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SCYNEXIS Achieves $25M GSK Development Milestone

Payment follows a development goal for the Phase 3 MARIO study for ibrexafungerp in invasive candidiasis.

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By: Kristin Brooks

Managing Editor, Contract Pharma

SCYNEXIS, Inc., a biotechnology company developing medicines to overcome and prevent difficult-to-treat and drug-resistant infections, achieved a $25 million performance-based development milestone under its exclusive license agreement with GSK for ibrexafungerp. The milestone payment follows a development goal for the Phase 3 MARIO study for ibrexafungerp in invasive candidiasis.    The exclusive license agreement gives GSK rights to commercialize BREXAFEMME (ibrexafungerp tablets) for vulvov...

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