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week, and investors traded the biotech's stock up as a result. It closed Friday nearly 7% higher in price, easily outpacing the 0.6% increase of the bellwether S&P 500 index.Just after market close Thursday, Cidara announced that the first patients in a phase 3 trial of its CD388, an investigational flu treatment, had been dosed with the medication.Image source: Getty Images.The medicine, a non-vaccine preventive, targets seasonal influenza in populations that are at high risk for complications of the affliction. The launch of the trial comes after the clinical-stage biotech reported encouraging performance of the treatment in a phase 2b trial.The late-stage trial is planned as a double-blind and placebo controlled study to evaluate the drug's safety and efficacy. Both youth and adults will participate in it, and Cidara aims to have immunocompromised people form at least 10% of the total number of participants.The healthcare company pointed out one significant advantage of CD388 -- since it's not a vaccine, its effectiveness isn't based on an immune response from the patient. Such a medicine can be useful in a range of situations, as it can be administered to people who don't respond to vaccines, or to those who feel that vaccines are inherently harmful.Flu is very much on the minds of both medical professionals and the general public, as we're entering the peak season for it -- so the timing of Cidara's announcement seems ideal. A non-vaccine jab can be a very compelling product if the treatment does well in the new study, and ultimately is approved by regulators and commercialized.Before you buy stock in Cidara Therapeutics, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cidara Therapeutics wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $651,593!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,089,215!*Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,643.70 +38.98 (+0.59%)Dow 3046,247.29 +299.97 (+0.65%)Nasdaq22,484.07 +99.37 (+0.44%)Russell 20002,434.32 +23.28 (+0.97%)VIX15.29 -1.45 (-8.66%)Gold3,809.00 +37.90 (+1.01%)PortfolioSign in to access your portfolioSign inTop gainersCRNX Crinetics Pharmaceuticals, Inc. 45.91 +10.02 (+27.92%)QMMM QMMM Holdings Limited 119.40 +19.40 (+19.40%)EA Electronic Arts Inc. 193.35 +25.03 (+14.87%)SRRK Scholar Rock Holding Corporation 38.75 +4.26 (+12.35%)PPTA Perpetua Resources Corp. 21.16 +2.16 (+11.37%)Top losersCNXC Concentrix Corporation 47.66 -7.33 (-13.33%)MP MP Materials Corp. 68.63 -8.50 (-11.02%)KC Kingsoft Cloud Holdings Limited 15.64 -1.83 (-10.48%)IREN IREN Limited 41.86 -4.43 (-9.57%)OKLO Oklo Inc. 110.53 -8.60 (-7.22%)Most activeINTC Intel Corporation 35.50 +1.51 (+4.44%)OPEN Opendoor Technologies Inc. 8.81 -0.28 (-3.08%)SNAP Snap Inc. 8.27 -0.06 (-0.72%)NVDA NVIDIA Corporation 178.19 +0.50 (+0.28%)F Ford Motor Company 12.01 +0.39 (+3.36%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersFWONK Formula One Group 104.93 +0.97 (+0.93%)BTC-USD Bitcoin USD 109,448.10 -303.69 (-0.28%)PPL PPL Corporation 36.72 +0.56 (+1.55%)AMKR Amkor Technology, Inc. 29.03 -0.14 (-0.46%)XRP-USD XRP USD 2.78 -0.00 (-0.04%)Top economic events