SCYNEXIS: IV SCY-247 Shows Favorable Safety And Exposure In Phase 1 Study
SCYNEXIS (SCYX) reported positive Phase 1 results for IV SCY-247, an antifungal candidate. The drug was well tolerated in 56 healthy participants, with no serious adverse events. Doses of 50 mg or higher met target exposure. Phase 2 development is planned for 2027, with up to $214M in potential BARDA funding. The stock is up 2.04% at $3.86.

