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home / news releases / CDTX - Cidara up 77% premarket on rezafungin development deal


CDTX - Cidara up 77% premarket on rezafungin development deal

  • Thinly traded nano cap Cidara Therapeutics (NASDAQ:CDTX) is up 77% premarket on increased volume, albeit in turnover of only 92K shares, in response to its agreement with Mundipharma to develop and commercialize rezafungin, a once-weekly echinocandin antifungal, for the first-line treatment of candidemia and invasive candidiasis and the prophylaxis of invasive fungal infections in patients undergoing allogeneic blood and marrow transplantations.
  • More news on: Cidara Therapeutics, Inc., Healthcare stocks news, Stocks on the move,
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Stock Information

Company Name: Cidara Therapeutics Inc.
Stock Symbol: CDTX
Market: NASDAQ
Website: cidara.com

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