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SCYX News and Press, SCYNEXIS Inc. From 06/21/23

Stock Information

Company Name: SCYNEXIS Inc.
Stock Symbol: SCYX
Market: NASDAQ
Website: scynexis.com

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SCYX - Scynexis earns $25M milestone from GSK over antifungal therapy

2023-06-21 12:15:22 ET New Jersey-based biotech Scynexis ( NASDAQ: SCYX ) announced Wednesday that it achieved a performance-based milestone payment worth $25M from its partner GSK ( NYSE: GSK ) over its studies into antifungal agent ibrexafungerp. The payment comes afte...

SCYX - SCYNEXIS Announces Achievement of First Development Milestone of $25 Million Under Exclusive License Agreement with GSK

JERSEY CITY, N.J., June 21, 2023 (GLOBE NEWSWIRE) -- SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced the achievement of a $25 million performance-based development mile...

SCYX - SCYNEXIS to Participate in the Maxim Group Virtual Healthcare Conference

JERSEY CITY, N.J., June 15, 2023 (GLOBE NEWSWIRE) -- SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced that David Angulo, President and Chief Executive Officer, will take...

SCYX - Buy Cidara Therapeutics For Data Readout And European Foothold

2023-05-21 04:41:46 ET Summary With their first product approval last quarter, Europe should follow suit. Their U.S. partner is experienced in commercializing antibiotics. Their second drug candidate is likely to succeed in Phase 2. Cidara Therapeutics ( CDTX ) i...

SCYX - Scynexis: A Disappointing Q1 Earnings And Cooling GSK Catalyst - We Maintain Neutral Rating

2023-05-19 16:57:45 ET Summary SCYX's 1Q23 earnings highlights steadily underwhelming ibrexafungerp sales, with substantial growth expected in 2024/2025 once GSK begins promotion. Phase 3 MARIO trial data, pivotal for potential label expansion, is anticipated in 1H'24. The study f...

SCYX - WBB Research Institute Webcast Highlighted the Need For a Global Response to Candida auris and Other Deadly Antimicrobial Resistant Pathogens

Cranford, New Jersey--(Newsfile Corp. - May 19, 2023) - WBB Research Institute (WBBRI) hosted a Demi-Colton Virtual Salon on the need for a global response to Candida auris and other deadly pathogens. Antimicrobial resistant C. auris is becoming a major public health threat and is found in over 3...

SCYX - SCYNEXIS Reports Closing of Exclusive License Agreement with GSK for BREXAFEMME® (Ibrexafungerp Tablets)

SCYNEXIS is receiving an upfront payment of $90 million with future performance-based milestone payments of up to $503 million and tiered royalties. GSK obtains the exclusive rights to ibrexafungerp; SCYNEXIS retains rights to all other assets in its proprietary class of enfumafungin-derived ...

SCYX - SCYNEXIS GAAP EPS of -$0.71, revenue of $1.13M

2023-05-11 07:47:50 ET SCYNEXIS press release ( NASDAQ: SCYX ): Q1 GAAP EPS of -$0.71. Revenue of $1.13M (+63.8% Y/Y). For further details see: SCYNEXIS GAAP EPS of -$0.71, revenue of $1.13M

SCYX - SCYNEXIS Announces First Quarter 2023 Financial Results and Provides Corporate Update

SCYNEXIS announced an exclusive license agreement with GSK plc (LSE/NYSE: GSK) for the global rights to develop and commercialize BREXAFEMME ® (ibrexafungerp tablets). SCYNEXIS will receive an upfront payment from GSK of $90 million upon deal close with future performance-based milestone...

SCYX - Cidara earns $20M milestone payment on FDA nod for antifungal

2023-04-24 09:13:55 ET Cidara Therapeutics ( NASDAQ: CDTX ) announced Monday that it received a $20M milestone payment from its partner Melinta Therapeutics ( OTCPK:MLNTQ ) following the FDA approval of candidemia treatment Rezzayo last month. The U.S. approved the once we...

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