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SCYNEXIS to Participate in Guggenheim’s 6th Annual Biotechnology Conference

Key Takeaway: SCYNEXIS, Inc. announced that its President and CEO, David Angulo, will present at Guggenheim's 6th Annual Biotechnology Conference on February 7, 2024. The company is focused on developing novel antifungal therapies, including ibrexafungerp, which has already been approved by the FDA for specific indications. The ongoing clinical investigations aim to address life-threatening invasive fungal infections. This engagement at a prominent biotech conference further underscores SCYNEXIS's commitment to innovation in drug-resistant infections.
Price reaction · baseline $15.6 (2024-01-29 close) · hit after-hours · clean, no other SCYX news in the window
day 0 close
+0.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • SCYNEXIS is pioneering innovative medicines for difficult-to-treat infections.
  • The company is actively engaging in significant conferences to showcase its progress.
  • Successful FDA approvals highlight the efficacy of its therapies.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+56%
120-day peak, hindsight
Typical move
12.1%
average across 3 past catalysts
Cash runway
~11 mo
Medium dilution risk
Lead asset
Ibrexafungerp
Phase 3 · Vulvovaginal Candidiasis

Full Press Release Details

JERSEY CITY, N.J., Jan. 30, 2024 (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 David Angulo, M.D., President and Chief Executive Officer, will present at Guggenheim’s 6th Annual Biotechnology Conference on Wednesday, February 7 at 11:00 A.M. ET.
Guggenheim’s 6th Annual Biotechnology Conference
Format: Fireside chat and one-on-one meetings
Date: Wednesday, February 7, 2024
Location: New York, NY
SCYNEXIS, Inc. (NASDAQ: SCYX) is a biotechnology company pioneering innovative medicines to help millions of patients worldwide overcome and prevent difficult-to-treat infections that are becoming increasingly drug-resistant. SCYNEXIS is developing the company’s proprietary antifungal platform “fungerps”. Ibrexafungerp, the first representative of this novel class, has been licensed to GSK. The U.S. Food and Drug Administration (FDA) approved BREXAFEMME® (ibrexafungerp tablets) in June 2021, for its first indication in vulvovaginal candidiasis (VVC), followed by a second indication in November 2022, for reduction in the incidence of recurrent VVC. Late-stage clinical investigation of ibrexafungerp for the treatment of life-threatening invasive fungal infections in hospitalized patients is ongoing. Additional antifungal assets from this novel class are currently in pre-clinical and discovery phase, including the compound SCY-247. For more information, visit www.scynexis.com.

Frequently Asked Questions

What is SCYNEXIS, Inc.?

SCYNEXIS, Inc. is a biotechnology firm focused on developing innovative treatments for drug-resistant infections.

When will SCYNEXIS present at the Biotechnology Conference?

David Angulo, M.D. will present at the conference on February 7, 2024, at 11:00 A.M. ET.

What is ibrexafungerp?

Ibrexafungerp is the first drug from SCYNEXIS's antifungal platform, targeting difficult infections.

What FDA approvals has SCYNEXIS received?

The FDA approved BREXAFEMME® for vulvovaginal candidiasis in June 2021 and recurrent cases in November 2022.

Where can I find more information on SCYNEXIS?

More details about SCYNEXIS and their products can be found at www.scynexis.com.

Last updated: Jan 30, 2024