1nvestorGadget
$XFOR I posted a big piece on this before. This company today is fundamentally different vs. pre-2025 - and that starts with leadership.
Paula Ragan (CEO) and Adam Mostafa (CFO)
“Stepped down”, and the company has since shifted direction with a team that brings prior $CTIC experience. I discuss the successes of this new team in a post on my X account.
That change is central to the thesis.
Latest guidance reinforces the setup:
• Cash runway through 2028 (no near-term dilution pressure)
• Phase 3 (4WARD) enrollment on track for Q3
2026
• EU decision expected Q2 2026 (following positive opinion)
• Commercial launch underway (early revenue ramp)
In short: funded, progressing, and building.
The upside case hinges on mavorixafor — particularly in chronic neutropenia (CN), where it has potential to become a meaningful (even blockbuster) asset.
This is no longer the same risk profile the market is anchoring to.
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