Syndax

Syndax

Develops cancer therapies and conducts clinical trials

About

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 them 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 relies on strategic partnerships and capital raises to support its research and development efforts. The goal of Syndax is to advance cancer treatment by developing new therapies that address the needs of patients with difficult-to-treat cancers.

Company Stage

IPO

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$144.3M

Headquarters

Waltham, Massachusetts

Founded

2005


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Simplify's Take

What believers are saying

  • FDA approval of Revuforj® boosts Syndax's credibility in leukemia treatment.
  • Strategic partnerships, like with Incyte, enhance Syndax's market reach.
  • Positive clinical trial results for Revuforj® in combination therapies show promising efficacy.

What critics are saying

  • Potential legal challenges from fiduciary duty breaches could impact Syndax's reputation.
  • The competitive oncology market may affect Syndax's pricing and market share.
  • Dependence on clinical trial success for drugs like Entinostat poses financial risks.

What makes Syndax unique

  • Syndax focuses on innovative therapies for difficult-to-treat cancers.
  • The company develops unique drugs like Revuforj®, a first-of-its-kind menin inhibitor.
  • Syndax's Niktimvo™ is the only CSF-1R targeting treatment for chronic GVHD.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

10%

2 year growth

0%

Benefits

Remote Work Options

Professional Development Budget

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