FeesSafety
Pluang+

Syndax Pharmaceuticals posts 82% revenue growth in 3Q26, driven by Revuforj's strong sales.

Company Fundamentals
04 Nov 2026, 16:59 WIB
Seeking Alpha
View Source
Bullish
Syndax Pharmaceuticals posts 82% revenue growth in 3Q26, driven by Revuforj's strong sales.

Syndax Pharmaceuticals reported an 82% year-over-year revenue increase to $83.3 million in the third quarter of 2026, primarily driven by a 90% growth in sales of its drug Revuforj. Despite higher research and development expenses, the company narrowed its operating losses. Management sees potential for extended treatment duration with Revuforj due to post-transplant maintenance trends, which could boost revenue further if more patients resume treatment. The company maintains a Hold rating, balancing strong cash reserves and reasonable valuation against risks tied to clinical trial outcomes and market expansion for acute myeloid leukemia (AML) treatments.

Syndax Pharmaceuticals' recent commercial growth contrasts with broader health sector trends on Pluang. As of Nov 04, 2026 20:41 WIB, 127 of 150 health-sector stocks rose while 19 fell. Among notable movers, CVS Health Corp declined 4.93% to USD 86.90 with a typical hold time of 81 days and a strong buy order activity of 91%, whereas Tilray Brands Inc gained 4.91% to USD 2.78 but saw 96% sell orders with a shorter hold time of 32 days. Alcon AG rose 4.34% to USD 75.51 with 91% sell orders and a 72-day hold time.

More News

Goldman Sachs briefly surpasses 3% ownership threshold in Ontex shares before dropping below it.

Goldman Sachs briefly surpasses 3% ownership threshold in Ontex shares before dropping below it.

Goldman Sachs Group, Inc. disclosed that it briefly held a combined stake exceeding 3% in Ontex Group NV shares as of October 27, 2026, with 566,115 voting rights and 1,965,157 financial instruments. However, by October 28, 2026, their combined posit...

Market News
Neutral
1 hour ago
BNP Paribas reports total voting rights and shares as of October 31, 2026.

BNP Paribas reports total voting rights and shares as of October 31, 2026.

BNP Paribas announced its monthly declaration of voting rights and shares as of October 31, 2026. The bank reported a total of 1,101,600,607 shares and an equal number of voting rights. This update is part of regulatory compliance under French commer...

Company Fundamentals
Neutral
1 hour ago
Goldman Sachs briefly crosses 3% ownership threshold in Ontex shares in late October 2026

Goldman Sachs briefly crosses 3% ownership threshold in Ontex shares in late October 2026

Ontex disclosed that Goldman Sachs Group, Inc. crossed the 3% ownership threshold in Ontex shares on October 27, 2026, holding a combined total of 3.07% including voting rights and financial instruments. However, the next day, October 28, 2026, Goldm...

Market News
Neutral
1 hour ago
Neion Bio appoints John Maga to lead biologics development, expanding its innovative Raptor platform.

Neion Bio appoints John Maga to lead biologics development, expanding its innovative Raptor platform.

Neion Bio has appointed John A. Maga, Ph.D., as Head of Biologics and CMC to lead the development of biologic medicines using its Raptor platform, which produces proteins in transgenic chicken eggs. Maga brings over 25 years of biopharmaceutical expe...

Company Fundamentals
Bullish
1 hour ago
Good Life Meds must stop unproven health and personalization claims for compounded Tirzepatide+ products.

Good Life Meds must stop unproven health and personalization claims for compounded Tirzepatide+ products.

The National Advertising Division (NAD) recommended that Good Life Meds discontinue claims about health benefits and personalization for its compounded Tirzepatide+ weight loss products after a challenge by Eli Lilly. NAD found that Good Life lacked ...

Market News
Bearish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App