Syndax

Syndax

Develops cancer therapies and conducts clinical trials

About Syndax

Simplify's Rating
Why Syndax is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Headquarters

Waltham, Massachusetts

Founded

2005

Overview

Syndax Pharmaceuticals develops and commercializes therapies specifically for cancer patients, focusing on challenging cases like hormone receptor-positive (HR+) and human epidermal growth factor receptor 2-negative (HER2-) breast cancer. The company conducts research and clinical trials to test the safety and effectiveness of its drugs, aiming to bring new treatments to market after receiving regulatory approval. Syndax's main product, Entinostat, is currently in clinical trials combined with Exemestane for treating HR+, HER2- breast cancer. Unlike many competitors, Syndax targets underserved patient populations and seeks to establish partnerships to enhance its market reach. The goal of Syndax is to improve cancer treatment options through the development of innovative therapies and to support its operations through strategic capital raises.

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Simplify's Take

What believers are saying

  • FDA approval of Niktimvoâ„¢ positions Syndax uniquely in the chronic GVHD market.
  • Positive AUGMENT-101 trial data enhances Revuforj®'s potential in acute leukemia treatment.
  • Stifel Financial's investment indicates confidence in Syndax's growth and financial stability.

What critics are saying

  • Potential fiduciary breaches could lead to legal challenges and affect investor confidence.
  • Reliance on clinical trial outcomes poses risks if results don't meet expectations.
  • Leadership changes with Dr. Botwood's appointment could disrupt ongoing projects.

What makes Syndax unique

  • Syndax focuses on innovative cancer therapies for difficult-to-treat cancers.
  • The company develops axatilimab, a unique CSF-1 receptor blocker for chronic GVHD.
  • Syndax's entinostat targets HR+, HER2- breast cancer, differentiating it in the oncology market.

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Funding

Total Funding

$767.5M

Above

Industry Average

Funded Over

9 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Remote Work Options

Professional Development Budget

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↓ -2%

1 year growth

↑ 1%

2 year growth

↑ 5%
Syndax Pharmaceuticals
May 12th, 2025
Press Release Details

Syndax Pharmaceuticals appoints Dr. Nicholas Botwood as Head of Research and Development and Chief Medical Officer.

The Manila Times
Apr 2nd, 2025
Syndax Announces Participation at the Stifel 2025 Virtual Targeted Oncology Forum

Syndax announces participation at the Stifel 2025 Virtual Targeted Oncology Forum.

PR Newswire
Jan 30th, 2025
Syndax Announces Participation In February Investor Conferences

WALTHAM, Mass., Jan. 30, 2025 /PRNewswire/ -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that Michael A. Metzger, Chief Executive Officer of Syndax, as well as members of the Syndax management team, will participate in the following upcoming investor conferences:Guggenheim SMID Cap Biotech Conference in New York, NY with a fireside chat on Thursday, February 6, 2025 , at 10:30 a.m. ETin with a fireside chat on , at Citi's 2025 Virtual Oncology Leadership Summit with a fireside chat on Wednesday, February 19, 2025 , at 9:00 a.m. ETA live webcast of the fireside chats will be available in the Investor section of the Company's website at www.syndax.com, where a replay will also be available for a limited time.About SyndaxSyndax Pharmaceuticals is a commercial-stage biopharmaceutical company developing an innovative pipeline of cancer therapies. Highlights of the Company's pipeline include Revuforj® (revumenib), an FDA-approved menin inhibitor, and Niktimvo™ (axatilimab-csfr), an FDA-approved monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor

PR Newswire
Jan 15th, 2025
Incyte And Syndax Announce U.S. Food And Drug Administration (Fda) Approval Of Niktimvoâ„¢ (Axatilimab-Csfr) 9 Mg And 22 Mg Vial Sizes

– U.S. launch expected in early February –– Niktimvo is the first and only approved treatment for chronic GVHD that targets CSF-1R to reduce the drivers of inflammation and fibrosis –– Pivotal data from the AGAVE-201 trial supporting FDA approval show treatment with Niktimvo resulted in durable responses across all organs studied and patient subgroups –WILMINGTON, Del. and WALTHAM, Mass., Jan. 15, 2025 /PRNewswire/ -- Incyte (Nasdaq:INCY) and Syndax Pharmaceuticals (Nasdaq:SNDX) today announced that the U.S. Food and Drug Administration (FDA) has approved Niktimvo™ (axatilimab-csfr) in 9 mg and 22 mg vial sizes. The Companies expect product to be available for order in the U.S

Stock Titan
Jan 7th, 2025
Syndax Announces Presentation at 43rd Annual J.P. Morgan Healthcare Conference

Syndax announces presentation at 43rd Annual J.P. Morgan Healthcare Conference.

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