Inotiv, Inc. (NOTV) has disclosed a new risk, in the Taxation & Government Incentives category.
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Inotiv, Inc. faces potential business risks due to disruptions at the U.S. Food and Drug Administration (FDA) and other government agencies, which could be caused by funding shortages or global health concerns. These disruptions may hinder the FDA’s ability to review and authorize new or modified products, impacting Inotiv’s operations. Fluctuations in government funding, statutory changes, and the FDA’s staffing challenges could further delay product approvals. Past government shutdowns and the COVID-19 pandemic have already demonstrated the potential for significant delays, posing a threat to Inotiv’s business continuity.
The average NOTV stock price target is $3.00, implying 271.43% upside potential.
To learn more about Inotiv, Inc.’s risk factors, click here.