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Applied Therapeutics Faces Leadership Changes and Regulatory Hurdles
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Applied Therapeutics Faces Leadership Changes and Regulatory Hurdles

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The latest announcement is out from Applied Therapeutics ( (APLT) ).

Applied Therapeutics, Inc. has appointed John H. Johnson as Executive Chairman and Les Funtleyder as interim CEO, following the resignation of Dr. Shoshana Shendelman. The company is navigating regulatory challenges, having received a Complete Response Letter from the FDA and withdrawing a European MAA for govorestat, while planning to submit a new NDA for Sorbitol Dehydrogenase deficiency after Q1 2025.

More about Applied Therapeutics

Applied Therapeutics, Inc. operates in the pharmaceutical and biotechnology industry, focusing on the development and commercialization of drug therapies. The company is currently involved in programs addressing conditions such as Sorbitol Dehydrogenase deficiency and Classic Galactosemia.

YTD Price Performance: -69.55%

Average Trading Volume: 4,940,551

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $118.7M

For a thorough assessment of APLT stock, go to TipRanks’ Stock Analysis page.

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