President Biden Emphasizes Plan for Cancer Moonshot Program. Regulating synaptic transmission represents a promising approach to treating Alzheimer's Disease and other disorders . The lead molecule, SDI-118, is a small molecule currently in Phase 1b studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. The company is financed by a syndicate of international and Belgian investors: Novo Holdings, Fountain Healthcare, Johnson & Johnson Innovation - JJDC, Inc., SRIW (Socit Rgionale d'Investissement de Wallonie), V-Bio Ventures and Vives Fund, along with UCB Ventures. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of . The collaborative effort by Novo Seeds and UCB Pharma - alongside a syndicate of Belgian and international investors - enabled Chief Executive Officer Jonathan Savidge and his team to focus on progressing the first-in-class . With an upfront payment of $130 million, AbbVie gains Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Syndesi's Series A financing was co-led by Novo Holdings together with Fountain Healthcare Partners, with participation from Johnson & Johnson Innovation JJDC, Inc., SRIW (Socit Rgionale d'Investissement de Wallonie), V-Bio Ventures and Vives Fund, along with UCB Ventures. Brussels, Belgium - February 1st, 2018 - The creation of Syndesi Therapeutics ('Syndesi') was announced today as the result of a partnership between UCB and a syndicate of Belgian and international investors.The investor syndicate is led by Novo Seeds and Fountain Healthcare together with Johnson & Johnson Innovation - JJDC, Inc. (JJDC), V-BIO Ventures, the Walloon Investment Fund (SRIW) and . 21 11% increase. Syndesis molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A), which plays a role in regulating neurotransmission. The round was led by Novo Seeds and Fountain Healthcare together . The company has also benefited from support from the Walloon Region. Syndesi Therapeutics has 5 employees across 2 locations and $21.13 m in total funding,. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. They are also entitled to get further contingent payments of up to $870m on meeting specific pre-set milestones. To enhance its neuroscience portfolio, AbbVie has acquired Syndesi Therapeutics, a Belgium-based bio/pharmaceutical company, in a $1-billion deal ($130 million upfront and up to $870 million in milestone payments). Under the deal, Abbvie will pay Syndesi . Get the latest business insights from Dun & Bradstreet. The lead molecule, SDI-118, was discovered by UCB before being out-licensed to Syndesi as of 2018. This acquisition gives AbbVie access to Syndesis portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. There is a major unmet need for new therapies that can improve cognitive function across these various CNS disorders. We will be in touch soon. Established. the global Bio/Pharmaceutical Home AbbVie Completes Acquisition of Syndesi Therapeutics, for Up To USD1 Billion, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Syndesi Therapeutics is a clinical-stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. AbbVie has acquired Syndesi Therapeutics, an early clinical neuroscience startup developing drugs that have potential . Life Science. Jonathan Savidge, Chief Executive Officer, Syndesi Therapeutics, said: "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of . Syndesi Therapeutics was formed in 2017 and is based in Louvain-la-Neuve, Belgium. All Rights Reserved. Syndesi Therapeutics is based in Belgium and will leverage UCB's neurology expertise in modulating the synaptic vesicle protein SV2A. The Phase I program has been supported in part by funding from the Walloon Region. V-Bio Ventures' Portfolio Company Syndesi Therapeutics Acquired by AbbVie to Strengthen its Neuroscience Portfolio GENT, BELGIUM, March 1, 2022 /EINPresswire.com/ -- V-Bio Ventures today announced the completion of the acquisition of its portfolio company Syndesi Therapeutics SA by AbbVie (NYSE: ABBV), which will help to expand AbbVie's neuroscience portfolio. Fountain Healthcare Partners. Associated Technologies Association, a not-for-profit business | Advertise
There was an error. Investor . 2016-2021 All Rights Reserved. How much funding has Syndesi Therapeutics raised to date? 2017. Syndesi Therapeutics is a belgium based developing molecules and biotech company. Belgium. Syndesi Therapeutics has raised 26.2M. Syndesi Therapeutics is developing molecules that uniquely modulate the synaptic vesicle protein SV2A, which plays a central role in synaptic transmission (the communication between neurons in the brain). #Therapeutics - Small molecules Therapeutic areas. The lead molecule, SDI-118, has successfully completed three Phase I studies including PET target engagement and biomarker measures. manufacturing value chain. The acquisition will expand AbbVie's neuroscience portfolio, including providing access to Syndesi's range of novel modulators of the synaptic . It was registered 2017-12-19. By checking this box, you confirm that you have read and are agreeing to our terms of use regarding the storage of the data submitted through this form. Belgium. View company. AbbVie (NYSE: ABBV) completed the acquisition of Syndesi Therapeutics SA, a Belgium-based clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the . Company profile page for Syndesi Therapeutics SA including stock price, company news, press releases, executives, board members, and contact information The lead molecule, SDI-118, has successfully completed three Phase I studies including PET target engagement and biomarker measures. With the support of our investors and other stakeholders, Syndesi's goal is to demonstrate the potential of these molecules to reduce the symptoms of cognitive impairment in patients with Alzheimer's Disease . Alzheon is a company committed to developing breakthrough medicines for patients suffering from Alzheimer's disease and other neurological disorders. Turnhoutseweg 30. UCB identified novel modulators of SV2A that show pro-cognitive properties in preclinical models. "With AbbVie's acquisition of Syndesi, we aim to advance the research of a novel, first-in-class asset for the potential treatment of cognitive impairment associated with neuropsychiatric and neurodegenerative disorders.". Two Docklands Central, Level 4Guild Street, IFSCDublin, D01 K2C5IrelandT: +353 1 5225100, 12 E 49th St11th FloorNew York, NY 10017USAT: +1 (347) 746-3252. Report incorrect company . Regulating synaptic transmission represents a promising approach to treating Alzheimer's Disease and other disorders with cognitive impairment. / BELGIUM / WALLOON BRABANT / OTTIGNIES-LOUVAIN-LA-NEUVE / Syndesi Therapeutics; AbbVie will pay Syndesi shareholders an upfront payment of $130m as part . Syndesis Series A financing was co-led by Novo Holdings together with Fountain Healthcare Partners, with participation from Johnson & Johnson Innovation JJDC, Inc., SRIW (Socit Rgionale dInvestissement de Wallonie), V-Bio Ventures and Vives Fund, along with UCB Ventures. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. "I am delighted with the closing of this deal. Business Description. The essential resource for Syndesi Therapeutics is developing molecules that uniquely modulate the synaptic vesicle protein SV2A, which plays a central role in synaptic transmission (the communication between neurons in the brain). Syndesi was created through a partnership between UCB Biopharma SRL and a syndicate of Belgian and international investors to further develop novel SV2A modulators that had been originally discovered by UCB. Belgium +32 (0)9 241 80 41 BTW BE 0863 763 620 RPR Gent Contact us . Company Summary. Unlike other therapeutic approaches, our unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A) which plays a central role in regulating synaptic transmission. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by . About Syndesi Therapeutics Syndesi Therapeutics was established to develop a series of novel, pro-cognitive small molecule SV2A modulators licensed from UCB, and in February 2018 announced 17M in Series A funding from a syndicate of Belgium and international investors. Brussels, Belgium - February 1st, 2018 - The creation of Syndesi Therapeutics ('Syndesi') was announced today as the result of a partnership between UCB and a syndicate of Belgian and international investors.The investor syndicate is led by Novo Seeds and Fountain Healthcare together with Johnson & Johnson Innovation - JJDC, Inc. (JJDC), V-BIO Ventures, the Walloon Investment Fund . SYNDESI THERAPEUTICS Company Description SYNDESI THERAPEUTICS is a Naamloze vennootschap registered in Belgium with the Company reg no 0686.599.355. AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by . This acquisition gives AbbVie access to Syndesis portfolio of modulators of SV2A, including Syndesis lead molecule, SDI-118, a small molecule currently in Phase Ib studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. Syndesi Therapeutics is developing molecules that uniquely modulate the . | Contact
Ez egy els emberben vgzett, randomizlt, placebo-kontrollos, egyszeri nvekv orlis dzis vizsglat SDI-118 egszsges frfiaknl, . With the support of our investors and other stakeholders, Syndesi's goal is to demonstrate the potential of these molecules to reduce the symptoms of cognitive impairment in patients with Alzheimer's Disease . Beerse, Vlaanderen. Mar 1, 2022. It can be contacted at Chemin Du Cyclotron 6 . No affiliation or endorsement, express or implied, is provided by their use. Syndesi Therapeutics SA, a clinical stage biotechnology company developing novel modulators of . February 1, 2018 - 3 minutes. There is a major unmet need for new therapies that can improve cognitive function across these various CNS disorders. The declared activity is Groothandel in farmaceutische producten. According to the deal, shareholders of Syndesi will receive an upfront payment of $130m from AbbVie. AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Syndesi Therapeutics develops a drug candidate for the treatment of consecutive cognitive disorders of various neurological conditions. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Syndesi Therapeutics is a Pharmaceutical Company located in Belgium, Europe, and was founded in 2018. This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Syndesi Therapeutics Foundation date 19/12/2017 Sector #Biotechnology - Therapeutics Subsector. About Syndesi Therapeutics. . Syndesi will help to expand AbbVies neuroscience portfolio. 2008-2022 Sovereign Wealth Fund Institute. Synaptic dysfunction, with the consequent disruption of connectivity between brain regions, underlies cognitive impairment seen in multiple CNS disorders, including Alzheimer's Disease and schizophrenia. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. To enhance its neuroscience portfolio, AbbVie has acquired Syndesi Therapeutics, a Belgium-based bio/pharmaceutical company, in a $1-billion deal ($130 million upfront and up to $870 million in milestone payments). Who invested in Syndesi Therapeutics? Under the agreement, AbbVie will pay Syndesi shareholders a $130-million upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of up to $870 million based on the achievement of certain predetermined milestones. Syndesi Therapeutics is a Pharmaceutical Company located in Belgium, Europe, and was founded in 2018. AbbVie has acquired Belgium-based company Syndesi Therapeutics in a deal worth up to $1bn, expanding its neuroscience portfolio.. Errors are noted below: Thanks for reaching out. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Unlike other therapeutic approaches, our unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A) which plays a central role in regulating synaptic transmission. The company is financed by a syndicate of international and Belgian investors: Novo Holdings, Fountain Healthcare, Johnson & Johnson Innovation - JJDC, Inc., SRIW (Socit Rgionale d'Investissement de Wallonie), V-Bio Ventures and Vives Fund, along with UCB Ventures. Founded in December 2017 and based in Belgium , Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate . Syndesi Therapeutics: Pharmaceutical Company in Belgium, Europe. Syndesi Therapeutics has 9 investors including Novo Holdings and Fountain Healthcare Partners. About Syndesi Therapeutics. AbbVie has bolstered its neuropsychiatric and neurodegenerative portfolio with the acquisition of Belgium-based Syndesi Therapeutics in a deal valued at up to $1 billion. Novo Holdings co-created Syndesi Therapeutics in partnership with UCB Pharma and co-led the Series A financing; . Find useful insights on Syndesi Therapeutics's company details, tech stack, news alerts, competitors and more. SECTOR. Syndesi Therapeutics General Information. Request Profile Update; Download Data About Syndesi Therapeutics. development association for companies engaged in the global bio/pharmaceutical manufacturing value chain. The North Chicago-based pharmaceutical giant (NYSE: ABBV . This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. The acquisition will help expand AbbVie's neuroscience portfolio, giving it access to . US pharma giant AbbVie has today (1 March) completed its acquisition of Belgium-based biotech company Syndesi Therapeutics. Syndesi Therapeutics is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. All material subject to strictly enforced copyright laws. Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) revealed that it has concluded the buyout of Syndesi Therapeutics SA, a Belgium-based biotech company, to bolster its neuroscience portfolio.As per the agreed terms, AbbVie will pay shareholders of Syndesi an upfront payment of $130 million. Syndesi Therapeutics, a Belgian developer of a series of novel, procognitive SV2A modulators, raised 17M in Series A financing. About
Syndesi is based on research from Belgian pharmaceutical company UCB. To learn more, please visit www.dcat.org. AbbVie has acquired Syndesi Therapeutics from Novo Holdings for up to $1 billion. Klinikai vizsglatok nyilvntartsa. Now, as part of AbbVie, the program is well positioned to move into later stages of clinical development.". This . The Phase I program has been supported in part by funding from the Walloon Region.Read More, View Email Formats for Syndesi Therapeutics, Syndesi Therapeuticss headquarters are in 6 Chemin Du Cyclotron, Louvain La Neuve, Wallonia, 1348, Belgium, Syndesi Therapeuticss phone number is +32 10280238, Syndesi Therapeuticss official website is www.syndesitherapeutics.com, Syndesi Therapeuticss revenue is <$5 Million, Syndesi Therapeutics is in the industry of: Manufacturing, Pharmaceuticals, The technologies that are used by Syndesi Therapeutics are: jQuery, RawGit, Squarespace Online Stores, Twitter Cards, Join the world's top companies using Zoominfo, See more information about Syndesi Therapeutics. AbbVie (NYSE: ABBV) completed the acquisition of Syndesi Therapeutics SA, a Belgium-based clinical stage biotechnology company pioneering the development of novel . UCB's Neuroscience researchers in Belgium have designed a unique class of novel SV2A modulators. Employees. US biopharmaceutical company, AbbVie, has completed the acquisition of Syndesi Therapeutics, a Belgium-based clinical stage biotechnology company. Its current trading status is "live". Founded inDecember 2017and led by Jonathan Savidge, chief executive officer, Syndesi Therapeutics was created through a partnership between UCB Biopharma SRL and a syndicate of Belgian and international investors to further develop novel SV2A modulators that had been originally discovered by UCB. When was the last funding round for . Description. The mechanism is currently being evaluated . The shareholders can receive additional contingent payments of $870 million upon the achievement of . We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. | Terms & Conditions
The Daily Deal Newsletter, AbbVie Completes Acquisition of Syndesi Therapeutics, for Up To USD1 Billion, Capsida Biotherapeutics Raises $140M in Series A Funding, Avaxia Biologics Completes $11.4M Series B Financing. Syndesi Therapeutics has been formed by UCB and a group of investors, including Novo Seeds and V-Bio to develop a group of compounds for cognitive disorders caused by diseases like Alzheimer's. Syndesi Therapeutics will use of Belgian biotech UCB's expertise in drug discovery for neurological conditions to . Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A), which plays a central role in regulating neurotransmission. The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimer's disease and major depressive disorder. 6 Chemin Du Cyclotron, Louvain La Neuve, Wallonia, 1348, Belgium. For more information about AbbVie, please visit us at www.abbvie.com. Framingham, US. Chemin du Cyclotron 6. Abbvie announced on Tuesday that it has bought Syndesi Therapeutics, a Belgian company backed by Irish venture capital group Fountain Healthcare Partners. Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. The company's drugs can modulate the synaptic vesicle protein to handle the transmission between neurons in the brain to effectively treat Alzheimer's and other disorders with cognitive impairment, enabling healthcare providers to treat these diseases with the right . The company has also benefited from support from the Walloon Region. About Syndesi Therapeutics. AbbVie will pay Syndesi shareholders a US$130m upfront with another US$870m in potential additional payments contingent on reaching predetermined milestones. About Syndesi Therapeutics . "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of SDI-118 in a range of neurologic diseases," said Jonathan Savidge, chief executive officer, Syndesi Therapeutics. HQ. Published on March 6, 2022. This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of V-Bio Ventures Portfolio Company Syndesi Therapeutics Acquired by AbbVie to Strengthen its Neuroscience Portfolio, AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio. Get DCAT Value Chain Insights delivered to your inbox every Friday! AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio, Priothera FDA and EMA Grant Orphan Drug Designation to mocravimod for the treatment of Acute Myeloid Leukemia (AML) in patients undergoing allogeneic hematopoietic stem cell transplantation (HSCT), Priothera Enters Loan Agreement of 17.5 Million with the European Investment Bank. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. . Belgium, 1 September 2021: ExeVir, which is developing single domain antibody therapies providing broad protection against viral infections, today announces that the first patient has been treated in a Phase 1b/2 global clinical study of XVR011, . Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. AbbVie has bolstered its neuropsychiatric and neurodegenerative portfolio with the acquisition of Belgium-based Syndesi Therapeutics in a deal valued at up to $1 billion. ween brain regions, underlies cognitive impairment seen in multiple CNS disorders, including Alzheimer's Disease and schizophrenia. ICH GCP. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to AbbVie. Alzheon. Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. SWFI is a minority-owned organization. Under the terms of the agreement, AbbVie will pay Syndesi shareholders a$130mupfront payment with the potential for shareholders to receive additional contingent payments of up to$870mbased on the achievement of certain predetermined milestones. Augustine Therapeutics Belgium Private Located in Leuven, Belgium, Augustine Therapeutics is biotech company that discovers and develops innovative, best-in-class therapeutics for treating complex neurological disorders with axonal dysfunction. AbbVie Inc. said it's purchased a Belgian maker of neuroscience drugs in a deal that could be worth as much as $1 billion. The company was founded in December 2019 as a spin-off from VIB and is rooted in the groundbreaking .
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