Clinical Efficacy ConcernsMost patients exhibited stable or progressive disease, and the level of efficacy is somewhat modest.
Market SentimentGiven negative Street sentiment for disappointing updates, CCCC shares could trade down to ~$4–5 in a Bear Case scenario (no efficacy or a poor safety profile).
Partnership UncertaintyCCCC has expressed its intent to partner the cemsidomide program, but a partnership has not yet been announced.