Syndax Pharmaceuticals Inc (OQ:SNDX)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 35 Gatehouse Drive, Building D, Floor 3
WALTHAM MA 02451
Tel: N/A
Website: https://syndax.com
IR: See website
<
Key People
Neil Gallagher
President, Head of Research and Development
Michael A. Metzger
Chief Executive Officer, Director
Keith A. Goldan
Chief Financial Officer
Luke J. Albrecht
General Counsel, Secretary
Steven Closter
Chief Commercial Officer
Catherine Madigan
Chief Medical Officer
Business Overview
Syndax Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. It is focused on developing pipeline of cancer therapies. Its product candidates include revumenib, and axatilimab. It is developing revumenib, a potent, selective, small molecule inhibitor of the menin-MLL binding interaction for the treatment of KMT2A rearranged also known as mixed lineage leukemia rearranged, acute leukemias including acute lymphoblastic leukemia and acute myeloid leukemia (AML), and necleophosmin 1, also known as NPM1, mutant A. It is also exploring the use of revumenib as a treatment in solid tumors, specifically its activity in metastatic colorectal cancer. It is also developing axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1 receptor (CSF-1R) in chronic graft-versus-host disease (cGVHD), as well as idiopathic pulmonary fibrosis. Entinostat is its oral, small molecule product candidate that has direct effects on both cancer cells and immune regulatory cells.
Financial Overview
For the fiscal year ended 31 December 2023, Syndax Pharmaceuticals Inc revenues was not reported. Net loss increased 40% to $209.4M. Higher net loss reflects Research and development increase of 32% to $148.9M (expense), General and administrative increase from $23.3M to $50.1M (expense), Stock-based Compensation in R&D increase from $6M to $14.1M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$2.46 to -$2.98.
Employees: 112 as of Feb 19, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $1,189M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$229.94M as of Dec 31, 2023
Net annual income (TTM): -$209.36M as of Dec 31, 2023
Free cash flow (TTM): -$160.60M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 84,979,686 as of Mar 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.