Capital ConstraintsCapital constraints remain the main headwind, and if the FDA requires another randomized Phase 2, there could be pressure on the stock.
Capital RequirementCervomed Inc. will need to raise capital to conduct a Phase 3 program, with a modeled $25 million raise expected on the back of open-label extension data.
Clinical Trial ChallengesIn the randomized Phase 2b trial, the desired plasma drug concentrations were not achieved, and the old capsules acted as a placebo.