Apogee Therapeutics: Infrequent Dosing Advantage In Biotech Play

Summary

• Apogee Therapeutics stock has declined by 34% since a previous recommendation to buy, while the S&P 500 is up 7.7%.
• Apogee Therapeutics raised $420 million at $62/share, expanding their financial runway while advancing APG777 into Phase 2 trials.
• APG777, targeting atopic dermatitis and asthma, shows promise with less frequent dosing, aiming to compete with Sanofi's Dupixent.
• I recommend buying APGE stock, focusing on a barbell strategy to manage risks and capitalize on potential high returns.

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Apogee Therapeutics: Analyzing the Recent Decline Amidst Innovations

Apogee Therapeutics, Inc. (NASDAQ:APGE) stock has taken a breather since my last check in March. APG777, their Phase 1 SQ monoclonal antibody targeting

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