earnings
confidence high
sentiment neutral
materiality 0.75
Syndax Q4 Revuforj revenue $7.7M; net loss $94.2M; cash $692.4M
Syndax Pharmaceuticals Inc
- Q4 2024 Revuforj net product revenue $7.7M in first five weeks of U.S. launch.
- Net loss $94.2M ($1.10/share) for Q4 2024 vs $72.5M ($1.00) in Q4 2023; full year net loss $318.8M ($3.72).
- Cash, equivalents and investments $692.4M; expects current resources to fund to profitability.
- Launched Niktimvo in Jan 2025 with Incyte; $350M royalty funding from Royalty Pharma on Niktimvo sales.
- sNDA for revumenib in R/R mNPM1 AML expected Q2 2025 based on positive AUGMENT-101 data.