Cidara Therapeutics Inc
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Health Care : Biotechnology | Small Cap Value
Company profile

Cidara Therapeutics Inc., is a clinical-stage biotechnology company focused on developing new anti-infectives. The Company’s lead product candidate is rezafungin acetate, which is a molecule in the echinocandin class of antifungals for the treatment and prevention of serious invasive fungal infections, including candidemia and invasive candidiasis, fungal infections associated with high mortality rates. The Company is also leveraging its novel Cloudbreak platform to develop antibody-drug conjugates for the treatment of serious viral and Gram-negative bacterial infections. Cloudbreak is the immunotherapy discovery platform designed specifically to create compounds that directly kill pathogens and also direct a patient’s immune cells to attack and eliminate bacterial, fungal or viral pathogens.

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Jack in the Box pulls 2020 guidance due to coronavirus

4:27 pm ET April 15, 2020 (MarketWatch)

Jack in the Box Inc. (JACK) said late Wednesday that it was withdrawing its 2020 guidance due to the COVID-19 pandemic and was projecting a quarterly same-store sales decrease of 4.2%. Jack in the Box shares rose 0.4% in the extended session. The company said that it had minimal temporary closures and were operating in an "off-premise" capacity. Jack in the Box said it had paused its share repurchase program and did not buy back shares in the second quarter, which ended April 12. The restaurant chain said it expects to report $165 million in cash at the end of the second quarter and that it will update when it can estimate the impacts of the coronavirus on its operations.

-Max A. Cherney; 415-439-6400;

(END) Dow Jones Newswires

April 15, 2020 16:27 ET (20:27 GMT)

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