Brig­gs Mor­ri­son’s lit­tle biotech Syn­dax con­cedes 2 key tri­al set­backs for its lead drug, as shares shriv­el some more

It takes a lit­tle pa­tience, but if you bore through some com­ments about how en­thu­si­as­tic Syn­dax $SNDX CEO Brig­gs Mor­ri­son is about their on­go­ing piv­otal tri­al in breast can­cer with their lead drug, you’ll find that the ther­a­py just failed a cou­ple of key com­bi­na­tion stud­ies with two ap­proved PD-L1s.

Mor­ri­son — who had a se­nior R&D post at As­traZeneca be­fore mak­ing the leap to biotech — notes that the 2 Phase Ib/II stud­ies com­bined enti­no­s­tat with Roche’s Tecen­triq and Pfiz­er/Mer­ck KGaA’s Baven­cio for triple neg­a­tive breast can­cer and ovar­i­an can­cer. But it failed to ex­tend pro­gres­sion-free sur­vival sig­nif­i­cant­ly.

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