WALTHAM,
Mass., June 3, 2024 /PRNewswire/ -- Syndax
Pharmaceuticals (Nasdaq: SNDX), a clinical-stage
biopharmaceutical company developing an innovative pipeline of
cancer therapies, today announced that on June 1, 2024 the Company granted inducement
awards to purchase up to 499,200 shares of common stock to
fifty-three new employees under the Company's 2023 Inducement Plan.
The stock options will vest over four years, with 25% of the
underlying shares vesting on the one-year anniversary of the
vesting commencement date and 1/48th of the underlying shares
vesting monthly thereafter over 36 months, subject to the
employee's continued service relationship with Syndax through the
applicable vesting dates.
About Syndax
Syndax is a clinical stage biopharmaceutical company developing
an innovative pipeline of cancer therapies. Highlights of the
Company's pipeline include revumenib, a highly selective menin
inhibitor, and axatilimab, a monoclonal antibody that blocks the
colony stimulating factor 1 (CSF-1) receptor. For more information,
please visit www.syndax.com or follow the Company
on X (formerly Twitter) and LinkedIn.
Syndax Contact
Sharon Klahre
Syndax Pharmaceuticals, Inc.
sklahre@syndax.com
Tel 781.684.9827
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SOURCE Syndax Pharmaceuticals, Inc.