Clinical Development And Regulatory ChallengesKey risks include clinical development since none of Biohaven's assets are approved and commercial success is uncertain due to potential lack of differentiation.
Financial Performance And FundingBiohaven does not generate revenue and will likely need additional financing to fund key programs.
Regulatory Risks And Historical SetbacksTroriluzole has a checkered history as the drug previously failed in a Ph2/3 SCA study in 2017, failed in a Ph3 trial in generalized anxiety disorder (GAD), failed in a Ph2/3 study in obsessive compulsive disorder (OCD), and failed in a Phase 2/3 study in Alzheimer's disease.