Financing NeedsThe need for financing remains a key consideration.
Price Target ReductionReducing the 12-month price target to $10 from $12 reflects a lengthier time to potential approval of buntanetap.
Risk FactorsRisks include failure to initiate trials in a timely manner, negative clinical data for buntanetap, inability to establish partnerships to commercialize buntanetap, failure to secure approval, slower-than-anticipated market uptake, and possible medium-term dilution risk.