Centessa Pharmaceuticals Plc (CNTA) has disclosed a new risk, in the Regulation category.
Centessa Pharmaceuticals Plc faces considerable uncertainty in the development process of its drug candidates, such as SerpinPC for hemophilia B. Despite receiving Fast Track designation from the FDA, which aims to expedite the review of drugs targeting unmet medical needs, there is no guarantee that this will lead to a quicker approval process or eventual marketing authorization. The FDA retains the right to rescind the Fast Track status if the evolving clinical data fails to support the initial promise, highlighting a significant business risk for Centessa as it navigates the complex regulatory landscape.
The average CNTA stock price target is $15.00, implying 65.93% upside potential.
To learn more about Centessa Pharmaceuticals Plc’s risk factors, click here.
