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Apollomics reversed shutdown plans, securing $4.1M, appointing new leadership, and continuing its Phase 2 trial for cancer drug APL-101.
Apollomics, Inc. has reversed its plan to halt operations, securing $4.1 million in private investment on September 3, 2025, and appointing new leadership, including CEO Howard Chen.
The company will continue its global Phase 2 SPARTA trial of APL-101 (vebreltinib) for lung and brain cancers, with all clinical contracts active and paid.
Apollomics plans to grow to 15 employees by October 31, shifting staff from China to the U.S. and Taiwan, and aims to pursue regulatory submissions in Southeast Asia, the Middle East, and other markets using existing approvals in China.
A 12-month business plan supports ongoing development.
Apollomics revirtió los planes de cierre, asegurando $4.1M, nombrando un nuevo liderazgo, y continuando su prueba de Fase 2 para el medicamento contra el cáncer APL-101.