Cidara Therapeutics (CDTX) Reports Q4 Loss of $0.88/Share

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Cidara Provides Corporate Update and Reports Fourth Quarter and Full Year 2016 Financial Results

March 15, 2017 5:22 PM EDT

SAN DIEGO, March 15, 2017 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing novel anti-infectives including immunotherapies, today reported financial results for the three months and full year ended December 31, 2016 and provided an update on its corporate activities and product pipeline.

Cidara continued to make progress throughout the year in moving our development programs forward, said Jeffrey Stein, Ph.D., president and chief executive officer of Cidara. We executed on our CD101 clinical programs, strengthened our finances and selected a development candidate, CD201, from our Cloudbreak immunotherapy program for the treatment of multi-drug resistant... More