MedPath

Cidara Therapeutics

Cidara Therapeutics logo
🇺🇸United States
Ownership
Public
Established
2012-01-01
Employees
69
Market Cap
-
Website
http://www.cidara.com
Introduction

Cidara Therapeutics, Inc. is a biotechnology company, which engages in the discovery, development, and commercialization of therapeutics for patients facing serious diseases, specifically oncology and infectious diseases. Its product pipeline includes Rezafungin Acetate and Cloudbreak. The company was founded by Kevin M. Forrest, Kevin J. Judice, and H. Shaw Warren in December 2012 and is headquartered in San Diego, CA.

Cidara Completes 5,000-Patient Enrollment in Phase 2b Universal Flu Prevention Trial, Secures $105M Financing

• Cidara Therapeutics has completed enrollment of 5,000 subjects in its Phase 2b NAVIGATE trial evaluating CD388, a single-dose universal influenza preventative drug. • The company secured $105 million in private placement funding led by Venrock Healthcare Capital Partners, strengthening its financial position for continued drug development. • Due to the severe 2024-25 flu season, Cidara may conduct an early efficacy analysis in the first half of 2025, potentially accelerating the timeline for Phase 3 trials.

Robust Influenza Pipeline Features 120+ Drug Candidates with Novel Approaches to Prevention and Treatment

DelveInsight's latest report reveals over 120 companies actively developing innovative therapies for influenza, including promising candidates like Moderna's mRNA-1010 vaccine and SAB Biotherapeutics' polyclonal antibody treatment. The pipeline showcases diverse therapeutic approaches, from next-generation vaccines to broad-spectrum antivirals, addressing critical needs in influenza prevention and treatment.

Cidara Therapeutics Completes Enrollment in Phase IIb Trial of CD388 for Influenza Prevention

• Cidara Therapeutics has completed enrollment in its Phase IIb NAVIGATE trial, evaluating CD388 for pre-exposure prophylaxis of seasonal influenza. • The trial enrolled 5,000 healthy, unvaccinated adults across clinical sites in the US and UK, assessing the safety and efficacy of CD388. • Participants receive single doses of CD388 (150mg, 300mg, 450mg) or placebo and are monitored for influenza breakthrough cases during the flu season. • CD388, a drug-Fc conjugate, aims to provide long-acting, universal influenza prevention, with potential to address unmet needs in seasonal flu prophylaxis.
© Copyright 2025. All Rights Reserved by MedPath