BNET Industries
Market Cap:$112.4M
Last Fiscal Year Sales:$2.6M
- Public
- US
Dow Jones Description
We are a biopharmaceutical company focused on discovering, developing, and commercializing small molecule drugs to extend and enhance the lives of patients with severe medical conditions, including cancer and chronic inflammatory diseases. We have three clinical-stage drug candidates and several drug candidates in the preclinical and discovery stages, each of which has a distinct chemical structure, mechanism of action, and market opportunity. Each of our drug candidates was discovered and developed internally using our proprietary, unique chemical compound library and integrated discovery engine. In October 2007, as amended in June 2008, we entered into a global collaborative development, commercialization and license agreement, or the GSK Agreement, with GlaxoSmithKline, or GSK, for the joint development and commercialization of elesclomol, one of our oncology drug candidates. In December 2008, we entered into a collaborative license agreement, or the Roche Agreement, with Hoffmann-La Roche, or Roche, for our CRACM inhibitor program, which is currently in the lead optimization stage. We retain all rights to our other drug candidates and programs. We believe that our demonstrated ability to generate new drug candidates from our discovery platform, our ability to effectively enroll and conduct clinical trials, and our ability to enter into partnerships with leading multinational pharmaceutical companies are important competitive advantages. ...
Number of Employees 129
Contact Information
45 Hartwell Ave
Lexington, Massachusetts 02421-3102
(781) 274-8200
Peer Companies
NAICS Code Pharmaceutical Preparation Manufacturing: 325412
Recent Events
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Roth Capital Upgrades Synta Pharmaceuticals SNTA to Buy
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Synta Pharmaceuticals posts net income in Q3
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Synta Pharmaceuticals Reports Second Quarter 2009 Financial Results
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Synta Pharmaceuticals SNTA Names Dr. Vojo Vukovic as Chief Medical Officer
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Company and People Notes: Synta and GSK End Agreement; WuXi Appoints US VP; More...
News & Analysis
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synta pharmaceuticals corp. - All News and Analysis
Synta Pharmaceuticals Corp. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionSafi Bahcall I will now open the call to questions and discussion. Operator? Operator Operator Instructions. Our first question is from Joel Sendek of Lazard Capital Markets. Joel Sendek - Lazard Capital Markets It appears to me that the biggest risk of the company is that, you...
Synta Pharmaceuticals Corp. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Jim Birchenough with Barclays Capital. Jim Birchenough - Barclays Capital Hi, guys, thanks for taking the question. Just on the timelines for the SYMMETRY trial, it seems like a bit of a push out in timelines for...
Synta Pharmaceuticals Corp. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions our first question comes from the line of Mike King with Rodman & Renshaw Mike King - Rodman & Renshaw Hey, good morning. Can you hear me okay? Safi Bahcall Yes we can hear you, Mike. ...
Synta Pharmaceuticals Corp.'s CEO Safi Bahcall Named Ernst & Young Entrepreneur Of The Year® 2008 Award Winner in New England
Safi Bahcall Recognized for Innovation and Breakthrough Developments in Biotechnology/Pharmaceuticals Category LEXINGTON, Mass. -- Synta Pharmaceuticals Corp. (NASDAQ: SNTA), a biopharmaceutical company focused on discovering, developing, and commercializing small molecule drugs to treat severe medical conditions, today announced that its President and Chief Executive Officer, Safi Bahcall, Ph.D. received...
Synta Pharmaceuticals Corp. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, Dr. Bahcall. Ladies and gentlemen, we will now be conducting a question-and-answer session. Operator Instructions Thank you. And our first question comes from the line of Mike King with Rodman & Renshaw. Please proceed with your question. Mike King - Rodman & Renshaw Hi, good...
Synta Pharmaceuticals Added to NASDAQ Biotechnology Index
LEXINGTON, Mass. -- Synta Pharmaceuticals Corp. (NASDAQ: SNTA), today announced that the Company has been selected for inclusion in the NASDAQ Biotechnology Index NBI, effective as of the market's open on Monday, May 19, 2008. "We are pleased to be included in the NASDAQ Biotechnology Index," commented Safi Bahcall,...
Synta Pharmaceuticals Corp. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, Dr. Bahcall. Operator Instructions Our first question comes from the line of Mike King with Rodman & Renshaw. Please proceed with your question. Mike King - Rodman & Renshaw Can you hear me? Safi Bahcall Yeah. Mike King - Rodman & Renshaw I am sorry....
Synta Pharmaceuticals to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference
Company to Webcast Presentation on February 7 LEXINGTON, Mass. -- Synta Pharmaceuticals Corp. (NASDAQ: SNTA), a biopharmaceutical company focused on discovering, developing, and commercializing small molecule drugs to treat severe medical conditions, today announced that the Company will be presenting at the Merrill Lynch Global Pharmaceutical, Biotechnology and Medical...
Synta Pharmaceuticals Corp. Strengthens Oncology Clinical and Commercial Team
New Hires Support STA-4783 Late Stage Development
Montgomery & Co. LLC Announces Investment Opinion: Montgomery & Co. LLC Initiates Coverage on Synta Pharmaceuticals Corp
SAN FRANCISCO -- Montgomery & Co., LLC, a leading investment bank for growth companies in the information technology, communications, healthcare and media sectors, announced today that Principal and Analyst Shiv S. Kapoor has initiated coverage on Synta Pharmaceuticals Corp. (SNTA - $9.15). Synta is a biopharmaceutical company based in Lexington,...
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