Clinical Trial ProgressPivotal trial initiation in 2026 is achievable, with data readout visibility within 12 months, supported by rapid enrollment and strong early efficacy.
FDA Approval ProcessThe FDA's formal alignment makes LX2006 increasingly approvable, lifting the price target to $15 from $9 due to risk-mitigated timelines.
Financial StabilityThe secondary offering and concurrent private placement have meaningfully extended the company's financial runway by raising around $135 million.