Cidara Therapeutics Doses First Subjects In Phase 2b NAVIGATE Trial Of CD388 In The Prevention Of Seasonal Influenza
Portfolio Pulse from Benzinga Newsdesk
Cidara Therapeutics has initiated dosing in the Phase 2b NAVIGATE trial for CD388, a drug aimed at preventing seasonal influenza. This marks a significant step in the development of CD388, potentially impacting Cidara's future prospects.
September 23, 2024 | 12:04 pm
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Cidara Therapeutics has dosed the first subjects in its Phase 2b NAVIGATE trial for CD388, a drug for preventing seasonal influenza. This development could positively influence Cidara's stock as it progresses in its drug pipeline.
The initiation of the Phase 2b trial for CD388 is a critical milestone in Cidara's drug development process. Successful progression in clinical trials often leads to increased investor confidence and potential stock price appreciation. The focus on seasonal influenza, a significant health concern, adds to the potential market impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100