Clinical Trial RisksThe potential for the PH-762 Phase 1b study to generate data flow that could be positive catalysts through 2025 is underappreciated.
Funding ConcernsFactors that could impede reaching the price target include failed or inconclusive clinical trials and the inability to secure adequate funding.
Market CompetitionAlthough the skin cancer therapy market is becoming increasingly crowded, a high unmet need persists due to the tumor's high incidence, less than optimal efficacy of available treatment options, and drug resistance to systemic therapies.