Clinical RiskEarly-stage ABS-201 trials are primarily designed to assess safety, leaving efficacy unproven and exposing the program to conservative probability of success cited by analysts.
Pipeline ExecutionDecision not to advance ABS-101 internally past Phase 1 due to limited pharmacokinetic improvement highlights constraints in internal pipeline depth and increases reliance on partnerships to develop certain assets.
Regulatory And Macro RiskAnalyst warns that regulatory uncertainty and broader macroeconomic pressures could weigh on biotech valuations and reduce deal activity, limiting near-term upside for the stock.