Syndax Pharmaceuticals Inc
A biopharmaceutical company in Waltham, Massachusetts, Syndax makes two FDA-approved cancer therapies: Revuforj, a first-in-class menin inhibitor for certain acute leukemias, and Niktimvo, an antibody for chronic graft-versus-host disease after bone-marrow transplants. Founded in 2005 with help from a Salk Institute scientist, it launched both drugs in 2024, the year it became a commercial-stage company. Its coined name is thought to blend scientific innovation with its business aims.
10-Q · Quarter ended Jun 30, 2026 · SEC filing ↗
Product sales resumed their climb after one quarter of decline. rose 91.8% to $72.8M and the narrowed to $40.0M as commercial activity scaled, while cash and equivalents rose to $336.5M after a financing. The company has revenue and cash, but fell to $15.1M.
Syndax states no material pending legal proceedings and records no contingent liabilities as of June 30, 2026.
Convertible debt creates liquidity, dilution, and accounting risks that could materially pressure financial condition and stock price.