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Synta Pharmaceuticals

Biotech & Life Sciences · Lexington, United States · Founded 2000 · IPO 2007

Innovative, agile biopharmaceutical company focused on research, development and commercialization of novel oncology medicines that have the potential to change the lives of cancer patients MoreLess

Synta Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing novel therapeutics that target specific thyroid hormone receptor pathways in the liver. These pathways are crucial regulatory mechanisms for a range of cardio-metabolic and fatty liver diseases, which have high unmet medical needs. The company's lead candidate, resmetirom (MGL-3196), is an orally administered, small molecule that selectively targets thyroid hormone receptors in the liver. This candidate has shown broad activity and a favorable safety profile, prompting the initiation of Phase 3 clinical studies. The primary study, MAESTRO-NASH, aims to resolve non-alcoholic steatohepatitis (NASH) and reduce liver fibrosis, with secondary goals including lowering LDL cholesterol. Another study, MAESTRO-NAFLD-1, focuses on non-alcoholic fatty liver disease (NAFLD). Synta Pharmaceuticals operates in the biopharmaceutical market, primarily serving patients with advanced liver conditions. The company generates revenue through the development and potential commercialization of its therapeutic candidates. Keywords: biopharmaceutical, thyroid hormone, liver diseases, cardio-metabolic, NASH, NAFLD, resmetirom, clinical trials, therapeutics, unmet medical need.

Valuation $60M
Revenue $451K
Total funding $100–500M

Company overview

Synta Pharmaceuticals company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2000
Headquarters
Lexington, United States
Employees
Open positions
None listed
Dealroom signal
23.3
client focusb2csub industryPharmaceuticalsub industryBioTechnologysectorPersonal HealthsectorDiabetesbusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorDNAsectorCardiology and cardiovascularsectorGenetics and genomicssectorGenome EngineeringsectorBiotech and Pharma

Valuation & funding

Synta Pharmaceuticals funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2016 $60M $60M Madrigal Pharmaceuticals
POST IPO EQUITYOther financing Apr 2015 $39M Undisclosed
POST IPO EQUITYOther financing Jan 2010 $23M Undisclosed
EARLY VCOther financing Jan 2010 $3.8M $15M Undisclosed
IPOOther financing Feb 2007 $50M $338M Undisclosed
LATE VCOther financing Oct 2006 Undisclosed
SERIES DOther financing Dec 2004 Undisclosed
SERIES COther financing Jan 2004 Galleon Group · SunAmerica · Caxton Associates
SERIES BOther financing Apr 2003 Undisclosed
LATE VCOther financing May 2002 Undisclosed
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Growth signals

Synta Pharmaceuticals website traffic

Latest recorded traffic for Synta Pharmaceuticals is 110 monthly website visits.

Latest monthly visits110
Monthly website visits48 observations · Apr 2016–Jun 2023
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Comparisons

Synta Pharmaceuticals compared with similar companies

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Talent graph

Synta Pharmaceuticals's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

4 investors on Synta Pharmaceuticals's cap table

Sourced from Dealroom's funding and investor records.

Series B+ 3 investors entered at this stage
Galleon Group
SunAmerica
Caxton Associates
Other known 1 additional known investor
Madrigal Pharmaceuticals

Global footprint

Where Synta Pharmaceuticals has talent and traffic

Workforce by country
🇺🇸 United States · Lexington HQ
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In the news

Latest news about Synta Pharmaceuticals

Recent press, funding announcements, and product moves mentioning Synta Pharmaceuticals — open to read from the original sources.

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Market sentiment

What the market is saying about Synta Pharmaceuticals

An AI-synthesized read of the highest-engagement posts about Synta Pharmaceuticals on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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