Syndax Pharmaceuticals Reports Q2 2025 Net Loss of $71.8M, EPS of $0.83; Revuforj Sales Surge 43% Over Q1 2025

Reuters
2025/08/05
Syndax Pharmaceuticals Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Loss of $71.8M, EPS of $0.83; Revuforj Sales Surge 43% Over Q1 2025

Syndax Pharmaceuticals Inc. (Nasdaq: SNDX), a commercial-stage biopharmaceutical company, has released its financial results for the second quarter ended June 30, 2025. The company reported total revenue of $38.0 million for the quarter. This includes $28.6 million from Revuforj net product revenue, signifying a 43% growth over the first quarter of 2025. Additionally, Syndax recorded $9.4 million in Niktimvo collaboration revenue, derived from the $36.2 million in net revenue reported by its partner, Incyte. The net loss attributable to common stockholders for the quarter was $71.8 million, compared to a net loss of $68.1 million in the same period last year. Syndax had cash, cash equivalents, and short- and long-term investments totaling $517.9 million as of June 30, 2025. Looking ahead, Syndax expects its total research and development plus selling, general and administrative expenses to be between $95 and $100 million for the third quarter of 2025, excluding non-cash stock compensation expenses. For the full year 2025, these expenses are anticipated to be between $370 and $390 million, also excluding non-cash stock compensation expenses. The company is not providing revenue guidance at this time. Syndax anticipates that its cash, investments, product revenue, and interest income will support the company in achieving profitability. A notable update in the company's operations is the priority review granted for its sNDA in R/R mNPM1 AML, with a PDUFA action date set for October 25, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Syndax Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9505692-en) on August 04, 2025, and is solely responsible for the information contained therein.

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