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Synlogic, Inc. - SYBX STOCK NEWS

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Synlogic, Inc. (Nasdaq: SYBX) is a clinical-stage biopharmaceutical company at the forefront of synthetic biology and microbiome research. The company is pioneering the development of Synthetic Biotics™, which are engineered probiotic bacteria designed to perform specific therapeutic functions. These innovative biotherapeutics target a range of metabolic and rare genetic diseases, addressing unmet medical needs.

Using its proprietary Synthetic Biotics™ platform, Synlogic engineers probiotics to correct metabolic dysfunctions linked to various diseases. These therapeutics are primarily delivered orally, acting from the gut microbiome to address systemic issues. The company’s lead programs include treatments for rare genetic metabolic disorders such as phenylketonuria (PKU) and homocystinuria (HCU). Synlogic's pipeline also targets conditions like enteric hyperoxaluria, gout, and cystinuria.

One of Synlogic's flagship projects, labafenogene marselecobac (SYNB1934), is currently in a global, pivotal Phase 3 study for PKU, known as Synpheny-3. Additional candidates, such as SYNB1353 for HCU, are also progressing through clinical stages. The company collaborates with notable partners including Roche for inflammatory bowel disease (IBD) research and Ginkgo Bioworks for synthetic biology advancements.

Synlogic's commitment to innovative medicine is further demonstrated by its recent achievements. In December 2023, the company announced that SYNB1353, a potential treatment for HCU, would be presented at the International Conference on Microbiome Engineering. Additionally, Synlogic secured a $1 million subcontract from the Air Force Research Lab to develop a manufacturing process for a potential live probiotic product, extending a project initiated in 2020.

The company’s approach leverages well-characterized probiotics, such as Escherichia coli Nissle 1917, ensuring consistency, safety, and non-colonizing properties, which simplify oral administration and storage. Synlogic continues to expand its pipeline and research capabilities, driving forward its mission to transform the care of serious diseases through groundbreaking synthetic biology technologies.

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On March 28, 2023, Synlogic, Inc. (Nasdaq: SYBX) announced that the European Medicines Agency (EMA) granted a positive opinion for the orphan designation of SYNB1934, aimed at treating phenylketonuria (PKU).

This designation highlights the urgent need for new PKU treatments and positions Synlogic to commence a Phase 3 trial in mid-2023. Additionally, SYNB1934 has received Rare Pediatric Disease Designation from the FDA. The EMA’s orphan designation provides financial and regulatory benefits, including a decade of marketing exclusivity following product approval.

SYNB1934 is designed to lower phenylalanine levels using engineered probiotics, offering a promising therapeutic option for PKU patients.

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Synlogic, Inc. (Nasdaq: SYBX) presented positive findings from its Phase 2 Synpheny-1 Study for phenylketonuria (PKU) at the SIMD Annual Meeting in Utah. Results showed that SYNB1934 significantly reduced plasma phenylalanine (Phe) levels by 53% in responders, indicating strong proof-of-concept. The study successfully met its primary endpoint, with reductions of -33.8% and -42.9% for SYNB1618 and SYNB1934 respectively. Synlogic also provided updates on its homocystinuria (HCU) program, highlighting the promising Phase 1 data for SYNB1353. This demonstrates the company’s progress toward initiating a Phase 3 trial for PKU in the first half of 2023.

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Synlogic, the leader in synthetic biology therapeutics, announced a presentation at the Oppenheimer 33rd Annual Healthcare Conference from March 13-15, 2023. The CEO, Aoife Brennan, and her team will present on March 13, 2023, from 3:20 to 3:50 p.m. ET. Attendees can register for the webcast here.

A replay will be available for 90 days. Synlogic's pipeline focuses on treatments for metabolic diseases, including phenylketonuria (PKU), with plans for a Phase 3 study in 2023.

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Synlogic, Inc. (Nasdaq: SYBX) announced its participation at the SIMD 44th Annual Meeting in Salt Lake City on March 19, 2023. The company will present a podium presentation on Phase 2 data for its PKU treatment, SYNB1618 and SYNB1934, led by Dr. Jerry Vockley. Additionally, two poster presentations will showcase findings on SYNB1353 for homocystinuria. The presentations underscore Synlogic's commitment to developing innovative therapies for inborn metabolic disorders. Dr. Dave Hava expressed enthusiasm for sharing new data that may alleviate burdens faced by patients and caregivers.

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Synlogic, Inc. (Nasdaq: SYBX) recently announced its participation in two major upcoming conferences: the BIO CEO & Investor Conference from February 6-9, 2023, in New York City, and the SVB Securities Global Biopharma Conference from February 14-16, 2023. Chief Business Officer Molly Harper and Chief Financial Officer Michael Jensen will present at the BIO conference, with Harper's in-person presentation scheduled for February 6 at 4:15 p.m. ET. Synlogic's President and CEO Aoife Brennan will present virtually on February 16 at 12 p.m. ET at the SVB conference. More details and recorded presentations will be available on Synlogic's website.

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Synlogic (Nasdaq: SYBX) announced that the FDA has granted Rare Pediatric Disease Designation (RPDD) for its drug SYNB1934, targeting phenylketonuria (PKU). This designation underscores the urgent need for PKU treatments, particularly for children. The pivotal Phase 3 study, Synpheny-3, is set to begin in the first half of 2023. Additionally, Synlogic previously received RPDD for SYNB1353 in December 2022 for homocystinuria (HCU). RPDD can lead to a pediatric priority review voucher if the drug is approved, enhancing the potential market value for new therapeutic options.

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Synlogic, Inc. (Nasdaq: SYBX) announced key accomplishments for 2022 and future milestones. The company plans to initiate a pivotal Phase 3 trial for SYNB1934 in phenylketonuria (PKU) in H1 2023. Additionally, SYNB1353 has received Rare Pediatric Disease Designation for homocystinuria (HCU) from the FDA. Synlogic expects its cash runway to last into H2 2024. Major 2022 achievements include positive Phase 2 data for PKU and proof of concept for SYNB1353 and SYNB8802. Upcoming milestones include advancing SYNB1353 to Phase 2 and presenting full Phase 2 data for PKU.

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Synlogic, Inc. (Nasdaq: SYBX) has appointed Dr. Dave Hava as Head of Research and Development effective January 1, 2023. Previously Chief Scientific Officer, Dr. Hava will oversee the integration of research and clinical development, aiming to advance various programs, including SYNB1353 for homocystinuria and SYNB2081 for gout. Synlogic's pipeline includes potential treatments for metabolic disorders, with a Phase 3 study for phenylketonuria planned for 2023. The company collaborates with Roche to develop Synthetic Biotics, enhancing treatment options for patients.

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Synlogic, Inc. (Nasdaq: SYBX) announced positive results from its Phase 1b study of SYNB8802, demonstrating a 38% reduction in urinary oxalate in Roux-en-Y gastric bypass patients compared to placebo. This reduction exceeds the 20% threshold associated with lower kidney stone risks. The treatment was well tolerated with no serious adverse events reported. The study involved 11 patients, showing a significant dose-related effect. Synlogic's CEO highlighted this as their third positive clinical data readout this year, underscoring the urgent need for treatments for enteric hyperoxaluria.

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Synlogic announced positive top-line results from its Phase 1 study for SYNB1353, designed to lower methionine levels in patients with homocystinuria (HCU). The drug achieved proof of mechanism, showing a significant plasma methionine reduction post-administration and was well tolerated by participants. Additionally, SYNB1353 received Orphan Drug Designation from the FDA, enhancing its development incentives. The company plans to continue advancing its clinical research, including expected proof-of-concept data for SYNB8802 by year-end and the initiation of a Phase 3 study for SYNB1934 in early 2023.

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FAQ

What is the current stock price of Synlogic (SYBX)?

The current stock price of Synlogic (SYBX) is $1.42 as of December 20, 2024.

What is the market cap of Synlogic (SYBX)?

The market cap of Synlogic (SYBX) is approximately 16.3M.

What does Synlogic, Inc. specialize in?

Synlogic specializes in developing Synthetic Biotics™, engineered probiotic bacteria designed to treat various metabolic and rare genetic diseases.

What are Synthetic Biotics™?

Synthetic Biotics™ are engineered probiotics designed to perform specific therapeutic functions, correcting metabolic activities linked to diseases.

What is Synlogic’s lead program?

Synlogic's lead program is labafenogene marselecobac (SYNB1934), currently in Phase 3 trials for treating phenylketonuria (PKU).

What diseases are covered by Synlogic's pipeline?

Synlogic's pipeline includes treatments for PKU, homocystinuria (HCU), enteric hyperoxaluria, gout, and cystinuria.

How does Synlogic deliver its Synthetic Biotics™?

Synlogic primarily delivers its Synthetic Biotics™ orally, where they act from the gut microbiome to correct systemic metabolic dysfunctions.

Who are Synlogic's research partners?

Synlogic collaborates with Roche on inflammatory bowel disease research and Ginkgo Bioworks on synthetic biology advancements.

What recent achievements has Synlogic announced?

Recent achievements include presenting SYNB1353 at a microbiome conference and securing a $1 million Air Force Research Lab subcontract.

What makes Synlogic's probiotics unique?

Synlogic's probiotics are well-characterized, non-colonizing, and reversible, ensuring safety and consistency while simplifying oral administration and storage.

What is SYNB1353 aimed at treating?

SYNB1353 is being developed as a potential treatment for homocystinuria (HCU).

Where can I find more information about Synlogic?

For more information, visit Synlogic’s website at www.synlogictx.com or follow them on Twitter, LinkedIn, Facebook, or Instagram.

Synlogic, Inc.

Nasdaq:SYBX

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