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Press Releases

Cidara Therapeutics and Square 1 Bank Announce $20 Million Credit Facility

SAN DIEGO, Nov. 02, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, and Square 1 Bank, a division of Pacific Western Bank, announced they have entered into an agreement for a $20 million credit facility. Proceeds from the facility will provide working capital to support Cidara's CD101 and CD201 programs which are in development to treat serious fungal and multi-drug resistant bacterial infections.…
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November 2, 2016
Press Releases

Cidara Therapeutics Announces Data from Studies of Novel Antifungal CD101 to be Presented at ACCP and IDWeek Annual Meetings

Data Highlight Safety and Efficacy of CD101 IV and CD101 Topical for the Treatment of Fungal Infections SAN DIEGO - Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today announced that data from preclinical and clinical studies evaluating its novel echinocandin antifungal CD101 as a potential treatment for serious infections will be presented at the 2016 American College of Clinical Pharmacy (ACCP) Annual Meeting in Hollywood, Florida from October 23-26…
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October 24, 2016
Press Releases

Cidara Therapeutics Announces Closing of Public Offering of Common Stock, Including Exercise of Underwriter’s Option to Purchase Additional Shares

SAN DIEGO, Oct. 13, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today announced the closing of its previously announced underwritten public offering of 2,475,248 shares of its common stock, plus 277,389 additional shares sold pursuant to the underwriter's partial exercise of its option to purchase additional shares, each at a price to the public of $10.10 per share. Including this option exercise, the gross proceeds to Cidara from…
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October 13, 2016
Press Releases

Cidara Therapeutics Announces Pricing of Public Offering of Common Stock

SAN DIEGO, Oct. 07, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today announced the pricing of an underwritten public offering of 2,475,248 shares of its common stock at a price to the public of $10.10 per share. The gross proceeds to Cidara from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $25.0 million. The offering is expected to close…
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October 7, 2016
Press Releases

Cidara Therapeutics Announces Commencement of Public Offering of Common Stock

SAN DIEGO, Oct. 06, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today announced that it has commenced an underwritten public offering of its common stock. Cidara also expects to grant the underwriter of the offering a 30-day option to purchase additional shares of its common stock at the public offering price. The offering is subject to market conditions, and there can be no assurance as to whether or…
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October 6, 2016
Press Releases

Cidara Therapeutics Selects First Development Candidate from its CloudbreakTM Immunotherapy Discovery Platform

CD201 Demonstrates Potential to Treat Life-Threatening Multi-Drug Resistant Gram-negative Bacterial Infections SAN DIEGO - Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today announced that the company has selected the first development candidate from its proprietary immunotherapy discovery platform, Cloudbreak™. Cloudbreak is the first platform of its kind designed specifically to create compounds that direct a patient's immune cells to attack and eliminate bacterial, fungal or viral microbial pathogens. The…
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September 21, 2016
Press Releases

Cidara Therapeutics to Present at the Leerink Partners Roundtable Series: Rare Disease & Immuno-Oncology

SAN DIEGO, Sept. 20, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced it will participate in a fireside chat at the Leerink Partners Roundtable Series: Rare Disease & Immuno-Oncology on Wednesday, September 28, 2016. Jeffrey Stein, Ph.D., president and chief executive officer of Cidara, is scheduled to present at 3:05 p.m. EDT (12:05 p.m. PDT). The conference is being held in…
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September 20, 2016
Press Releases

Cidara Therapeutics Announces Clinical Management Team Changes

SAN DIEGO - Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, announced that the company has named Taylor Sandison, M.D., M.P.H., its vice president, clinical development, to the position of acting chief medical officer, effective September 2, 2016. Dr. Sandison will replace Dirk Thye, M.D., Cidara's previous chief medical officer, who has accepted a CEO position at a non-competing San Francisco Bay Area-based biotech…
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September 1, 2016
Press Releases

Cidara Reports Second Quarter 2016 Financial Results and Provides Corporate Update

SAN DIEGO, Aug. 11, 2016 -- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today reported financial results for the three months ended June 30, 2016 and provided an update on its corporate activities and product pipeline. "Cidara has made notable clinical progress in the second quarter and subsequently as we dosed the first patients in our STRIVE and RADIANT Phase 2 trials of CD101.…
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August 11, 2016
Press Releases

Cidara Therapeutics Announces Presentations Addressing Vulvovaginal Candidiasis at Upcoming IDSOG Annual Meeting

Presentations Will Highlight Data from Studies of Novel Echinocandin CD101 and Reinforce the Unmet Need for Effective New VVC Treatments SAN DIEGO - Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced that data from preclinical studies evaluating its novel Phase 2 echinocandin CD101 as a topical treatment for vulvovaginal candidiasis (VVC) will be presented at the annual meeting of the Infectious Diseases Society…
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August 9, 2016