Syndax Pharmaceuticals (SNDX) Is Up 5.2% After Strong All-Oral SAVE Trial Remission Data Reported

Simplywall
2026.06.13 13:32
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Syndax Pharmaceuticals (SNDX) shares rose 5.2% following strong Phase 1/2 SAVE trial data for its all-oral Revuforj regimen in relapsed/refractory AML, showing high remission rates across key genetic subgroups. The company also announced a $250 million convertible note offering to extend its financial runway. Analysts project significant revenue growth by 2029, though risks regarding clinical setbacks and dilution remain.