earnings
confidence high
sentiment positive
materiality 0.75
Syndax reports FY2023 net loss $209.4M; axatilimab PDUFA Aug 28, 2024; cash $600M through 2026
Syndax Pharmaceuticals Inc
2023-FY EPS reported
-$2.98
- Net loss for FY2023: $209.4M ($2.98 per share) vs $149.3M ($2.46 per share) in 2022.
- Cash and investments: $600.5M as of Dec 31, 2023, expected to fund operations through 2026.
- BLA for axatilimab in chronic GVHD granted Priority Review; PDUFA date Aug 28, 2024.
- NDA for revumenib in R/R KMT2Ar acute leukemia submitted under RTOR; PDUFA date expected 1Q24.
- Enrollment in AUGMENT-101 mNPM1 cohort to complete late 1Q/early 2Q; topline data in 4Q24.