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Cidara Theraptcs Stock Price, News & Analysis

CDTX NASDAQ

Company Description

Company Overview

Cidara Therapeutics (CDTX) is an innovative biotechnology company focused on transforming the treatment paradigms for infectious diseases that have long been underserved by standard therapies. Through a multifaceted approach, the company develops novel immunotherapies and anti-infectives, leveraging its proprietary Cloudbreak® platform to engineer drug-Fc conjugates (DFCs) that uniquely combine targeted small molecules or peptides with a human antibody fragment. This integrated strategy allows Cidara to address complex infectious challenges including systemic fungal infections, vulvovaginal candidiasis, and seasonal as well as pandemic influenza among others.

Core Technologies and Business Model

At the heart of Cidara Therapeutics is its breakthrough Cloudbreak® platform, a versatile and cutting-edge technology designed to create single molecule cocktails with dual functionality. The platform enables the generation of DFCs that not only inhibit specific disease targets directly, but also engage the immune system, thereby potentially enhancing the overall efficacy of the treatment. The company’s approach spans several therapeutic areas, including anti-fungal and antiviral applications as well as oncologic and autoimmune indications, setting it apart in the competitive biotechnology landscape.

Pipeline and Product Candidates

Cidara’s product pipeline is strategically diversified to mitigate risk and maximize the clinical impact. The company is advancing multiple product candidates:

  • CD101 IV and CD101 Topical: These candidates target systemic fungal infections and vulvovaginal candidiasis, respectively, representing the first steps in introducing novel anti-fungal therapies with potential once-weekly or topical administration regimes.
  • CD388: As a long-acting antiviral DFC, CD388 is designed to provide universal prevention against influenza A and B by directly inhibiting viral proliferation. This candidate is engineered to function independently of the host immune response, offering potential advantages over traditional vaccines.
  • Cloudbreak-Facilitated Immunotherapies: In addition to its anti-infective portfolio, Cidara leverages its Cloudbreak platform to develop immunotherapeutic agents aimed at targeting oncologic, viral, and autoimmune diseases, broadening the company’s application footprint and research potential.

Market Position and Competitive Landscape

Cidara Therapeutics operates in a highly specialized niche within the biotechnology sector. By focusing on areas where current standard of care therapies fall short, the company positions itself as a catalyst for change in treatment protocols. Its use of innovative immunotherapeutic strategies, particularly the creation of DFCs via the Cloudbreak® platform, equips it with a unique competitive advantage. While facing challenges common to the biotechnology arena such as rigorous clinical validation and regulatory hurdles, CDTX differentiates itself through its precise and targeted approach, underpinned by robust partnerships and strategic asset optimization.

Operations and Clinical Development

The company’s operations are characterized by a dedicated focus on clinical research and development. Cidara’s scientific methodology emphasizes the identification and validation of molecular targets related to severe infectious diseases, followed by the development of therapies that harness the body’s own immune system. The approach includes detailed clinical investigations to assess safety, pharmacokinetics, and overall efficacy of its product candidates, ensuring that each development milestone reinforces the company’s technical credibility and commitment to patient safety.

Strategic Initiatives and Industry Impact

Cidara Therapeutics continuously refines its strategic focus through targeted asset divestitures and reacquisitions, ensuring that resources are effectively directed towards high-impact projects. The company’s ability to secure substantial investment through non-dilutive financing and private placements highlights its robust pipeline and commitment to clinical excellence. By concentrating on a subset of transformative treatment areas, Cidara is not only paving the way for new therapeutic options but also setting benchmarks in drug development methodologies that can serve as a model for the broader biotechnology community.

Research and Development Excellence

In a field that demands both precision and innovation, the expertise at Cidara Theraputics is demonstrated by its rigorous research protocols and validated data from early clinical studies. The company’s scientific leadership, supported by collaborative partnerships with industry leaders, has enabled the generation of compelling preclinical and clinical data. This multi-disciplinary approach ensures that all aspects of the product development process are optimized to maximize the potential for clinical success and long-term sustainability in the competitive healthcare market.

Conclusion

In summary, Cidara Therapeutics is a biotechnology innovator focused on delivering next-generation immunotherapies and anti-infectives that address critical unmet needs in infectious disease treatment. By combining state-of-the-art technologies with an integrated clinical development strategy, the company provides a comprehensive and nuanced approach to modern therapeutic challenges. Its ongoing commitment to scientific rigor, operational excellence, and strategic asset management underscores Cidara’s significant role in shaping the future landscape of modern medicine, while ensuring that the content remains informative and relevant for years to come.

Stock Performance

$—
0.00%
0.00
Last updated:
74.78 %
Performance 1 year
$210.1M
Market Cap
11.0M
Shares outstanding

SEC Filings

No SEC filings available for Cidara Theraptcs.

Financial Highlights

$1,275,000
Revenue (TTM)
-$169,827,000
Net Income (TTM)
-$26.75
Diluted EPS (TTM)
-$176,533,000
Operating Cash Flow
-13,319.76%
Net Profit Margin
-13,811.92%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Cidara Theraptcs (CDTX)?

The current stock price of Cidara Theraptcs (CDTX) is $21.48 as of April 24, 2025.

What is the market cap of Cidara Theraptcs (CDTX)?

The market cap of Cidara Theraptcs (CDTX) is approximately 210.1M.

What is the revenue (TTM) of Cidara Theraptcs (CDTX) stock?

The trailing twelve months (TTM) revenue of Cidara Theraptcs (CDTX) is $1,275,000.

What is the net income of Cidara Theraptcs (CDTX)?

The trailing twelve months (TTM) net income of Cidara Theraptcs (CDTX) is -$169,827,000.

What is the earnings per share (EPS) of Cidara Theraptcs (CDTX)?

The diluted earnings per share (EPS) of Cidara Theraptcs (CDTX) is -$26.75 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Cidara Theraptcs (CDTX)?

The operating cash flow of Cidara Theraptcs (CDTX) is -$176,533,000.

What is the profit margin of Cidara Theraptcs (CDTX)?

The net profit margin of Cidara Theraptcs (CDTX) is -13,319.76%.

What is the operating margin of Cidara Theraptcs (CDTX)?

The operating profit margin of Cidara Theraptcs (CDTX) is -13,811.92%.

What is the current ratio of Cidara Theraptcs (CDTX)?

The current ratio of Cidara Theraptcs (CDTX) is 4.25, indicating the company's ability to pay short-term obligations.

What is the operating income of Cidara Theraptcs (CDTX)?

The operating income of Cidara Theraptcs (CDTX) is -$176,102,000.

What is the core focus of Cidara Therapeutics?

Cidara Therapeutics is focused on developing novel immunotherapies and anti-infectives using its proprietary Cloudbreak platform, which enables the creation of innovative drug-Fc conjugates for serious infectious diseases.

How does the Cloudbreak platform work?

The Cloudbreak platform is a proprietary technology that couples targeted small molecules or peptides with a human antibody fragment, creating drug-Fc conjugates that not only inhibit disease targets but also engage the immune system to enhance therapeutic effects.

What therapeutic areas does Cidara address?

Cidara Therapeutics addresses multiple areas including anti-fungal treatments, antiviral therapies for influenza, oncology, and autoimmune diseases, focusing on conditions that are underserved by existing standard of care therapies.

What are some of the key product candidates in Cidara's pipeline?

Key candidates include CD101 IV and CD101 Topical for fungal infections, as well as CD388, a long-acting antiviral designed to provide universal prevention against influenza, along with additional DFC immunotherapies under development.

How does Cidara differentiate itself in the competitive biotech landscape?

Cidara differentiates itself through its innovative approach utilizing the Cloudbreak platform to develop drug-Fc conjugates, strategic asset management including divestitures and reacquisitions, and a focus on unmet medical needs across multiple therapeutic areas.

What is the significance of CD388?

CD388 is a long-acting antiviral candidate developed as part of the Cloudbreak platform, designed to offer universal protection against influenza strains through a single-dose administration, independent of the patient’s immune response.

How does Cidara ensure the safety and efficacy of its product candidates?

Cidara employs rigorous clinical research protocols that include extensive safety, pharmacokinetic, and efficacy assessments. This systematic approach, combined with validated preclinical and clinical data, supports its commitment to patient safety and therapeutic excellence.

Who are the typical partners and investors involved with Cidara Therapeutics?

Cidara works with a range of strategic partners, including major pharmaceutical companies and leading investors from the life sciences sector, which aids in advancing its clinical development programs and broadening its market impact.