“THINK FUNGUS” - SCYNEXIS Recognizes Fungal Disease Awareness Week Sponsored by the Centers for Disease Control and Preve...
August 15 2017 - 8:00AM
SCYNEXIS, Inc. (NASDAQ:SCYX), a biotechnology company delivering
innovative anti-infective therapies for difficult-to-treat and
often life-threatening infections, commends the Centers for Disease
Control and Prevention (CDC) for organizing the first Fungal
Disease Awareness Week (August 14-18, 2017) to highlight the
increasingly urgent global health epidemic and raise awareness
among the public and healthcare providers about fungal diseases.
Fungal Disease Awareness Week coincides with the CDC’s recent
warning issued on the growing global threat of Candida auris, a
typically multidrug-resistant fungal species spreading at an
increasing rate and associated with significant mortality.
“The team at SCYNEXIS is encouraged by the CDC’s efforts to
raise awareness of fungal infections and the urgent public health
threat of increasing rates of resistance to current antifungal
agents, resulting in longer hospitalizations, higher medical costs
and in some cases increased rates of mortality,” commented Marco
Taglietti, M.D., President and Chief Executive Officer of
SCYNEXIS. “At SCYNEXIS, one of our core missions is to
develop therapies for patients suffering from these
infections. Data collected to date on our lead drug
candidate, SCY-078, gives us confidence that it has the potential
to achieve this mission and to address many of the resistance
problems across multiple fungal strains.”
The theme of this year’s Fungal Disease Awareness Week is “Think
Fungus,” which signifies the importance of encouraging the public
and healthcare professionals to consider fungal infections during
diagnoses. The CDC urges that we realize fungal diseases are
an increasing global issue
(http://dx.doi.org/10.15585/mmwr.mm6631a6). Particularly concerning
are:
- Emergence of Candida auris, a multidrug-resistant pathogen that
spreads in healthcare settings;
- Increased prevalence of fungal strains that are resistant to
existing therapies, specifically for Candida and Aspergillus
infections; and
- Increased incidence of Coccidioidomycosis.
To address the unmet need in the antifungal space and the CDC’s
identified concerns, we are pleased to report that we have opened
additional sites in the U.S. for our FURI study. The FURI study
allows the inclusion of patients with Candida infections (including
Candida auris) that are refractory to or intolerant of standard
antifungal therapies. As previously reported, preclinical
data for SCY-078 has consistently shown activity against resistant
strains and SCY-078 may represent an alternative therapeutic option
to these patients facing very limited or no treatment
options. More information regarding this study at
https://clinicaltrials.gov/ct2/show/NCT03059992?term=SCY-078&rank=2.
About Fungus Awareness WeekAugust 14–18, 2017,
is the first Fungal Disease Awareness Week with the theme “Think
Fungus.” CDC and partners have organized this week to highlight the
importance of recognizing serious fungal diseases early enough in
the course of a patient’s illness to provide life-saving treatment.
Some fungal diseases go undiagnosed and cause serious infections in
people in the United States and around the world, leading to
illness and death. Increased awareness about fungal diseases is one
of the most important ways we can improve early recognition and
reduce delays in diagnosis and treatment. A key clue to when a sick
person may have a fungal infection is that he or she is being
treated with medications for other types of infection but does not
get better. Information about Fungal Disease Awareness Week is
available at https://www.cdc.gov/fungal/awareness-week.html
#THINKFUNGUS
About SCY-078 SCY-078 is an antifungal agent in
clinical development for the treatment of fungal infections caused
by Candida and Aspergillus species. SCY-078 is
a triterpenoid, semi-synthetic derivative of the natural product
enfumafungin—a structurally distinct and novel class of glucan
synthase inhibitor. SCY-078 combines the well-established activity
of glucan synthase inhibitors with the potential flexibility of
having IV and oral formulations. By belonging to a chemical class
distinct from other antifungals, SCY-078 has shown in
vitro and in vivo activity against multi-drug
resistant pathogens, including azole- and echinocandin-resistant
strains. The U.S. Food and Drug Administration granted Fast Track,
Qualified Infectious Disease Product and Orphan Drug Designations
for the formulations of SCY-078 for the indications of invasive
candidiasis (including candidemia) and invasive aspergillosis.
About SCYNEXISSCYNEXIS, Inc. is a biotechnology
company committed to positively impacting the lives of
patients suffering from difficult-to-treat and often
life-threatening infections by delivering innovative anti-infective
therapies. The SCYNEXIS team has extensive experience in the life
sciences industry, discovering and developing more than 30
innovative medicines over a broad range of therapeutic areas. The
Company's lead product candidate, SCY-078, is the first
representative of a novel intravenous and oral triterpenoid
antifungal family and is in Phase 2 clinical development for the
treatment of several fungal infections, including serious and
life-threatening invasive fungal infections. For more
information, visit www.scynexis.com.
Forward-Looking Statement Statements contained
in this press release maybe, "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Because such statements are subject to risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. These and
other risks are described more fully in SCYNEXIS' filings with the
Securities and Exchange Commission, including without limitation,
its most recent Annual Report on Form 10-K under the caption "Risk
Factors" and other documents subsequently filed with or furnished
to the Securities and Exchange Commission. All forward-looking
statements contained in this press release speak only as of the
date on which they were made. SCYNEXIS undertakes no obligation to
update such statements to reflect events that occur or
circumstances that exist after the date on which they were
made.
CONTACT:
Media Relations
Cammy Duong
MacDougall Biomedical Communications
Tel: 781-591-3443
cduong@macbiocom.com
Investor Relations
Susan Kim
Argot Partners
Tel: 212-203-4433
susan@argotpartners.com
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