Analyst SentimentAnalyst recommendation downgrade to Market Perform reduces sell-side support and may limit buying interest from institutional investors.
Licensing And Contingent LiabilitiesLicensing agreements with future payment commitments for the oral vaccine program create potential financial exposure if the candidate fails to meet development milestones.
Valuation GapDeal price sits below independent net present value estimates for the vaccine franchise, implying shareholders may receive a lower-than-expected premium on the transaction.