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Syndax Pharmaceuticals rated 'Strong Buy' on label expansion and revenue growth for Revuforj and Niktimvo.

Analyst Insights
28 Sep 2026
Seeking Alpha
View Source
Bullish
Syndax Pharmaceuticals rated 'Strong Buy' on label expansion and revenue growth for Revuforj and Niktimvo.

Syndax Pharmaceuticals is rated a "Strong Buy" due to FDA approval and label expansion for its drugs Revuforj and Niktimvo. Revuforj received FDA approval for relapsed/refractory mNPM1 AML and is being studied for first-line AML treatment. Niktimvo, approved for chronic graft-versus-host disease (cGVHD), is advancing into idiopathic pulmonary fibrosis (IPF) and first-line cGVHD, with key phase 2 data expected in Q4 2026. The company has $575 million in liquidity and growing revenues, aiming for profitability without needing near-term capital raises.

Syndax Pharmaceuticals and its pipeline developments provide context for healthcare sector activity on Pluang. For readers following health-sector stocks, 40 out of 100 priced US stocks rose while 30 fell. Notable movers include NVAX at USD 10.50 with a -1.22% change, RXRX at USD 3.70 with a -1.07% change, and ALC at USD 65.11 with a +0.99% change, as of Sep 28, 2026 15:41 WIB.

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