MarketDegenerate
Oct 3, 4:25 PM
$SCYX — This financing news is hard to overlook for a biotech this size.
SCYNEXIS just secured a BARDA contract providing up to
$214M in potential non-dilutive funding for antifungal candidate SCY-247.
The initial ~
$18.5M portion helps advance oral and IV versions toward Phase 2 in invasive candidiasis.
Government-funded development significantly changes the financing equation here.
0 replies