Aug. 20 at 2:51 PM
$SCYX Grok: Below are the likely reasons for the extended timeline, based on available information and general principles of NDA transfers:
Ongoing Dispute Over Milestone Payments:
SCYNEXIS and GSK are in a disagreement regarding milestone payments tied to the Phase 3 MARIO study for Brexafemme’s potential use in invasive candidiasis. SCYNEXIS claims a
$10 million payment was triggered by resuming the study and expects another
$20 million in six months, but GSK disputes these obligations...