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Pomerantz LLP investigates Syndax Pharmaceuticals over failed drug trial and stock drop.

Market News
11 Nov 2026, 01:16 WIB
GlobeNewsWire
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Bearish
Pomerantz LLP investigates Syndax Pharmaceuticals over failed drug trial and stock drop.

Pomerantz LLP is investigating Syndax Pharmaceuticals and its executives for possible securities fraud following the company's announcement that its Phase 2 trial for axatilimab in idiopathic pulmonary fibrosis failed to meet its primary endpoint. This news caused Syndax's stock to drop 2.59% on October 12, 2026. The investigation aims to determine if the company engaged in unlawful business practices that harmed investors. Investors affected are encouraged to contact Pomerantz LLP to join the class action lawsuit.

Syndax Pharmaceuticals news offers context for readers. For those following the Health sector, here is Pluang's market snapshot as of Nov 11, 2026 06:11 WIB: Out of 150 priced US Health stocks, 48 rose and 100 fell. Notable movers include HIMS at USD 18.98 with a -17.26% change and 59% buy orders, WGS at USD 55.10 down 16.16% with 100% buy orders, and INO at USD 1.34 down 11.26% with 72% buy orders. Typical hold times range from 21 to 41 days.

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