Syndax

Waltham, United States Founded: 2005 • Age: 21 yrs
Targeted therapies for cancer treatment are developed.
Annual revenue $23.7M Latest available
Total funding $198.3M 11 rounds
Employees 270 Tracked headcount
Investors 15 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Syndax

Syndax is a company based in Waltham (United States) founded in 2005. Syndax has raised $198.29 million across 11 funding rounds from investors including Fidelity Investments, Orbimed and ArrowMark Partners. The company has 270 employees as of December 31, 2024. Syndax offers products and services including Revumenib and Axatilimab. Syndax operates in a competitive market with competitors including Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

  • Headquarter Waltham, United States
  • Employees 270 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Syndax Pharmaceuticals, Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $23.68 M (USD)
    0
    as on Dec 31, 2024
  • Net Profit
    -$318.76 M (USD)
    -52.25
    as on Dec 31, 2024
  • EBITDA
    -$339.66 M (USD)
    -47.72
    as on Dec 31, 2024
  • Total Equity Funding
    $198.29 M (USD)

    in 11 rounds

  • Latest Funding Round
    $35 M (USD), Post-IPO

    Jan 31, 2020

  • Investors
  • Employee Count
    270

    as on Dec 31, 2024

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IPO & Listings of Syndax

Syndax is a publicly listed company on the NASDAQ with ticker symbol SNDX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: SNDX · Sector: Health technology · USA

Products & Services of Syndax

Syndax offers a comprehensive portfolio of products and services, including Revumenib and Axatilimab.

Product name locked
Category locked
Primary

Investigates treatments for acute leukemias and genetic mutations.

Product name locked
Category locked
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Targets graft-versus-host disease and pulmonary fibrosis conditions.

People of Syndax

Headcount 50-200
Employee Profiles 66
Board Members and Advisors 6
Employee Profiles
People
Peter Ordentlich
Chief Scientific Officer and Founder
People
Jess Clement
Senior Medical Director
People
Angela Smith
Executive Medical Director
People
Anthony S. Zembillas
Senior Regional Director - Msls (east)

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Board Members and Advisors
people
Pierre Legault
Director
people
Jennifer Jarrett
Director

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Funding Insights of Syndax

Syndax has successfully raised a total of $198.29M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $35 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Syndax

Syndax has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Orbimed and ArrowMark Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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Life science & tech focused VC firm investing in the US
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Life Sciences focused VC firm that does early stage investments in the US
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Investor details for Syndax

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Investments & Acquisitions by Syndax

Investments
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Investment portfolio details for Syndax

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Financial Statements - Syndax

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Detailed financials for Syndax

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Syndax Comparisons

Syndax Primary company
Description
Targeted therapies for cancer treatment are developed.
Location
Waltham, United States
Founded Year
2005
Annual Revenue
$23.68 M (USD)
Net Profit
-$318.76 M (USD)
EBITDA
-$339.66 M (USD)
Employees
270
As of 2024
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Peer comparison for Syndax

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Competitors of Syndax

Syndax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

Company Name Domain Founded year HQ Location Description
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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Small-molecule drugs for cancer treatment are developed via Degronimid platform.
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Small molecule therapeutics for cancer treatment are developed.
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MicroRNA-based therapeutics are developed for treating multiple diseases.
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Therapeutics for cancer and rare diseases are developed.
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Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
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Detailed competitors of Syndax

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Latest news on Syndax

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Complete news archive for Syndax

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Syndax

Syndax was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Syndax is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Syndax is a funded company, having raised a total of $198.29M across 11 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Syndax is 270.

Annual revenue of Syndax is $23.68M as on Dec 31, 2024.

Syndax was founded in 2005 and is headquartered in Waltham, United States. Operations are centered in the biotechnology sector, where targeted therapies for oncology are advanced. Entinostat is being developed as a combination treatment for various cancer types, with primary attention given to immunotherapy-responsive tumors such as those in lung cancer, melanoma, and triple-negative breast cancer.

Syndax's top competitors include Jazz Pharmaceuticals, C4 Therapeutics and Erasca.

Syndax offers Revumenib and Axatilimab.

Yes, Syndax is publicly traded on NASDAQ under the ticker symbol SNDX.

Syndax has 15 investors. Key investors include Fidelity Investments, Orbimed, ArrowMark Partners, EcoR1, and Jennison Associates.

The ticker symbol of Syndax is SNDX on NASDAQ.

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