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SCYX / Scynexis: From Fungal To Bungle, The Brexafemme Recall And A Slippery Slope (Rating Downgrade)

Scynexis: From Fungal To Bungle, The Brexafemme Recall And A Slippery Slope (Rating Downgrade)
We downgrade Scynexis to a sell rating following the voluntary recall of antifungal pill, Brexafemme. Historical precedence suggests that manufacturing recalls can take months to resolve, and for a single-product biotech, we see further downside to the stock price. Concerns around the impact on clinical trials, partnership with GSK, and uncertainty surrounding hospital-based fungal infection trials remain a key focus/risk moving forward. Read More
Posted: Sep 26 2023, 19:54
Author Name: Seeking Alpha
Views: 092087

SCYX News  

Scynexis: From Fungal To Bungle, The Brexafemme Recall And A Slippery Slope (Rating Downgrade)

By Seeking Alpha
September 26, 2023

Scynexis: From Fungal To Bungle, The Brexafemme Recall And A Slippery Slope (Rating Downgrade)

We downgrade Scynexis to a sell rating following the voluntary recall of antifungal pill, Brexafemme. Historical precedence suggests that manufacturin more_horizontal

SCYNEXIS (SCYX) Skyrockets 134% Year to Date: Here's Why

By Zacks Investment Research
September 4, 2023

SCYNEXIS (SCYX) Skyrockets 134% Year to Date: Here's Why

SCYNEXIS' (SCYX) shares soar 134% year to date, owing to partnership with big wig GSK plc for the development of its antifungal tablet, Brexafemme. more_horizontal

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

By Newsfile Corp
May 19, 2023

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 res more_horizontal

Scynexis (SCYX) Reports Q1 Loss, Misses Revenue Estimates

By Zacks Investment Research
May 11, 2023

Scynexis (SCYX) Reports Q1 Loss, Misses Revenue Estimates

Scynexis (SCYX) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0. more_horizontal

Scynexis (SCYX) Inks Antifungal Drug Deal With GSK

By Zacks Investment Research
March 31, 2023

Scynexis (SCYX) Inks Antifungal Drug Deal With GSK

Scynexis (SCYX) enters an exclusive license agreement with GSK to commercialize Brexafemme (ibrexafungerp), an antifungal tablet. GSK will also contin more_horizontal

Scynexis: Licensing Deal With GSK, Upgrading To A Hold Rating From A Sell

By Seeking Alpha
March 31, 2023

Scynexis: Licensing Deal With GSK, Upgrading To A Hold Rating From A Sell

GSK and SCYNEXIS signed an exclusive licensing agreement for Brexafemme, an FDA-approved medicine for vulvovaginal candidiasis. GSK will pay SCYNEXIS more_horizontal

Why Is Scynexis (SCYX) Stock Up 69% Today?

By InvestorPlace
March 30, 2023

Why Is Scynexis (SCYX) Stock Up 69% Today?

Scynexis (NASDAQ: SCYX ) stock is taking off on Tuesday as investors react to news of an exclusive license agreement for Brexafemme. Brexafemme is an more_horizontal

SCYNEXIS, Inc. (SCYX) Q3 2022 Earnings Call Transcript

By Seeking Alpha
November 9, 2022

SCYNEXIS, Inc. (SCYX) Q3 2022 Earnings Call Transcript

SCYNEXIS, Inc. (NASDAQ:SCYX ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants Debbie Etchison - Communications & IR D more_horizontal


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