By Robb M. Stewart

 

Syndax Pharmaceuticals Inc. said the U.S. Food and Drug Administration has granted fast-track designation to its leukemia treatment SNDX-5613.

The biopharmaceutical company said Monday the designation underscores the potential of SNDX-5613 for the treatment of adult and pediatric patients with relapsed or refractory acute leukemias harboring a mixed lineage leukemia rearranged or nucleophosmin mutation.

FDA fast-track designation is designed to help development and expedite the review of drugs to treat serious conditions with an unmet medical need.

Syndax's shares were 5.4% higher in premarket trading, after ending Friday at $18.36, down 17% so far in 2021.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

June 28, 2021 08:12 ET (12:12 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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