financetom
Business
financetom
/
Business
/
Antifungal drug developer Scynexis's Q3 net loss widens
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Antifungal drug developer Scynexis's Q3 net loss widens
Nov 5, 2025 3:13 PM

Overview

* Scynexis Q3 2025 net loss widens to $8.6 mln

* Company receives $24.8 mln one-time payment from GSK, extending cash runway over two years

Outlook

* Scynexis ( SCYX ) expects up to $146 mln in annual net sales milestones from BREXAFEMME relaunch

* Scynexis's ( SCYX ) cash runway extends over two years, supporting SCY-247 development

Result Drivers

* GSK PAYMENT - Scynexis ( SCYX ) received a one-time payment of $24.8 mln from GSK, resolving a disagreement over the Phase 3 MARIO study

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $334,000

Product

Revenue

Q3 Net -$8.59

Income mln

Q3 Basic -$0.17

EPS

Q3 $8.74

Operatin mln

g

Expenses

Q3 -$8.59

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the pharmaceuticals peer group is "buy"

* Wall Street's median 12-month price target for SCYNEXIS Inc ( SCYX ) is $4.00, about 84.2% above its November 4 closing price of $0.63

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Figma, Inc Offering 12.5 Mln Shares Of Class A Common Stock In IPO - SEC Filing
BRIEF-Figma, Inc Offering 12.5 Mln Shares Of Class A Common Stock In IPO - SEC Filing
Jul 21, 2025
July 21 (Reuters) - Adobe Inc ( ADBE ): * FIGMA, INC OFFERING 12.5 MILLION SHARES OF CLASS A COMMON STOCK IN IPO - SEC FILING * FIGMA, INC SELLING TOCKHOLDERS OFFERING 24.5 MILLION SHARES OF CLASS A COMMON STOCK IN IPO - SEC FILING * FIGMA INC - IPO PRICE EXPECTED BETWEEN $25-$28 PER SHARE - SEC FILING *...
Figma sets terms for up to $1 billion IPO
Figma sets terms for up to $1 billion IPO
Jul 21, 2025
July 21 (Reuters) - Cloud-based designer platform Figma said on Monday it, along with its investors, is aiming to raise up to $1.03 billion in its initial public offering in the United States. ...
Linde Signs Long-Term Deals to Supply Gases for Rocket Launches
Linde Signs Long-Term Deals to Supply Gases for Rocket Launches
Jul 21, 2025
06:28 AM EDT, 07/21/2025 (MT Newswires) -- Linde ( LIN ) said Monday it has signed two new long-term agreements to supply bulk industrial gases for rocket launches that will lead to investments in Florida and Texas. The company will significantly expand its industrial gases facility in Mims, Florida, to provide liquid oxygen and nitrogen to support rocket launches at...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved