SYBXSynlogic, Inc.

1.200USD-2.44%Mkt Cap: 14.70M $P/E:

Synlogic, Inc. does not have significant operations. It was previously engaged in the discovery and development of synthetic biotics to treat metabolic diseases. Synlogic, Inc. is based in Winchester, Massachusetts.

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Synlogic and Caldera sign merger agreement

The financing supports Phase II clinical development of CLD-423 in ulcerative colitis and Crohn’s disease.

Pharmaceutical Technology
Synlogic and Caldera sign merger agreement

The financing supports Phase II clinical development of CLD-423 in ulcerative colitis and Crohn’s disease.

Hospital Management
Synlogic and Caldera Therapeutics Announce Merger and $278 Million Private Placement

The merger will create a publicly traded company focused on advancing Caldera’s lead inflammatory bowel disease therapy, with financing expected to fund operations into 2029. Key Investor TakeawaysSynlogic (USOTC:SYBX) agreed to merge with privately held Caldera Therapeutics in an all-stock transaction to create a new public company.

InvestorsHub
Caldera, Vidya add to recent flurry of biotech mergers

The startups are part of a surge of young companies equipped with advanced drug prospects and quickly pivoting to the public markets.

BioPharma Dive