Immune‑targeted Program AdvancementAn immune‑targeted degrader program demonstrated strong reductions in disease‑related antibodies and is being advanced into expanded trials with plans toward a pivotal study, offering a potential new value driver.
Phase 3 Epilepsy ReadoutPhase 3 readout for BHV-7000 in focal onset seizures could validate the drug's efficacy and serve as a major catalyst to re-rate the stock if it shows meaningful seizure reduction.
Pipeline Prioritization And Cost OptimizationPortfolio restructuring to concentrate resources on a smaller number of late‑stage programs in immunology, obesity, and epilepsy increases focus on higher‑value assets and preserves cash for the most promising opportunities.