earnings
confidence high
sentiment neutral
materiality 0.70
Syndax Q2 net loss $68.1M, revumenib PDUFA extended to Dec 26, 2024
Syndax Pharmaceuticals Inc
2024-Q2 EPS reported
-$1.65
revenue$3,500,000
- Net loss of $68.1M ($0.80/sh) vs $44.6M ($0.64/sh) in Q2 2023; cash $454.6M as of June 30.
- R&D expenses $48.7M, SG&A $29.1M; FY2024 opex guidance $355-375M with sufficient capital through 2026.
- Revumenib NDA for R/R KMT2Ar leukemia PDUFA extended to Dec 26, 2024; AUGMENT-101 mNPM1 AML data expected 4Q24.
- Axatilimab BLA for chronic GVHD under Priority Review with PDUFA date Aug 28, 2024.
- Appointed Dr. Aleksandra Rizo to Board of Directors in May 2024.