Brief: Scynexis To Receive $10 Million Milestone Payment From GSK

Scynexis

23/07/2024 12:46

July 23 (Reuters) - SCYNEXIS Inc  SCYX.O :
    * SCYNEXIS TO RECEIVE $10 MILLION MILESTONE PAYMENT FROM GSK
TRIGGERED BY DELIVERY OF COMPLETED FURI, CARES AND NATURE
CLINICAL STUDY REPORTS
    * SCYNEXIS : ELIGIBLE FOR ADDITIONAL $323 MILLION IN
MILESTONE
PAYMENTS
    * SCYNEXIS INC - MILESTONE PAYMENT TRIGGERED BY CLINICAL
STUDY
REPORTS
    * SCYNEXIS : GSK WILL ALSO PAY MID-SINGLE DIGIT TO MID-TEEN
DIGIT
TIERED ROYALTIES ON TOTALITY OF IBREXAFUNGERP SALES ACROSS ALL
INDICATIONS
    * SCYNEXIS INC - CASH RUNWAY EXCEEDS TWO YEARS

Source text for Eikon:  ID:nGNX3Sb1pN 
Further company coverage:  SCYX.O 

 ((Reuters.Briefs@thomsonreuters.com;))