, novel biologics with potential for best-in-class profiles in the largest I&I markets, including for the treatment of Atopic Dermatitis (AD), asthma, Eosinophilic Esophagitis (EoE), Chronic Obstructive Pulmonary Disease (COPD), and other I&I indications. Apogee’s antibody programs are designed to overcome limitations of existing therapies by targeting well-established mechanisms of action and incorporating advanced antibody engineering to optimize half-life and other properties. APG777, the company’s most advanced program, is being initially developed for the treatment of AD, which is the largest and one of the least penetrated I&I markets. With four validated targets in its portfolio, Apogee is seeking to achieve best-in-class profiles through monotherapies and combinations of its novel antibodies. Based on a broad pipeline and depth of expertise, the company believes it can deliver value and meaningful benefit to patients underserved by today’s standard of care. For more information, please visit
https://apogeetherapeutics.com
.
Forward Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the federal securities laws, including, but not limited to, statements regarding: Apogee’s plans for its current and future product candidates and programs; its planned clinical trial designs; its plans for current and future clinical trials; and the potential clinical benefit and half-life, PK profile and dosing regimen, and treatment outcomes of APG777, APG279, and APG990. Words such as “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “design,” “estimate,” “predict,” “potential,” “develop,” “plan” or the negative of these terms, and similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Apogee believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to the company on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties (including, without limitation, those set forth in Apogee’s filings with the U.S. Securities and Exchange Commission (the SEC)), many of which are beyond the company’s control and subject to change. Actual results could be materially different. Risks and uncertainties include: global macroeconomic conditions and related volatility, expectations regarding the initiation, progress, and expected results of Apogee’s preclinical studies, clinical trials and research and development programs; expectations regarding the timing, completion and outcome of Apogee’s clinical trials; the unpredictable relationship between preclinical study results and clinical study results; the timing or likelihood of regulatory filings and approvals; liquidity and capital resources; and other risks and uncertainties identified in Apogee’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 3, 2025, Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025, filed with the SEC on August 11, 2025 and subsequent disclosure documents Apogee may file with the SEC. Apogee claims the protection of the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. Apogee expressly disclaims any obligation to update or alter any statements whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact:
Noel Kurdi
VP, Investor Relations
Apogee Therapeutics, Inc.
[email protected]
Media Contact:
Dan Budwick
1AB Media
[email protected]