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Synta Pharmaceuticals
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
About Synta Pharmaceuticals
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.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2000
- Headquarters
- Lexington, United States
- Listing
- IPO 2007
- Open positions
- None listed
- Dealroom signal
- 23.3/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Oncology, DNA, Cardiology and cardiovascular, Genetics and genomics, Genome Engineering, Biotech and Pharma
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Apr 2016 | $60M | $60M | Madrigal Pharmaceuticals | ↗ |
| POST IPO EQUITYOther financing | Apr 2015 | $39M | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Synta Pharmaceuticals is 110 monthly website visits.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
- GGGalleon Group
SunAmerica- CACaxton Associates
Other known investors1 additional known investor
Madrigal Pharmaceuticals
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Synta Pharmaceuticals on X, ranked by likes and reposts, corporate channels excluded.
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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