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Healthcare Biotechnology

SCYNEXIS, Inc. is a biotechnology company. It is pioneering medicine to overcome and prevent difficult-to-treat and drug-resistant infections. It develops antifungal platform fungerps, a novel class of antifungal agents called triterpenoids, that are structurally distinct glucan synthase inhibitors and have generally shown in vitro and in vivo activity against a range of human fungal pathogens,... see more

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SCYNEXIS Inc > Drug just got approved! :)

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Post by JonathanJSmith on Jun 02, 2021 7:39am

Drug just got approved! :)

https://finance.yahoo.com/news/scynexis-announces-fda-approval-brexafemme-113000221.html

Cheers,

JJ

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Comment by Kipper22 on Jun 02, 2021 11:06am

Seriously!? Approved and it goes down... Wtf

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Comment by JonathanJSmith on Jun 02, 2021 3:58pm

Yeah, I wasn't expecting this kind of reaction either. The next few weeks will tell the tale; the approval information needs to be absorbed. Based on the CC today, I inferred that an EMEA partnership will be forthcoming shortly. As Tags put it: "stay tuned". :) I haven't sold one share or option yet and don't intend to for the foreseeable future (unless something ...more

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Comment by dmacd on Aug 17, 2021 2:35pm

Wow. These biopharma stocks are truly in show me stage for valuation. Great opportunity for those with high conviction (like me) to load up way more than you thought you could. Sales will start slow since it takes some time to gain momentum but imagine if sales take off faster than the market expects ... at any rate I am sitting back on a load of core shares and will buy a trading position if it ...more

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