60 Degrees Pharmaceuticals Cures Three Patients of Relapsing Babesiosis
60 Degrees Pharmaceuticals announced that three of three enrolled patients have been cured of babesiosis after completing the tafenoquine regimen in the Company's trial of relapsing babesiosis in immunosuppressed patients. The Company's expanded use trial is an open-label, expanded access, multi-site study evaluating the safety and efficacy of the ARAKODA regimen of tafenoquine combined with atovaquone and other antimalarials/antibiotics administered to patients with risk factors for severe disease with relapsing babesiosis who have previously failed conventional antimicrobial regimens. It aims to confirm the high cure rate from the addition of tafenoquine in these patients, as reported by the Yale School of Public Health in a 2024 Clinical Infectious Diseases publication. For this study, tafenoquine treatment is continued for up to one year until two consecutive negative PCR tests for Babesia parasites are recorded and symptoms of babesiosis are resolved. Sixty to ninety days following clinical resolution and cessation of study drug administration, the study protocol calls for a follow-up visit at which two molecular tests are administered to assess parasite infection status. One test is an RT-PCR from Mayo Clinic. The second is a U.S. Food and Drug Administration-approved RNA amplification test used for blood donation screening that is at least 1,000 times more sensitive than standard commercial RT-PCRs such as the Mayo test. A patient is considered cured if no evidence of infection is detected following treatment. The Yale study reported an apparent treatment success rate of 100 percent in four patients when an atovaquone-containing standard of care regimen was combined with weekly tafenoquine administered until two sequential non-reactive conventional PCRs were noted. The fifth patient in the Yale study was administered weekly tafenoquine monotherapy, then azithromycin/atovaquone; the triple regimen was not sustained until consecutive negative PCRs were noted, and so was not successful. That same final patient in the Yale study was the third patient in the Company's expanded access study, and a quadruple combination of atovaquone/azithromycin/proguanil and weekly tafenoquine sustained until two negative PCRs were noted was ultimately curative as demonstrated through a non-reactive RNA amplification test following treatment. Cure was achieved with a triple combination of tafenoquine, atovaquone, and an antibiotic for the first two patients enrolled in the study. Collectively, in the seven patients evaluated, the data suggest that the cure rate for relapsing babesiosis in immunosuppressed patients approaches 100 percent when weekly tafenoquine is added to a patient's background atovaquone-containing combination regimen and sustained until two negative PCRs are noted. Given the rarity of relapsing immunosuppressed patients and the high cure rate associated with adding tafenoquine, the Company believes it is an appropriate time for widely accepted treatment guidelines to be reviewed in light of the new data.
Trade with 70% Backtested Accuracy
Analyst Views on SXTP
About SXTP
About the author

- Disappointing Earnings: 60 Degrees Pharmaceuticals reported a FY 2025 GAAP EPS of -$11.73, missing expectations by $4.83, indicating ongoing challenges in profitability that could undermine investor confidence.
- Lackluster Revenue Growth: The company achieved revenue of $1 million, a 63.9% year-over-year increase, yet it fell short of the $1.05 million forecast, suggesting that despite growth, it failed to meet market expectations, potentially impacting future financing capabilities.
- Slight Gross Profit Increase: Gross profit for 2025 was approximately $223.8 thousand, up from $222.8 thousand in 2024, reflecting efforts in cost control, yet overall profitability remains weak.
- Cautious Market Reaction: Given the earnings report's failure to meet expectations, investors are likely to adopt a cautious stance towards 60 Degrees Pharmaceuticals' future prospects, which may lead to stock price volatility and decreased market confidence.

- FDA Notification Deadline: 60 Degrees Pharmaceuticals submitted a New Dietary Ingredient Notification for Australian Chestnut Extract to the FDA on March 11, 2026, with a deadline for objections set for May 25, 2026, after which the company can freely market the supplement, potentially opening new market opportunities.
- License Agreement Expansion: The company has signed an option agreement with Florida State University to license rights related to new capsule formulation methods, building on its January 2026 exclusive rights acquisition for large-scale purification of Castanospermine, indicating ongoing investment in product development.
- Scientific Basis Support: The primary component of Australian Chestnut Extract, Castanospermine, has shown in animal models to impact disease outcomes and modulate carbohydrate metabolism at low doses, providing a scientific foundation for future clinical applications and enhancing the market competitiveness of the company's products.
- Company Background: Founded in 2010, 60 Degrees Pharmaceuticals focuses on developing new medicines for vector-borne diseases, with its lead product ARAKODA receiving FDA approval in 2018 and currently available in the U.S. and Australia, demonstrating the company's solid position and growth potential in the industry.
- Stock Price Movement: 60 Degrees Pharmaceuticals saw a 7.90% decline in premarket trading at $2.68 after a 9.6% drop on Thursday, indicating market concerns regarding its recent performance.
- Clinical Trial Success: The company reported a nearly 100% cure rate in its babesiosis trial with tafenoquine treatment, providing strong support for its future market potential and positioning it favorably against competitors.
- Partnership Expansion: 60 Degrees Pharmaceuticals partnered with Runway Health to enhance pre-departure access to ARAKODA through a travel health platform, allowing international travelers to obtain physician-led online consultations, thereby increasing its market penetration.
- Analyst Ratings: The stock carries a Buy rating with an average price target of $17.60, with HC Wainwright & Co. raising its target to $24.00, reflecting analysts' confidence in the company's growth prospects.
- Clinical Trial Success: 60 Degree Pharmaceuticals announced that all three patients in its expanded use clinical trial for Tafenoquine were cured of relapsing babesiosis, highlighting the drug's potential as a breakthrough therapy in the absence of FDA-approved treatments.
- Efficacy Validation: Cure was confirmed through two consecutive negative PCR tests and symptom resolution, with all patients achieving sustained clearance consistent with Yale's earlier report of a 100% cure rate, indicating the drug's effectiveness in immunosuppressed individuals.
- Broad Market Potential: Currently, Tafenoquine is FDA-approved only for malaria prophylaxis in the U.S., but 60 Degree Pharmaceuticals is actively pursuing additional indications in vector-borne diseases, which is expected to drive future revenue growth.
- Strong Financial Performance: In Q3 2025, ARAKODA generated net product revenue of $438,000, a significant increase of 223% compared to $135,000 in Q3 2024, indicating a rapidly growing market demand for the drug.
- Strong Dow Performance: The Dow Jones index rose over 100 points on Monday, gaining 0.33% to reach 49,259.65, reflecting optimistic market sentiment regarding economic recovery.
- Steel Sector Earnings Miss: Steel Dynamics Inc. reported Q4 earnings of $1.82 per share, missing the $1.95 consensus estimate, with sales of $4.414 billion also falling short of the $4.575 billion forecast, indicating challenges within the industry.
- Oil and Gas Stocks Surge: Battalion Oil Corp. shares skyrocketed 379% to $6.13 after switching gas processing partners and boosting production, while Brand Engagement Network Inc. surged 196% to $48.79 following a strategic partnership announcement, highlighting strong investor interest.
- Economic Data Improvement: U.S. durable goods orders rose 5.3% month-over-month in November, exceeding the 3.7% market estimate, following a revised 2.1% decline in October, suggesting a gradual recovery in economic activity.
- Earnings Beat: Baker Hughes reported adjusted earnings of 78 cents per share for Q4, surpassing market expectations of 67 cents, indicating strong performance in the oil and gas sector, which is likely to boost investor confidence.
- Sales Growth: The company's quarterly sales reached $7.386 billion, exceeding expectations of $7.068 billion, reflecting its competitive edge amid recovering market demand and potentially driving future business expansion.
- Stock Price Surge: Baker Hughes shares rose 3.7% to $55.81 in pre-market trading, indicating a positive market reaction to its financial performance, which may attract more investor interest.
- Industry Impact: This earnings improvement not only strengthens Baker Hughes' market position but could also positively influence the entire oil and gas industry, prompting other companies to increase investment and innovation efforts.










