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Cidara Therapeutics Announces Positive Data from Multiple Dose Phase 1 Clinical Trial of CD101 IV

By January 11, 2016No Comments

— Multiple Ascending Dose Study-Results Reinforce Excellent Safety
and Tolerability –

Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company
developing novel anti-infectives and immunotherapies to treat fungal and
other infections, today announced data from the company’s Phase 1
multiple ascending dose clinical trial of its antifungal drug candidate,
CD101 IV, in healthy volunteers. CD101 IV is a novel, long-acting
echinocandin that Cidara is developing for the treatment and prevention
of serious, invasive fungal infections, including candidemia and
invasive candidiasis.

Key results of the multiple ascending dose (MAD) trial for CD101 IV
reinforce the compound’s excellent safety and tolerability: CD101 was
well tolerated systemically across the entire dose range; no serious or
severe adverse events were seen. No clinical chemistry or hematology
safety concerns were observed at any dose. All patients completed dosing
in this multiple dose study.

“We are extremely encouraged by the Phase 1 multiple ascending dose
study-data, which are consistent with the results of the single
ascending dose study and thereby reinforce that CD101 IV is very well
tolerated across a range of doses designed to provide high exposures,”
said Jeff Stein, Ph.D., president and CEO of Cidara. “These data provide
us with further confidence that CD101 IV can be developed as a safe,
high-exposure, once-weekly treatment for severe fungal infections. We
are now poised to advance into patients with candidemia in a
comparator-controlled phase 2 trial in the coming months.”

The CD101 IV Phase 1 MAD trial was a randomized, double-blind,
placebo-controlled, dose-escalation study designed to establish the
safety, tolerability, and pharmacokinetics of multiple intravenous doses
of CD101 IV. The study enrolled 24 healthy adult volunteers in dose
cohorts of 100 mg, 200 mg, and 400 mg. In each cohort of eight subjects,
six subjects received CD101 IV and two subjects received placebo. The
100mg and 200mg cohorts each received two doses of CD101 IV dosed one
week apart, while the 400mg cohort received three once-weekly doses.
Subjects were monitored for safety assessments and pharmacokinetics for
three weeks following infusion.

Based on the results from the single and multiple ascending dose
studies, Cidara plans to initiate a Phase 2 trial of CD101 IV in
candidemia in the first half of 2016. More information about the Phase 1
trials for CD101 IV is available on using the study
codes for the SAD trial: NCT02516904 and the MAD trial: NCT02551549.

About Cidara Therapeutics

Cidara is a clinical stage biotechnology company focused on the
discovery, development and commercialization of novel anti-infectives
for the treatment of diseases that are inadequately addressed by current
standard-of-care therapies. Cidara’s initial product portfolio comprises
two formulations of the company’s novel echinocandin, CD101. CD101 IV is
a long-acting therapy for the treatment and prevention of serious,
invasive fungal infections. CD101 topical is for the treatment of
vulvovaginal candidiasis (VVC) and recurrent VVC (RVVC), a prevalent
mucosal infection. 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 is headquartered in San Diego,
California. For more information, please visit

Forward-Looking Statements

Statements contained in this press release regarding matters that are
not historical facts 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. Such statements include, but are not limited
to, statements regarding the effectiveness, safety, long-acting nature,
anticipated human dosing and other attributes of CD101 IV and its
potential to treat infections, the incidence of fungal infections, and
the effectiveness of and treatment protocols for competitive therapies.
Risks that contribute to the uncertain nature of the forward-looking
statements include: the success and timing of Cidara’s preclinical
studies and clinical trials; regulatory developments in the United
States and foreign countries; changes in Cidara’s plans to develop and
commercialize its product candidates; Cidara’s ability to obtain
additional financing; Cidara’s ability to obtain and maintain
intellectual property protection for its product candidates; and the
loss of key scientific or management personnel. These and other risks
and uncertainties are described more fully in Cidara’s Form 10-Q filed
with the United States Securities and Exchange Commission (SEC), under
the heading “Risk Factors.” All forward-looking statements contained in
this press release speak only as of the date on which they were made.
Cidara undertakes no obligation to update such statements to reflect
events that occur or circumstances that exist after the date on which
they were made.

Westwicke Partners, LLC
Robert H. Uhl
(858) 356-5932
Brown Inc.
Mike Beyer
(312) 961-2502