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SCYNEXIS to Participate in H. C. Wainwright 26th Annual Global Investment Conference

Key Takeaway: SCYNEXIS, Inc. (NASDAQ: SCYX) will participate in the H. C. Wainwright 26th Annual Global Investment Conference on September 11, 2024. David Angulo, the CEO, will present and host one-on-one meetings during the event. The company focuses on developing innovative antifungal treatments to combat drug-resistant infections, with its product ibrexafungerp already approved by the FDA for treating vulvovaginal candidiasis and reducing recurrent cases. Ongoing investigations aim to explore further applications of the drug for serious fungal infections in hospitalized patients.
Price reaction · baseline $12.56 (2024-08-26 close) · hit after-hours · clean, no other SCYX news in the window
day 0 close
-5.7%
day 1
-6.7%
day 3 · peak
-7%

Market Sentiment Analysis

POSITIVE FACTORS

  • SCYNEXIS is presenting at a prestigious investment conference.
  • The company is pioneering innovative medicines for drug-resistant infections.
  • Ibrexafungerp received FDA approval for multiple indications, showcasing product success.

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., Aug. 27, 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 make a corporate presentation as well as host 1x1 meetings at the H. C. Wainwright 26th Annual Global Investment Conference on Wednesday, September 11 at 10:00 A.M. ET.
H. C. Wainwright 26th Annual Global Investment Conference
Format: Live presentation and one-on-one meetings
Date: Wednesday, September 11, 2024
Time: 10:00 A.M. ET
Location: New York, NY
Webcast: Link
To request a one-on-one meeting with management, please reach out to your H.C. Wainwright representative.
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. known for?

SCYNEXIS, Inc. specializes in developing innovative medicines for difficult-to-treat infections.

Who is presenting at the H.C. Wainwright conference?

David Angulo, M.D., the CEO, will present and host 1x1 meetings.

When will the conference presentation take place?

The presentation is scheduled for September 11, 2024, at 10:00 A.M. ET.

What is Ibrexafungerp used for?

Ibrexafungerp is approved for treating vulvovaginal candidiasis and recurrent cases.

What innovative class is SCYNEXIS developing?

SCYNEXIS is developing the 'fungerps' antifungal platform, starting with ibrexafungerp.

Last updated: Aug 27, 2024