Secondary indication in the works as noted in last quarterly call now that the Phase III for the IIH is up and running.
This could come at any point now, as previous work was completed in 2020 for a hypothesised secondary indication but was put on back burner to prioritise Phase III launch.
Mooted secondary indications are in Acute Stroke, TBI and Hydrocephalus (all of which double or quadruple+ our current TAM, but with very similar hypothesised MOA)
In my view, this ann would magnify the upside, diversify the clinical catalyst downside, and warrant a strong rerate from the current $3M EV doldrums.
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