Competitive AdvantageJANX007 showed high PSA50 rates with no G3+ CRS, suggesting it could be a best-in-class PSMA agent and a leading therapy for late-stage mCRPC.
Drug Efficacy And SafetyJANX007 is expected to have a better drug profile with higher efficacy, better safety, and not limited by dose-limiting toxicities, translating to longer durability.
Financial PerformanceThe price target is raised from $62 to $82 based on the conviction of positive data in the upcoming 007 readout and updated model assumptions.