Competitive Pressure On AdoptionCompetition from other antibodies and cell therapies, plus a competing EGFR agent that can be used as a single‑agent in first‑line settings, could limit uptake of the company's targeted treatments.
Early‑stage Development RiskSeveral T‑cell engager programs remain in early clinical stages, requiring dose optimization and successful pivotal trials before translating early signals into broad commercial opportunity.
Investor Sentiment And Operational RisksShares trading below the price of a recent equity offering, together with investor impatience, risks of slow trial enrollment, trial delays, and potential future dilution, increase downside volatility for the stock.