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Synlogic pulls plug after peek at phenylketonuria phase III data

Synlogic Inc. jolted Wall Street with news that the firm is scrapping for futility Synpheny-3, its pivotal study with labafenogene marselecobac (SYNB-1934) for phenylketonuria, and will evaluate strategic options. Shares of the Cambridge, Mass.-based firm (NASDAQ:SYBX) fell 48.7%, or $1.68, to end Feb. 9 at $1.77. Synlogic will cease operations and reduce its workforce by more than 90%, retaining only certain employees to help with the wind-down.
United Kingdom Synlogic Inc Wall Street Synlogic Inc Labafenogene Marselecobac Synb 1934

Synlogic Announces Decision to Discontinue Synpheny-3 Study and Provides Corporate Update

08.02.2024 - Decision to end trial follows internal review of initial data indicating study unlikely to meet primary endpoint Data review found treatment to be safe and well-tolerated Board of Directors plans to perform assessment of strategic options ... Seite 1
United Kingdom Aoife Brennan Synlogic Inc Data Monitoring Committee Synlogic President Chief Executive

Synlogic (NASDAQ:SYBX) Stock Price Crosses Below Fifty Day Moving Average of $3.23

Synlogic, Inc. (NASDAQ:SYBX – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.23 and traded as low as $3.21. Synlogic shares last traded at $3.60, with a volume of 34,642 shares traded. Wall Street Analyst Weigh In Separately, Alliance […]
United States Harbor Capital Advisors Inc Synlogic Inc Alliance Global Partners Northern Trust Corp Ensign Peak Advisors Inc
Source: wkrb13.com

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Synlogic (NASDAQ:SYBX) Now Covered by Analysts at Alliance Global Partners

Alliance Global Partners started coverage on shares of Synlogic (NASDAQ:SYBX – Free Report) in a report published on Monday, Benzinga reports. The firm issued a buy rating and a $30.00 price target on the biotechnology company’s stock. Synlogic Stock Up 5.7 % Shares of SYBX stock opened at $3.53 on Monday. The company has a […]
United States Envestnet Asset Management Inc Sigma Securities Alliance Global Partners Ensign Peak Advisors Inc Synlogic Inc

Synlogic Announces Abstract Accepted for Poster Presentation at the International Conference on Microbiome Engineering 2023 - Synlogic (NASDAQ:SYBX)

- Poster presentation on SYNB1353 program for homocystinuria includes findings from process improvements to improve activity of methionine degradation - CAMBRIDGE, Mass., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Synlogic,
United States United Kingdom David Lubkowicz Drug Administration Exchange Commission Program Lead At Synlogic

FY2023 Earnings Forecast for Synlogic, Inc. Issued By Chardan Capital (NASDAQ:SYBX)

Synlogic, Inc. (NASDAQ:SYBX – Free Report) – Stock analysts at Chardan Capital boosted their FY2023 earnings per share (EPS) estimates for shares of Synlogic in a note issued to investors on Monday, November 13th. Chardan Capital analyst K. Nakae now forecasts that the biotechnology company will earn ($7.80) per share for the year, up from […]
United States Millennium Management Synlogic Inc Renaissance Technologies Free Report Chardan Capital
Source: wkrb13.com

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