SECTOR. AbbVie Completes Acquisition of Syndesi Therapeutics, for Up - FinSMEs Novo Holdings Portfolio Company Syndesi Therapeutics acquired by AbbVie Syndesi Therapeutics SA - Company Profile and News AbbVie Acquires Syndesi Therapeutics in $1-Bn Deal The mechanism is currently being evaluated . AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. 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. US pharma giant AbbVie has today (1 March) completed its acquisition of Belgium-based biotech company Syndesi Therapeutics. 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. Turnhoutseweg 30. 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 . SWFI is a minority-owned organization. There is a major unmet need for new therapies that can improve cognitive function across these various CNS disorders. Business Description. Ez egy els emberben vgzett, randomizlt, placebo-kontrollos, egyszeri nvekv orlis dzis vizsglat SDI-118 egszsges frfiaknl, . For more information about AbbVie, please visit us at www.abbvie.com. Syndesi Therapeutics is a Pharmaceutical Company located in Belgium, Europe, and was founded in 2018. The round was led by Novo Seeds and Fountain Healthcare together . Syndesi Therapeutics develops a drug candidate for the treatment of consecutive cognitive disorders of various neurological conditions. AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of . Life Science. Klinikai vizsglat a Kognitv zavarok: SDI-118, Placebo - Klinikai About Syndesi Therapeutics. Syndesi Therapeutics Will Fight Cognitive Disorders Caused by Alzheimer's | News Unlike levetiracetam and other types of SV2A modulators discovered and developed by UCB for epilepsy, the novel . 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. Description. 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. Who invested in Syndesi Therapeutics? Syndesi is focused on developing therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. UCB and investor syndicate led by Novo Seeds launch Syndesi NORTH CHICAGO, Ill., March 1, 2022 /PRNewswire/ -- AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. UCB identified novel modulators of SV2A that show pro-cognitive properties in preclinical models. 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 . D&B Business Directory . 21 11% increase. The company has also benefited from support from the Walloon Region. SYNDESI THERAPEUTICS Company Description SYNDESI THERAPEUTICS is a Naamloze vennootschap registered in Belgium with the Company reg no 0686.599.355. Syndesi Therapeutics | EU-Startups Get DCAT Value Chain Insights delivered to your inbox every Friday! 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. 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 . 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 . Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. 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. Its current trading status is "live". 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. 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. Alzheon is a company committed to developing breakthrough medicines for patients suffering from Alzheimer's disease and other neurological disorders. 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 . | Advertise 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 AbbVies neuroscience portfolio. 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 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. 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. 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. About Syndesi Therapeutics. 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. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by . 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. Get the latest business insights from Dun & Bradstreet. The shareholders can receive additional contingent payments of $870 million upon the achievement of . Company profile page for Syndesi Therapeutics SA including stock price, company news, press releases, executives, board members, and contact information AbbVie will pay Syndesi shareholders an upfront payment of $130m as part . AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Belgium. Syndesi Therapeutics has raised 26.2M. 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 Therapeutics SA, a clinical stage biotechnology company developing novel modulators of . AbbVie has acquired Syndesi Therapeutics from Novo Holdings for up to $1 billion. 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 . 6 Chemin Du Cyclotron, Louvain La Neuve, Wallonia, 1348, Belgium. DCAT Value Chain Insights is produced by the Drug, Chemical & Syndesi Therapeutics is based in Belgium and will leverage UCB's neurology expertise in modulating the synaptic vesicle protein SV2A. AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio Belgium. "There is a major unmet need for new therapies that can help improve cognitive function in patients suffering from difficult-to-treat neurologic diseases," said Tom Hudson, M.D., senior vice president, R&D, chief scientific officer, AbbVie. 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. Employees. About Syndesi Therapeutics. "I am delighted with the closing of this deal. Syndesi Therapeutics Foundation date 19/12/2017 Sector #Biotechnology - Therapeutics Subsector. 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). ICH GCP. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by . The essential resource for 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. This acquisition gives AbbVie access to Syndesis portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. 2016-2021 All Rights Reserved. manufacturing value chain. "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. Syndesi Therapeutics. PDF Registered Address Chemin du Cyclotron 1348 Louvain-la-Neuve BELGIUM 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. The North Chicago-based pharmaceutical giant (NYSE: ABBV . Syndesi has an exclusive license to its platform technology from UCB, the leading company in SV2A research. Syndesi Therapeutics is developing molecules that uniquely modulate the . | Contact . 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. Beerse, Vlaanderen. 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. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Founded 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. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. No affiliation or endorsement, express or implied, is provided by their use. This . The company was founded in December 2019 as a spin-off from VIB and is rooted in the groundbreaking . 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. 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. Fountain Healthcare Partners. AbbVie has acquired Belgium-based company Syndesi Therapeutics in a deal worth up to $1bn, expanding its neuroscience portfolio.. If you are an entrepreneur with an ambitious plan, use the button below to say hello. There is a major unmet need for new therapies that can improve cognitive function across these various CNS disorders. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. How much funding has Syndesi Therapeutics raised to date? AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience development association for companies engaged in the global bio/pharmaceutical manufacturing value chain. Abbvie pays up to 895m for Irish funded dementia drug group Syndesi Therapeutics is a Pharmaceutical Company located in Belgium, Europe, and was founded in 2018. AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience 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 . Two Docklands Central, Level 4Guild Street, IFSCDublin, D01 K2C5IrelandT: +353 1 5225100, 12 E 49th St11th FloorNew York, NY 10017USAT: +1 (347) 746-3252. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Under the terms of 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. 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. Novo Holdings Novo Holdings Portfolio Company Syndesi Therapeutics #Therapeutics - Small molecules Therapeutic areas. President Biden Emphasizes Plan for Cancer Moonshot Program. Klinikai vizsglatok nyilvntartsa. AbbVie Bolsters Neuro Platform with $1B Syndesi Buy 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 Therapeutics Company Profile - Craft 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. 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. Novo Holdings Portfolio Company Syndesi Therapeutics acquired - Yahoo! Founded in December 2017 and based in Belgium , Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate . It was registered 2017-12-19. 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. It can be contacted at Chemin Du Cyclotron 6 . 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. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to AbbVie. Syndesi Therapeutics | VIVES fund Top MOMA Therapeutics Competitors and Alternatives | Craft.co It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies. Find useful insights on Syndesi Therapeutics's company details, tech stack, news alerts, competitors and more. 2017. Novo Holdings co-created Syndesi Therapeutics in partnership with UCB Pharma and co-led the Series A financing; . Report incorrect company . Request Profile Update; Download Data AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience 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. 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. Syndesi Therapeutics - Pharmaceutical Company, Belgium - SWFI Syndesi | VentureRadar We will be in touch soon. Syndesi is Syndesi was created in 2018 as the result of a close collaboration between Novo Seeds, the company creation arm of Novo Holdings, and UCB Pharma, the Belgium-based global pharmaceutical company . Syndesi Therapeutics was acquired by AbbVie on March 1, 2022 Syndesi Therapeutics was formed in 2017 and is based in Louvain-la-Neuve, Belgium. The acquisition will expand AbbVie's neuroscience portfolio, including providing access to Syndesi's range of novel modulators of the synaptic . Established. #Diseases of the nervous system . the global Bio/Pharmaceutical Syndesi Therapeutics has 9 investors including Novo Holdings and Fountain Healthcare Partners. 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). 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. | UCB's Neuroscience researchers in Belgium have designed a unique class of novel SV2A modulators. UCB identified novel modulators of SV2A that show pro-cognitive properties in preclinical models. All Rights Reserved. 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 . AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Mar 1, 2022. Syndesi is focused on developing therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. The declared activity is Groothandel in farmaceutische producten. Company Summary. Syndesi Therapeutics Company Insights, Tech Stack, and Competitors Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. 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. ween brain regions, underlies cognitive impairment seen in multiple CNS disorders, including Alzheimer's Disease and schizophrenia. Use Slintel to connect with top decision-makers at Syndesi Therapeutics. 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. Regulating synaptic transmission represents a promising approach to treating Alzheimer's Disease and other disorders with cognitive impairment. AbbVie expands neuroscience portfolio with Syndesi acquisition 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. Syndesi Therapeutics is a belgium based developing molecules and biotech company. 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. Syndesi Therapeutics Company Profile: Acquisition & Investors | PitchBook View company. AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio 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 Company Profile - Dun & Bradstreet Home AbbVie Completes Acquisition of Syndesi Therapeutics, for Up To USD1 Billion, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. The company has also benefited from support from the Walloon Region. 2008-2022 Sovereign Wealth Fund Institute. Syndesi Therapeutics, a Belgian developer of a series of novel, procognitive SV2A modulators, raised 17M in Series A financing. / BELGIUM / WALLOON BRABANT / OTTIGNIES-LOUVAIN-LA-NEUVE / Syndesi Therapeutics; Syndesi Therapeutics has 5 employees across 2 locations and $21.13 m in total funding,. Syndesi Acquired by Abbvie for up to $1 Billion 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. 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. Novo Holdings Syndesi Therapeutics Our News | UCB Ventures AbbVie (NYSE: ABBV) completed the acquisition of Syndesi Therapeutics SA, a Belgium-based clinical stage biotechnology company pioneering the development of novel .
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