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Rezzayo

All articles tagged with #rezzayo

FDA approves Cidara's Rezzyao for candidiasis treatment despite company's Q4 earnings disappointment.
health2 years ago

FDA approves Cidara's Rezzyao for candidiasis treatment despite company's Q4 earnings disappointment.

The FDA has approved an antifungal drug called Rezzayo, developed by Cidara Therapeutics and Melinta Therapeutics, for the treatment of candidemia and invasive candidiasis caused by Candida species, including the drug-resistant Candida auris. Rezzayo is the first new treatment option approved for these deadly fungal infections in over a decade. Candida auris is an antimicrobial resistance threat that has spread rapidly throughout the US in 2020 and 2021, and is often resistant to multiple antifungal drugs, making it a superbug.

healthcare2 years ago

Cidara's FDA Approval of Antifungal Treatment Fails to Boost Stock Amid Lower Q4 Earnings.

Cidara Therapeutics received FDA approval for its antifungal treatment, Rezzayo, for treating candidemia and invasive candidiasis in adults with limited or no alternative treatment options. However, the company's Q4 earnings report showed lower than expected revenues and an EPS loss, causing a 15.8% drop in its stock price. The FDA approval enables Cidara to receive a $20 million regulatory milestone payment under its agreement with Melinta Therapeutics.