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Press Releases

Cidara Therapeutics to Present at the Wedbush PacGrow 2015 Healthcare Conference

Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced it will be participating in the Wedbush PacGrow 2015 Healthcare Conference. Jeff Stein, Ph.D., president and chief executive officer of Cidara, is scheduled to present at 12:45 p.m. EDT (9:45 a.m. PDT) on Wednesday, August 12, 2015 in New York. A live audio webcast and replay will be available in the Investors section on the company website at http://www.cidara.com. About Cidara Therapeutics Cidara is…
Cidara
August 5, 2015
Press Releases

Cidara Therapeutics Initiates Phase 1 Study of Lead Antifungal Product Candidate CD101 IV

Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced the initiation of a Phase 1, randomized, double-blind, dose-escalation study to determine the safety, tolerability, and pharmacokinetics of CD101 IV in healthy subjects. “The advancement of our first product candidate into the clinic ahead of schedule is a significant next step toward our mission to address the urgent need for effective new antifungal treatments,” said Jeffrey Stein,…
Cidara
August 3, 2015
Press Releases

Cidara Therapeutics Set to Join Russell Indexes

Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced that it is set to join the Russell 3000®, Russell 2000®, and Russell Microcap® Indexes at the conclusion of the annual reconstitution of Russell indexes on June 26, 2015. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The Russell 2000 Index measures the performance…
Cidara
June 23, 2015
Press Releases

Cidara Reports First Quarter 2015 Financial Results and Provides Corporate Update

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 quarter ended March 31, 2015 and provided an update on its corporate activities and product pipeline. First Quarter 2015 and Subsequent Highlights Granted Qualified Infectious Disease Product (QIDP) and Fast Track Designations for CD101 IV by FDA: On May 11, 2015, Cidara announced that the U.S. Food and Drug Administration (FDA) designated its lead antifungal product candidate, CD101 IV,…
Cidara
May 21, 2015
Press Releases

FDA Grants QIDP and Fast Track Designations to CD101 IV, Cidara Therapeutics’ Lead Antifungal Product Candidate

-CD101 IV designated for treatment of serious or life-threatening Candida infections- Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced that the U.S. Food and Drug Administration (FDA) has designated the company’s lead antifungal product candidate, CD101 IV, as a Qualified Infectious Disease Product (QIDP) with Fast Track status. The QIDP and Fast Track designations are for the use of CD101 IV in the…
Cidara
May 11, 2015
Press Releases

Cidara Therapeutics Announces Pricing of Initial Public Offering

Cidara Therapeutics, Inc. (Nasdaq:CDTX), a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, today announced the pricing of its initial public offering of 4,800,000 shares of common stock, an increase of 800,000 shares from the number of shares originally offered, at a public offering price of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Market today (April 15, 2015) under the ticker symbol "CDTX." In addition, Cidara has granted…
Cidara
April 15, 2015
Press Releases

Robert Perez and Timothy Franson Join Cidara Board of Directors

Cidara Therapeutics, Inc., a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, announced today that Robert J. Perez and Timothy R. Franson, M.D., have joined the company’s Board of Directors. “Mr. Perez and Dr. Franson are recognized leaders in the biotechnology and pharmaceutical industries and bring a wealth of complimentary operational experience to our board,” said Jeff Stein, Ph.D., chief executive officer of Cidara. “I have had the privilege to…
Cidara
March 16, 2015
Press Releases

Cidara Completes $42 Million Private Series B Financing

Proceeds Will Advance Novel Anti-Infectives into Clinical Studies Cidara Therapeutics, Inc., a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, announced today the completion of a $42 million private Series B financing. Participants in the financing comprise a syndicate of healthcare-dedicated institutional investors and include both new and existing investors in Cidara. “We appreciate the support and confidence demonstrated by our new and existing investors in this round,” said Jeff…
Cidara
February 11, 2015
Press Releases

Cidara Appoints Paul Daruwala to Chief Commercial Officer and James Balkovec to SVP of Research

Cidara Therapeutics, Inc., a biotechnology company developing novel anti-infectives and immunotherapies to treat fungal and other infections, announced today the appointments of Paul Daruwala as chief commercial officer and James Balkovec, Ph.D. as senior vice president, Research. Paul Daruwala has more than 22 years of experience in the biopharmaceutical industry and joins Cidara to lead commercial and business development strategy and execution. Paul joins Cidara from Bristol Myers Squibb, where he served as vice president of the U.S. Viral…
Cidara
February 9, 2015
Press Releases

Cidara Named to FierceBiotech’s Fierce 15

Cidara has been named by FierceBiotech as one of 2014’s Fierce 15 biotechnology companies, designating it as one of the most promising private biotechnology companies in the industry. “Welcome back Jeff Stein and Kevin Judice, two biotech execs who are part of the new biotech redux generation,” says John Carroll, editor of FierceBiotech. “Both have had successful turns in previous startups (Trius and Achaogen), and the recent wave of acquisitions and IPOs has left them…
Cidara
September 22, 2014