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Biotech Plummets On Worse-Than-Expected Eye Drug Sales

By Investor's Business Daily   |   Nov 5, 2024 at 09:24 AM EST
Biotech Plummets On Worse-Than-Expected Eye Drug Sales

Apellis stock dropped significantly after lower-than-expected sales of its eye drug Syfovre in the third quarter, falling 1.7% sequentially. Despite the revenue miss, volume growth indicates sustained demand for Syfovre.

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