Clinical Trial RisksRisks include potential failure of DURAVYU in clinical trials, failure to obtain regulatory approval, and failure to achieve commercial success.
Financial PerformanceNet loss was $45.2M, moderately higher than the estimated loss of $42.9M.
Market CompetitionDespite the market entry of Eylea biosimilar, Pabvlu (AMGN, Not rated), management expects minimal impact on Duravyu due to its different MOA and durability, which will favor payor negotiations.