Cidara Newsroom

Resources for Journalists and Media

When was Cidara founded?

Cidara was founded in 2012.

Who founded the company?

Cidara Therapeutics was co-founded by Kevin Forrest, Ph.D., of 5AM Ventures, Kevin Judice, Ph.D., founder and former chief executive officer of Achaogen Pharmaceuticals, and H. Shaw Warren, M.D., of Harvard University and Massachusetts General Hospital. Dr. Forrest currently serves as chief operating officer and chief financial officer at Cidara.

Where is Cidara’s corporate headquarters?

The company is headquartered in San Diego, California.

Who are the members of Cidara’s management team?

Cidara has assembled a team of senior executives with significant experience in the anti-infective market and a track record of successfully developing and commercializing many anti-infective products. You can view our management team by visiting the “Management Team” section of our website.

Who are the members of Cidara’s Board of Directors?

You can view our Board of Directors by visiting the “Board of Directors” section of our website.

On which exchange is Cidara listed and what is the ticker symbol?

Cidara is traded on The NASDAQ Global Market under the symbol “CDTX.” Cidara went public on April 15, 2015.

What are key therapeutic areas of focus for Cidara?

Cidara’s focus is on the discovery and development of new anti-infectives and immunotherapies for the treatment of diseases that are inadequately addressed by current standard-of-care therapies. Key therapeutic areas focus on invasive fungal infections, as well as efforts to leverage the immune system to treat bacterial, fungal and viral infections.

What products comprise Cidara’s initial portfolio?

Cidara’s lead product candidate is a novel echinocandin antifungal, CD101 IV, intended for the treatment and prevention of life-threatening invasive fungal infections. In addition, Cidara has developed a proprietary immunotherapy platform, Cloudbreak™, designed to create compounds that direct a patient’s immune cells to attack and eliminate pathogens that cause infectious disease.  Cidara’s lead Cloudbreak compound is CD201, targeting multi-drug resistant Gram-negative infections.

Where can I find more information about Cidara’s R&D programs?

You can view information about our development programs by visiting the “Drug Candidates” section of our website.

What is the market opportunity for new antifungals?

The current global market for systemic antifungals is roughly four billion dollars and there is still significant unmet need, with on-treatment mortality rates ranging from 30 to 50 percent for invasive infections. Currently, there are only three classes of antifungals approved to treat these infections and few antifungals in development. With rising resistance to existing drugs, and given their limitations of toxicity, drug interactions, or once daily IV therapy, the profile of CD101 IV will be well-positioned to address patients’ unmet needs.

When did Cidara receive QIDP/Fast Track designation from the FDA for CD101 IV? What does this mean?

In May 2015, the U.S. Food and Drug Administration (FDA) designated Cidara’s lead antifungal product candidate, CD101 IV, as a Qualified Infectious Disease Product (QIDP) with Fast Track status. The QIDP and Fast Track designation are for the use of CD101 IV in the treatment of candidemia and invasive candidiasis. The QIDP designation, provided under the Generating Antibiotic Incentives Now Act (GAIN Act), offers certain incentives for the development of new antibacterial or antifungal drugs, including eligibility for Fast Track, priority review and, if CD101 IV is ultimately approved by the FDA, eligibility for an additional five years of marketing exclusivity. You can view the Cidara news announcement for more information.

Who can I contact if I am a member of the media?

For media inquiries, please email mikebeyer@sambrown.com or micheleparisi@sambrown.com.

Media Contact

Christy Curran
Sam Brown Inc.
Phone: (615) 414-8668
Email: christycurran@sambrown.com

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