Cautious Outlook for Glaukos Amid Regulatory Uncertainty and Valuation ConcernsWe get the mechanisms, but continue to struggle to really understand the iDose pricing longer- term. Either way, with the stock having traded off heavily recently, and an undoubtedly solid print, we'd expect a strong inflection upwards tomorrow. Key takes from the call: CAC meeting, Epioxa, and core stent business 1) Thoughts on the CAC Meeting: Investor focus heading into the print centered on the upcoming Contractor Advisory Committee (CAC) 12, where five MACs are scheduled to discuss future coverage plans for iDose, potentially in combination with other MIGS. We note that the meeting is being held by the same five MACs that issued an LCD last November that rendered combo- Morgan Stanley & Co.