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BREXAFEMME® (ibrexafungerp tablets) Added to Major National Formulary, Providing Access for Millions More Commercially Insured Patients
A novel first-in-class, one-day oral antifungal treatment, BREXAFEMME is now covered for more than 45% of commercially insured patients in the U.S. JERSEY
About this update from Scynexis, Inc.
[{"type":"text","content":"A novel first-in-class, one-day oral antifungal treatment, BREXAFEMME is now covered for more than 45% of commercially insured patients in the U.S.\nJERSEY CITY, N.J., Dec. 20, 2021 (GLOBE NEWSWIRE) -- SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant fungal infections, today announced that BREXAFEMME® (ibrexafungerp tablets) has been added to a major national formulary, bringing total coverage for this innovative product to more than 45% of commercially insured patients in the U.S., according to the MMIT database, commonly used to track insurance coverage. “We are extremely pleased to achieve such a significant level of reimbursement coverage, representing nearly half of commercially insured patients, so early in the launch of BREXAFEMME,” said Christine Coyne, Chief Commercial Officer of SCYNEXIS. “This formulary coverage allows appropriate patients to more easily access BREXAFEMME and reinforces recognition by payers of the unmet need that BREXAFEMME is filling for patients with VVC.” BREXAFEMME is a novel first-in-class fungicidal triterpenoid antifungal, designed to kill the yeast causing the infection, including azole-resistant strains. It was approved by the U.S. Food and Drug Administration (FDA) in June 2021 as a treatment for vulvovaginal candidiasis (VVC), commonly referred to as vaginal yeast infection. The one-day oral medication represents the first new antifungal class approved by the FDA in more than 20 years.1 About Vulvovaginal Candidiasis (VVC) Vulvovaginal Candidiasis (VVC), commonly known as a vaginal yeast infection due to Candida, is the second most common cause of vaginitis. Although frequently caused by Candida albicans, infections caused by fluconazole-resistant and non-albicans Candida strains, such as Candida glabrata, have been reported to be on the rise.2 VVC can be associated with significant discomfort (pain, itching, burning), reduced sexual pleasure and activity, psychological distress (stress, depression, anxiety), embarrassment, reduced physical activity, and loss of productivity. An estimated 70-75% of women worldwide will have at least one episode of VVC in their lifetime, and 40-50% of those will experience multiple episodes.3 About BREXAFEMME® (ibrexafungerp tablets) BREXAFEMME is a novel ora...