Clinical Strategy ConcernsThe expanded dataset raises questions about clinical execution, indication prioritization, and dosing strategy, particularly regarding how quickly the dose will approach the biologically active window.
Investment RisksSutro’s pipeline is still early, and the company is seen as a longer term opportunity for investors who are comfortable underwriting preclinical and early clinical risk.
Pipeline ChallengesThe decision to discontinue luvelta in PROC earlier this year impacts the company's pipeline.