2020-12-11 08:17:20 SCYX Scynexis
12/11/20 12/1108:17 12/11/2008:17 | IV formulation of ibrexa 'a significant positive' for Scynexis, says MaximMaxim analyst Jason McCarthy noted that Scynexis announced that the intravenous, or IV, liposomal formulation of antifungal candidate ibrexa is moving into a Phase 1 study in Q1, which he views as a "significant positive." The news represents the resolution of the IV-related issues from several years ago, while the IV option with step down to oral for an antifungal is "very important," McCarthy contends. The remergence of IV ibrexa back to the clinic "enhances the story," said McCarthy, who keeps a Buy rating and $15 price target on Scynexis shares. |
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