Organization Website: syndesitherapeutics.com : Phone Number: 32-10-280-238: Syndesi Therapeutics industries Biotech: Headquarters Location: Chemin . Use Slintel to connect with top decision-makers at Syndesi Therapeutics. AbbVie assumes no duty to update the information to reflect subsequent developments. No use of any AbbVie trademark, trade name, or trade dress in this site may be made without the prior written authorization of AbbVie Inc., except to identify the product or services of the company. The "Yes" link below will take you out of the AbbVie family of websites. For more information about AbbVie, please visit us atwww.abbvie.com. Personalize which data points you want to see and create visualizations instantly. Syndesi Therapeutics. AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio. Now, as part of AbbVie, the program is well positioned to move into later stages of clinical development.". COPENHAGEN, Denmark, March 1, 2022 /PRNewswire/ -- Novo Holdings, a leading international life sciences investor, today announces that its portfolio company Syndesi Therapeutics ('Syndesi'). Goodwin Procter LLP acted as lead legal counsel, along with Deloitte Legal, Belgium, and Lazard acted as the exclusive financial adviser to Syndesi. YOU ARE ABOUT TO LEAVE FOR A 3RD PARTY WEBSITE. "There is a major unmet need for new therapies that can help improve cognitive function in patients suffering from difficult-to-treat neurologic diseases," saidTom Hudson, M.D., senior vice president, R&D, chief scientific officer, AbbVie. 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. AbbVie has acquired Belgium-based company Syndesi Therapeutics in a deal worth up to $1bn, expanding its neuroscience portfolio.. Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Active, Closed, Last funding round type (e.g. Synaptic dysfunction, with the consequent disruption of connectivity bet ween brain regions, underlies cognitive impairment seen in multiple CNS . 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 . Follow @abbvie on Twitter, Facebook, Instagram, YouTubeand LinkedIn. "I am delighted with the closing of this deal. SV2A plays a central role in synaptic transmission (connections between neurons). AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. About Syndesi Therapeutics. Resources. Btiment Le Parc Name of the organization that made the acquisition, Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. The deal will allow AbbVie to access Syndesi's research into the potential treatment of cognitive impairment and other symptoms associated with neurodegenerative and neuropsychiatric disorders, including major depressive disorder and Alzheimer's disease. AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. 01 Mar 2022. 2022 PitchBook. Pipeline Prospector delivers free access to a database of drugs under clinical trials which made headlines done by Syndesi Therapeutics On Mar 2, 2022. | Country: Belgium. Novo Holdings and Fountain Healthcare Partners are the most recent investors. Ut enim ad min, To view Syndesi Therapeuticss complete valuation and funding history, request access, To view Syndesi Therapeuticss complete cap table history, request access, Youre viewing 5 of 50 competitors. Win whats next. Syndesi Therapeutics uses 8 technology products and services including HTML5, Google Analytics, and Microsoft Outlook, according to G2 Stack. This is a profile preview from the PitchBook Platform. "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 . AbbVie is providing these links to you only as a convenience and the inclusion of any link does not imply endorsement of the linked site by AbbVie. AbbVie will pay Syndesi's shareholders a $130 million upfront payment with the potential for Syndesi's shareholders to receive additional contingent payments of up to $870 million based on the achievement of certain predetermined milestones. The words "believe," "expect," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements. Syndesi Therapeutics is developing molecules which act in a unique way on the synaptic vesicle protein SV2A. 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. AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. For more information about AbbVie, please visit us atwww.abbvie.com. "I am delighted with the closing of this deal. Subscription management. The company's drugs can modulate the synaptic vesicl, eu fugiat nulla pariatur. 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. For further information SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. The North Chicago-based pharmaceutical giant (NYSE: ABBV . WhatsApp acquired by Facebook). "There is a major unmet need for new therapies that can help improve cognitive function in patients suffering from difficult-to-treat neurologic diseases," saidTom Hudson, M.D., senior vice president, R&D, chief scientific officer, AbbVie. 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. Company Type For Profit. The words "believe," "expect," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements. Syndesi Therapeutics Contact Information. A regenerative therapy company - Bone Therapeutics. 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. "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.". Syndesi Therapeutics serves customers worldwide. Published on March 6, 2022. Region: Europe. "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. Such risks and uncertainties include, but are not limited to, failure to realize the expected benefits from AbbVie's acquisition of Allergan plc ("Allergan"), failure to promptly and effectively integrate Allergan's businesses, competition from other products, challenges to intellectual property, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry and the impact of public health outbreaks, epidemics or pandemics, such as COVID-19. Developer of drug molecules designed to treat cognitive impairment. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Address: Centre d'Entreprises et d'Innovation (CEI) Incubator Chemin du Cyclotron 6 1348 Louvain-la-Neuve Belgium. View contacts for Syndesi Therapeutics to access new leads and connect with decision-makers. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Ste.103. 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). 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. Links which take you out of the AbbVie worldwide websites are not under the control of AbbVie, and AbbVie is not responsible for the contents of any such site or any further links from such site. With our robust radiopharmaceutical production and distribution network, mature contract manufacturing services, and now, high value radiopharmaceutical intellectual property, we are poised to deliver on the promise of . 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. Place de lUniversit 16 bte 27 Westside Therapeutics Westside Therapeutics Westside Therapeutics. Privacy policy The mechanism is currently . 1348 Louvain-la-Neuve Terms of use If you qualify, please. AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. Syndesi has an exclusive license to its platform technology from UCB, the leading company in SV2A research. 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 and related conditions. Cookie Settings. Get the full list. 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. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. AbbVie Inc. said it's purchased a Belgian maker of neuroscience drugs in a deal that could be worth as much as $1 billion. Such risks and uncertainties include, but are not limited to, failure to realize the expected benefits from AbbVie's acquisition of Allergan plc ("Allergan"), failure to promptly and effectively integrate Allergan's businesses, competition from other products, challenges to intellectual property, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry and the impact of public health outbreaks, epidemics or pandemics, such as COVID-19. It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies. The Internet site that you have requested may not be optimized to your screen size. 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