Syndax Reports Third Quarter 2026 Financial Results and Provides Business Update
Globe Newswire•02/11/2026•16:01 ET
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Key Highlights
- ➤3Q26 total revenue $83.3 million, up 82% year over year
- ➤Revuforj revenue $60.7 million, up 90% year over year
- ➤Niktimvo revenue $67.4 million, up 47% year over year
- ➤Syndax reports 3Q26 net loss of $49.4 million, or $0.55 per share
- ➤Syndax discontinued axatilimab development in idiopathic pulmonary fibrosis after MAXPIRe missed its primary endpoint
Expert Statements
Michael A. Metzger, Chief Executive Officer of Syndax Pharmaceuticals
“We delivered another quarter of strong commercial results, generating $83 million in total revenue to Syndax. Revuforj net revenue grew to $61 million, driven by a 20% increase in new patients and an increasing number of patients on therapy in the post-transplant setting. We continue to have the dominant share of new patients across all age groups starting a menin inhibitor and the vast majority of revenue for the class, underscoring our position as the market leader. Importantly, a growing number of both R/R KMT2Ar and NPM1m patients are proceeding to a stem cell transplant after receiving Revuforj and then resuming therapy afterward, a dynamic that positions the business for long-term growth as the average duration of therapy extends”
Michael A. Metzger, Chief Executive Officer of Syndax Pharmaceuticals
“We look forward to sharing new Revuforj combination data in the fourth quarter that reinforce our confidence that our ongoing pivotal frontline trials could transform the treatment paradigm for newly diagnosed AML. We remain well positioned to be the first to deliver a menin inhibitor in the frontline, unlocking a multi-billion-dollar opportunity. With growing revenue from two medicines, a robust pipeline generating multiple blockbuster opportunities, world-class R&D capabilities, and a strong balance sheet, Syndax is poised to deliver long-term value.”
– Total revenue of $83.3 million in 3Q26, an 82% year-over-year increase –
– Revuforj(®) (revumenib) net revenue of $60.7 million in 3Q26, a 90% y/y increase, underscores leadership in R/R NPM1m and KMT2Ar acute leukemia; 20% q/q growth in new patients –
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