Analyst Valuation UpsideAnalyst commentary points to a valuation disconnect versus the probability-adjusted value of telitacicept, indicating potential upside if late-stage data from China are recognized and global studies advance.
Capital And Development FundingThe company has secured funding to initiate a global Phase 3 study in Sjögren's disease, enabling progression of the program without an immediate funding gap.
Clinical ValidationTelitacicept is supported by existing approval and late-stage clinical data in China, which reduces program risk for its global development in autoimmune indications.