How Much Did SynDevRx Raise?
Funding & Key Investors

SynDevRx has solidified its position within the biotechnology sector, securing a total capital infusion of $18.4M. This trajectory of financial backing, punctuated by a recent strategic investment of $1.5M, underscores the market confidence in the firm's specialized approach to oncology. By leveraging significant financial resources, the company continues to advance its mission of addressing critical gaps in cancer care through rigorous scientific validation and clinical development.

What is SynDevRx?

SynDevRx
ManufacturingPharmaceuticalsBusiness Services

SynDevRx operates at the intersection of metabolic science and oncology, pioneering the field of Metabo-Oncology. The company is dedicated to transforming cancer treatment by targeting the metabolic drivers and angiogenic factors that facilitate tumor progression. Its lead therapeutic candidate, Evexomostat, represents a novel approach designed to treat patients suffering from metabolic complications while simultaneously enhancing the efficacy of existing standard-of-care therapies. Currently, the organization is focused on validating this innovative platform through clinical trials, with a specific emphasis on breast and prostate cancers. By addressing the needs of an under-treated patient population across various solid tumor types, SynDevRx is positioning itself as a critical player in the next generation of precision medicine.

How much funding has SynDevRx raised?

SynDevRx has raised a total of $18.4M across 3 funding rounds:

2009

Unspecified

$569K

2012

Debt

$16.3M

2017

Debt

$1.5M

Unspecified (2009): $569K, investors not publicly disclosed

Debt (2012): $16.3M, investors not publicly disclosed

Debt (2017): $1.5M, investors not publicly disclosed

Key Investors in SynDevRx

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for SynDevRx?

With the recent capital injection, SynDevRx is well-positioned to accelerate its clinical trial pipeline and expand its research capabilities. The strategic focus will likely remain on the successful progression of Evexomostat through late-stage clinical milestones, which is essential for regulatory approval and eventual commercialization. As the company matures, it will likely seek to strengthen its intellectual property portfolio and potentially explore strategic partnerships with larger pharmaceutical entities to scale its therapeutic reach. The ongoing commitment to metabolic-focused oncology research suggests a long-term strategy aimed at redefining treatment paradigms for patients with complex, solid-tumor malignancies.

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Frequently Asked Questions Regarding SynDevRx Financial Insights

What are the most recent funding rounds that SynDevRx has completed, and what were the funding rounds?
SynDevRx has recently completed 3 funding rounds: Debt on Jul 31, 2017, Debt on Oct 24, 2012, Unspecified on Jul 14, 2009.
What is the total amount of funding SynDevRx has raised to date?
SynDevRx has raised a total of $18.4M in funding to date.
How many funding rounds has SynDevRx completed?
SynDevRx has completed 3 funding rounds.
How much funding did SynDevRx raise in its most recent funding round?
SynDevRx raised $1.5M in its most recent funding round.
Which was the largest funding round in SynDevRx's history?
The largest funding round in SynDevRx's history was $16.3M.
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