Intellectual Property ConcernsDespite positive expectations for povorcitinib sales, there is concern over the near-term Jakafi intellectual property expiration, requiring more pipeline successes for improvement.
Pipeline ChallengesRecent discontinuations and missteps give pause despite some bright spots in Incyte's pipeline.
Revenue And Growth IssuesOpzelura revenue will be challenged by lower tube usage, and assets like povorcitinib and axatilimab show promise but will not address the Jakafi LOE.