Syndax

Syndax

Develops therapies for difficult-to-treat cancers

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 them to market after receiving regulatory approval. Syndax's main product, Entinostat, is currently in 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.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • FDA approval of Niktimvo™ highlights Syndax's success in innovative cancer therapy development.
  • Positive trial results for Revuforj® indicate strong potential in acute leukemia treatment.
  • Stifel Financial's investment shows confidence in Syndax's innovative cancer therapy pipeline.

What critics are saying

  • Potential legal challenges from fiduciary duty breaches could impact Syndax's financial stability.
  • Pressure to meet sales projections for Niktimvo™ could affect Syndax's market performance.
  • Shareholder dissatisfaction may arise from inducement grants perceived as excessive.

What makes Syndax unique

  • Syndax focuses on innovative cancer therapies targeting specific receptors like CSF-1R.
  • The company develops combination therapies, enhancing treatment outcomes for difficult-to-treat cancers.
  • Syndax's pipeline includes unique drugs like Entinostat and Revuforj® for targeted cancer treatment.

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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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

9%

2 year growth

9%
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 Niktimvo™ (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.

PR Newswire
Jan 3rd, 2025
Syndax Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)

WALTHAM, Mass., Jan. 3, 2025 /PRNewswire/ -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that on January 1, 2025 the Company granted inducement awards to purchase up to 123,100 shares of common stock to five new employees under the Company's 2023 Inducement Plan. The stock options will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date and 1/48th of the underlying shares vesting monthly thereafter over 36 months, subject to the employee's continued service relationship with Syndax through the applicable vesting dates.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. Fueled by our commitment to reimagining cancer care, Syndax is working to unlock the full potential of its pipeline and is conducting several clinical trials across the continuum of treatment. For more information, please visit www.syndax.com or follow the Company on X and LinkedIn.Syndax ContactSharon KlahreSyndax Pharmaceuticals, Inc.[email protected]Tel 781.684.9827SOURCE Syndax Pharmaceuticals, Inc

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