Clinical TrialsRisks to the investment thesis and target price include clinical trial failures of planned and ongoing studies.
Financial PerformanceEnanta reported fiscal 4Q/FY24 financials with total royalty revenues of approximately $14.6 million for Mavyret in HCV, which were about 25% below the estimate and approximately 19% below FactSet consensus.
Regulatory ApprovalFailure to secure regulatory approval of EDP-938, EDP-323, or EDP-514 could impact the company negatively.