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Apollomics Inc (OQ:APLM)

Business Focus: Bio Therapeutic Drugs

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 989 East Hillsdale Blvd, Ste 220
FOSTER CITY CA 94404
Tel: N/A
Website: https://www.apollomicsinc.com
IR: See website
Key People
N/A    
Business Overview
Apollomics Inc. is a clinical-stage biopharmaceutical company focused on the discovery and development of oncology therapies. The Company uses both targeted, immuno-oncology, and other approaches to address a range of cancer indications, such as acute myeloid leukemia, lung cancer, brain cancer, and other solid tumors. The product candidates in its pipeline are categorized into three groups based on their mechanisms of action, each of which contains product candidates at different stages of development: tumour inhibitors, anti-cancer enhancers, and immuno-oncology drugs. Its advanced product candidate is vebreltinib (APL-101), a potent, oral active, highly selective c-Met inhibitor. Its anti-cancer enhancer product candidates include uproleselan (APL-106) and are antagonists of a cell adhesion receptor called E-selectin. Its immuno-oncology product candidates consist of APL-501, APL-502, APL-801 and APL-810. Its other product candidates include APL-122, APL-102, and APL-108.
Financial Overview
For the six months ended 30 June 2023, Apollomics Inc revenues was not reported. Net loss increased from $3.4M to $150.7M. Higher net loss reflects Fair Value Adjustments on Other Assets increase from $23.7M (income) to $76.4M (expense), Other expense increase from $4M to $47.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.04 to -$1.68.