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Syndax Pharmaceuticals and Royalty Pharma Enter into $350 Million Royalty Funding Agreement for Niktimvo™
SNDXSyndax(SNDX) Prnewswire·2024-11-04 21:01

Proceeds expected to support the upcoming planned launches and fund the continued development of Niktimvo and revumenibExpected to fund Company through profitability; proforma cash approaching 800millionasofJune30WALTHAM,Mass.andNEWYORK,Nov.4,2024/PRNewswire/SyndaxPharmaceuticals(Nasdaq:SNDX)andRoyaltyPharmaplc(Nasdaq:RPRX)todayannouncedthatSyndaxhasenteredintoa800 million as of June 30WALTHAM, Mass. and NEW YORK, Nov. 4, 2024 /PRNewswire/ -- Syndax Pharmaceuticals (Nasdaq: SNDX) and Royalty Pharma plc (Nasdaq: RPRX) today announced that Syndax has entered into a 350 million synthetic royalty funding agreement with Royalty Pharma based on U.S. net sales of Niktimvo™ (axati ...