
Apellis finds that one of its twins is evil
A hit and a miss with pegcetacoplan in late-stage trials leaves Apellis with shrinking prospects.

Spac listings slow as the hunt for deals continues
Spacs still have their supporters, but SEC scrutiny and mixed post-deal performance mean that the story is losing its lustre.

No land grab for Gemini in geographic atrophy
Pivotal development of GEM103 is set to proceed, but the phase 2 result is a cautionary tale – not only for Gemini.

Second-quarter catalysts for the smaller players
Key catalysts approach for Orphazyme, Gemini and Immutep.

The reckoning begins for biotech-focused Spacs
The clock is ticking for the flood of blank-cheque companies that raised money last year, and competition is only getting hotter.