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Synendos Therapeutics
Biotech & Life Sciences · Basel, Switzerland · Founded 2019
Developed first-in-class endocannabinoid modulators to restore natural functioning of the brain in CNS disorders MoreLess
Synendos is a neuroscience startup that operates in the pharmaceutical industry, specifically focusing on neuropsychiatric disorders. The company's primary mission is to develop safe and effective therapies that can restore the natural functioning of the brain. The team, led by Dr. Andrea Chicca and Prof. Dr. Jürg Gertsch, both with extensive experience in the pharma industry and research on the endocannabinoid system (ECS), is working on a new drug target within the ECS.
The ECS is a complex cell-signaling system that plays a role in regulating a range of functions and processes, including mood, appetite, sleep, and memory. Synendos' approach to treating neuropsychiatric disorders involves modulating this system to restore the brain's natural functioning.
Their lead drug candidate, SYT-510, is a Selective Endocannabinoid Re-uptake Inhibitor (SERI). In simple terms, SERIs are a new type of drug that can adjust the ECS to help it function better. This is a first-in-class drug, meaning it's the first of a new type of drugs that could potentially open a new way of treating neuropsychiatric disorders.
Synendos' business model revolves around the research, development, and eventual commercialization of these drugs. The company's primary clients would be healthcare providers and patients suffering from neuropsychiatric disorders. The company generates revenue through the sale of its pharmaceutical products once they have been approved for use.
Keywords: Neuroscience, Neuropsychiatric Disorders, Endocannabinoid System, Drug Development, SERIs, Pharmaceutical Industry, Healthcare Providers, Patients, Research, Commercialization.
Company overview
Synendos Therapeutics company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- Basel, Switzerland
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 83.0
Valuation & funding
Synendos Therapeutics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Apr 2021 | $3.7M | $92M | Ysios Capital | — |
| SERIES A✓Equity / VC | Nov 2020 | $18M | $73M | Schroder Adveq · BERNINA BioInvest · Kurma Partners · Sunstone Life Science Ventures | ↗ |
| SEED✓Equity / VC | Oct 2019 | $100K | $400K | Venture Kick | — |
| SPINOUT✓Other financing | Jan 2019 | $0 | — | University of Bern | — |
| GRANT✓Other financing | Dec 2018 | $92K | — | Venture Kick | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 17 |
| 2025 | 14 |
| 2024 | 14 |
| 2023 | 12 |
| 2022 | 8 |
Growth signals
Synendos Therapeutics website traffic
Latest recorded traffic for Synendos Therapeutics is 940 monthly website visits, up 42.4% over the last three months. Synendos Therapeutics's team grew 14.3% over the past year.
Comparisons
Synendos Therapeutics compared with similar companies
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Talent graph
Synendos Therapeutics's talent
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Global footprint
Where Synendos Therapeutics has talent and traffic
team presence
In the news
Latest news about Synendos Therapeutics
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Market sentiment
What the market is saying about Synendos Therapeutics
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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