Positives: Acquiring ex‑North American rights to trofinetide in 2023 consolidated global economics; the company monetized the DAYBUE PRV for 150 million dollars; and it continues to invest behind two commercial franchises while advancing remlifanserin.
Negatives: Stock‑based compensation is meaningful and share count has increased, and the company incurred higher SG&A to scale commercial teams. Overall discipline is reasonable for a mid‑cap biotech, but dilution and spend creep merit monitoring.







