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Syndax Pharmaceuticals To Be Added to the NASDAQ Biotechnology Index

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Syndax Pharmaceuticals, Inc. (SNDX) has been selected for addition to the NASDAQ Biotechnology Index, effective before market open on December 21, 2020. The NASDAQ Biotechnology Index tracks securities classified as biotechnology or pharmaceutical companies, with specific eligibility criteria such as market capitalization and average daily trading volume. Syndax develops an innovative pipeline of cancer therapies including SNDX-5613, axatilimab, and entinostat.

Positive
  • Inclusion in the NASDAQ Biotechnology Index enhances visibility and legitimacy.
  • Syndax's innovative pipeline includes promising cancer therapies.
Negative
  • None.

WALTHAM, Mass., Dec. 18, 2020 /PRNewswire/ -- Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq: SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that the Company has been selected for addition to the NASDAQ Biotechnology Index® (NASDAQ: ^NBI), effective prior to market open on Monday, December 21, 2020.

The NASDAQ Biotechnology Index was launched in 1993 and is designed to track the performance of a set of securities listed on the NASDAQ Stock Market® (NASDAQ) that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark. Companies in the NBI must meet eligibility requirements, including an average daily trading volume, minimum market capitalization, and other criteria. The index is evaluated annually and serves as the basis for the iShares NASDAQ Biotechnology Index Fund. For more information about the NASDAQ Biotechnology Index, including eligibility criteria, please visit https://indexes.nasdaqomx.com/-Index/Overview/NBI.

About Syndax Pharmaceuticals, Inc.

Syndax Pharmaceuticals is a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies. The Company's pipeline includes SNDX-5613, a highly selective inhibitor of the Menin–MLL binding interaction, axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor, and entinostat, a class I HDAC inhibitor. For more information, please visit www.syndax.com or follow the Company on Twitter and LinkedIn

Syndax Contacts

Investor Contact
Melissa Forst
Argot Partners
melissa@argotpartners.com
Tel 212.600.1902

Media Contact
Ted Held
ted.held@gcihealth.com
Tel 212.798.9842

SNDX-G

Cision View original content:http://www.prnewswire.com/news-releases/syndax-pharmaceuticals-to-be-added-to-the-nasdaq-biotechnology-index-301195860.html

SOURCE Syndax Pharmaceuticals, Inc.

FAQ

When will Syndax Pharmaceuticals be added to the NASDAQ Biotechnology Index?

Syndax Pharmaceuticals will be added to the NASDAQ Biotechnology Index on December 21, 2020.

What are the implications of Syndax Pharmaceuticals joining the NASDAQ Biotechnology Index?

Joining the index can improve Syndax's visibility and trading volume, potentially benefiting its stock performance.

What is the stock symbol for Syndax Pharmaceuticals?

The stock symbol for Syndax Pharmaceuticals is SNDX.

What therapies are included in Syndax Pharmaceuticals' pipeline?

Syndax's pipeline includes SNDX-5613, axatilimab, and entinostat, all targeted towards cancer treatment.

Syndax Pharmaceuticals, Inc.

NASDAQ:SNDX

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Biotechnology
Pharmaceutical Preparations
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United States of America
WALTHAM