NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky announces it has commenced an investigation of SCYNEXIS, Inc. (NASDAQ:SCYX). On March 2, 2017, SCYNEXIS announced that the U.S. Food and Drug Administration ("FDA") has placed a hold on clinical trials for the intravenous formulation of the Company’s lead product candidate SCY-078 “until the FDA completes a review of all available pre-clinical and clinical data.” SCYNEXIS advised investors that “[t]he clinical hold decision was issued by the FDA following a review of three mild-to-moderate thrombotic events in healthy volunteers receiving the IV formulation of SCY-078 at the highest doses and highest concentrations in a Phase 1 study.” Following this news, shares of SCYNEXIS were down more than 16% on intraday trading on March 3, 2017. To obtain additional information, go to:
“until the FDA completes a review of all available pre-clinical and clinical data.”
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