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SCYNEXIS Announces Four Posters Presented at ASM Microbe 2020 Highlighting the Potential Clinical Utility of Ibrexafungerp

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SCYNEXIS, Inc. (NASDAQ: SCYX) announced the presentation of four posters at ASM Microbe 2020, showcasing the potential of ibrexafungerp, a novel antifungal agent. After completing its VANISH Phase 3 program, SCYNEXIS plans to submit a new drug application for ibrexafungerp for treating vaginal yeast infections this year. The posters emphasized ibrexafungerp's efficacy against various fungal infections, including drug-resistant strains. Notably, interim analysis from the Phase 3 FURI study showed significant clinical benefits in 81% of patients intolerant to standard antifungal treatments.

Positive
  • Ibrexafungerp demonstrated significant clinical benefits in 81% of patients in Phase 3 FURI study.
  • Plans to submit a new drug application for ibrexafungerp in the second half of 2020.
  • Broad-spectrum activity against multiple fungal pathogens, including drug-resistant strains.
Negative
  • Ongoing reliance on clinical trials for FDA approval introduces uncertainty.

JERSEY CITY, N.J., July 22, 2020 (GLOBE NEWSWIRE) -- SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced the presentation of four posters at the American Society for Microbiology (ASM) Microbe 2020 held virtually from June through August. The posters, presented as part of the ASM Microbe Online 2020 Summer of Science program, now available online, highlight the potential clinical utility of ibrexafungerp. Ibrexafungerp is the first representative of a new class of antifungal agents called triterpenoids, which are broad-spectrum, fungicidal, and designated by the suffix “-fungerp”. Following the successful completion of its VANISH Phase 3 program, the Company plans to submit a new drug application (NDA) for ibrexafungerp as a treatment for vaginal yeast infections in the second half of this year, while advancing several late-stage programs for the treatment of life-threatening fungal infections in hospitalized patients.

“Fungal infections are increasingly common and often represent serious public health threats, yet there are limited treatment options. The clinical and preclinical studies presented at ASM Microbe 2020 highlight ibrexafungerp’s potential across a broad spectrum of fungal infections, including resistant strains,” said Marco Taglietti, M.D., Chief Executive Officer of SCYNEXIS. “As superbugs flourish and antifungal drug development dwindles, we remain committed to advancing ibrexafungerp, our novel antifungal, for patients in the hospital and community settings. The COVID-19 pandemic is a powerful reminder about the importance of continuous development of anti-infectives.”

Poster Details:

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TitleTreatment Outcomes of Oral Ibrexafungerp in Patients with Severe Fungal Infections, Refractory to or Intolerant of Standard of Care Antifungals: Results from the Phase 3 FURI Study Second Interim Analysis
SessionVirtual 380 - CIV01 Clinical Studies of Adult Infectious Diseases including Epidemiology and Clinical Trials
AuthorsN. Azie, D. Angulo
HighlightsAn interim analysis of 21 patients from the Phase 3 clinical study evaluating ibrexafungerp for the treatment of patients intolerant to the standard of care treatment for Candida infections (FURI Study) found that treatment with oral ibrexafungerp showed significant clinical benefit in 81% of patients, with 12 (57%) patients achieving a complete or partial response and 5 (24%) patients with stable disease. [Link to study details]


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TitleDelayed Initiation of the Novel Glucan Synthase Inhibitor, Ibrexafungerp, is Effective in a Murine Model of Invasive Candidiasis Caused by Candida Auris
SessionVirtual 320 - AAR03 Antifungal Resistance Epidemiology and Mechanisms
AuthorsN. P. Wiederhold1, L. K. Najvar1, R. Jaramillo1, M. Olivo1, H. P. Patterson1, S. Barat2, K. Borroto-Esoda2, G. Catano1, T. F. Patterson11UT Hlth.San Antonio, San Antonio, TX, 2SCYNEXIS, Inc., Jersey City, NJ
HighlightsAn in vivo delayed initiation study of Candida auris in a murine model found that treatment with ibrexafungerp (40mg/kg) significantly improved survival and reduced fungal burden. These data further support the potential utility of ibrexafungerp as a treatment for invasive infections caused by Candida auris. [Link to study details]


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TitleDetermination of Antifungal Activity of SCY-078, a Novel Glucan Synthase Inhibitor, against a Broad Panel of Rare Pathogenic Fungi
SessionAAR03 Antifungal Resistance Epidemiology and Mechanisms
AuthorsM. Ghannoum1, L. Long1, R. Sherif1, F. Z. Abidi1, K. Borroto-Esoda2, S. Barat2, D. Angulo3, N. Wiederhold41Case Western Reserve Univ., Cleveland, OH, 2Scynexis, Inc., Jersey City, NJ, 3Scynexis, Jersey City, NJ, 4Univ. of Texas San Antonio, San Antonio, TX
HighlightsAn in vitro study found that ibrexafungerp demonstrated potent activity against 13 different genera of rare fungal pathogens and effectiveness against 7 more, supporting its broad-spectrum activity and potential to treat a range of fungal pathogens. [Link to study details]


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TitleIbrexafungerp or Caspofungin in Combination with Azoles against Clinical Isolates of Aspergillus, Including Those Resistant to Azoles
SessionVirtual 335 - AAR08 New Antimicrobial Agents (in vitro and in vivo Studies Prior to the Start of Clinical Therapeutic Studies/Pre-phase 2) - In vitro and In vivo study of new antimicrobials
AuthorsV. Jagadeesan1, E. Driscoll2, B. Hao2, S. Cheng2, S. Barat3, T. Chen4, K. Borroto-Esoda3, D. Angulo3, C. J. Clancy2, M. Nguyen21Univ. of Pittsburgh Med. Ctr., Pittsburgh, PA, 2Univ. of Pittsburgh, Pittsburgh, PA, 3Scynexis Inc., Jersey City, NJ, 4Scynexis Inc., Jersey City, NJ
HighlightsAn in vitro study evaluating the efficacy of ibrexafungerp (IBX) and caspofungin (CAS) alone or in combination with azole treatments against 50 Aspergillus clinical isolates found that the combination of IBX or CAS with azole treatment yielded synergistic activity. These results support further investigations evaluating the potential for the use of ibrexafungerp and azoles in combination for the treatment of infections caused by Aspergillus.
[Link to study details]

All posters will be available on the SCYNEXIS website in the near future via link.

About Ibrexafungerp
Ibrexafungerp [pronounced eye-BREX-ah-FUN-jerp] is an investigational antifungal agent and the first representative of a new class of antifungal agents called triterpenoids, which are broad-spectrum, fungicidal, and designated by the suffix “-fungerp”. This agent combines the well-established activity of glucan synthase inhibitors with the potential flexibility of having oral and IV formulations. Ibrexafungerp is currently in development for the treatment of fungal infections caused primarily by Candida (including C. auris) and Aspergillus species. It has demonstrated broad spectrum antifungal activity, in vitro and in vivo, against multidrug-resistant pathogens, including azole- and echinocandin-resistant strains. The FDA has granted Qualified Infectious Disease Product (QIDP) and Fast Track designations for the formulations of ibrexafungerp for the indications of invasive candidiasis (IC) (including candidemia), invasive aspergillosis (IA) and vulvovaginal candidiasis (VVC) and has granted Orphan Drug Designation for the IC and IA indications. Ibrexafungerp is formerly known as SCY-078.

About SCYNEXIS
SCYNEXIS, Inc. (NASDAQ: SCYX) is a biotechnology company pioneering innovative medicines to help millions of patients worldwide overcome and prevent difficult-to-treat infections that are becoming increasingly drug-resistant. Our lead candidate, ibrexafungerp (formerly known as SCY-078), is a broad-spectrum, IV/oral antifungal agent representing a novel therapeutic class, in late stage development for multiple indications, ranging from vaginal yeast infections to life-threatening fungal infections in hospitalized patients. The SCYNEXIS team has deep expertise in anti-infective drug development and marketing, which can be leveraged to advance ibrexafungerp from clinical development to commercialization. For more information, visit www.scynexis.com.

Forward Looking Statement
Statements contained in this press release regarding expected future events or results are "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 risks and uncertainties include, but are not limited, to: risks inherent in SCYNEXIS' ability to successfully develop and obtain FDA approval for ibrexafungerp; the expected costs of studies and when they might begin or be concluded; and SCYNEXIS' reliance on third parties to conduct SCYNEXIS' clinical studies. 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: 
Investor Relations
Irina Koffler
Managing Director
LifeSci Advisors, LLC
646-970-4681 (w)
ikoffler@lifesciadvisors.com

Media Relations
Gloria Gasaatura
Account Supervisor
LifeSci Communications
646-970-4688
ggasaatura@lifescicomms.com

 


FAQ

What is the significance of SCYNEXIS's recent presentation at ASM Microbe 2020?

SCYNEXIS presented four posters highlighting ibrexafungerp's clinical potential against drug-resistant fungal infections.

What are the key findings from the Phase 3 FURI study on ibrexafungerp?

The FURI study found that 81% of patients intolerant to standard antifungals showed significant benefits from ibrexafungerp.

When does SCYNEXIS plan to submit the new drug application for ibrexafungerp?

SCYNEXIS plans to submit the NDA for ibrexafungerp in the second half of 2020.

What are the potential applications of ibrexafungerp?

Ibrexafungerp is being developed for treating various fungal infections, including vaginal yeast infections and life-threatening conditions in hospitalized patients.

SCYNEXIS, Inc.

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