Scynexis Receives FDA Designations for Antifungal Therapy SCY-247
ByAinvest
Thursday, Jan 22, 2026 5:29 pm ET1min read
SCYX--
Scynexis has received FDA designations for its antifungal therapy, SCY-247, indicating significant potential in treating fungal infections. The company plans clinical trials for both IV and oral formulations by 2026 and is exploring non-dilutive funding to support development. Scynexis has faced challenges in revenue growth and exhibits a strong liquidity position but has a high risk of bankruptcy. The company's valuation metrics suggest a potentially undervalued position.
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