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SCYNEXIS Secures Up to $214 Million in BARDA Contract for Antifungal Development

PUBLIC · SCYXSep 25, 2026

Amount Raised

$214 Million

Round Type

Funding Round

Jersey CityBiotechnologyHealth Care

Investors

Biomedical Advanced Research And Development Authority

Description

On September 25, 2026, SCYNEXIS, Inc. entered into a BARDA Contract with the Biomedical Advanced Research and Development Authority. This contract provides potential non-dilutive funding of up to $214 million to support the development of SCY-247. Initially, approximately $18.5 million will be used to advance the drug into a Phase 2 study for invasive candidiasis

Company Information

Company

SCYNEXIS

Location

Jersey City, New Jersey, United States

About

SCYNEXIS, Inc. is a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections.

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