SCYNEXIS, Inc. is a biotechnology company, which engages in the development of novel oral and intravenous triterpenoid antifungal for the treatment of several fungal infections, including vulvovaginal candidiasis, invasive aspergillosis, invasive candidiasis, and refractory invasive fungal infections. The company was founded by Scot Kevin Huber, Terry Eugene Marquardt, Pierre Bernard Jacques Monnet, Russell J. Outcalt, and Yves Joseph Ribeill on November 4, 1999 and is headquartered in Jersey City, NJ.
SCYNEXIS Reports Second Quarter 2026 Financial Results and Provides Corporate Update
SCYNEXIS reported Q2 2026 financial results with a cash position of $71.1 million, which management states supports a cash runway into 2029.
Operationally, the company initiated a Phase 1 study of SCY-770 for ADPKD, with topline data expected in Q3 2026, and completed dosing in the Phase 1 IV study of SCY-247.
The company noted potential to receive up to $146 million in annual net sales milestones related to the GSK relaunch of BREXAFEMME, while Q2 net income was boosted by a $14.2 million gain on warrant liabilities.