AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. Chemin du Cyclotron 6. Description. Klinikai vizsglatok nyilvntartsa. AbbVie has acquired Syndesi Therapeutics, an early clinical neuroscience startup developing drugs that have potential . 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. "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.". It can be contacted at Chemin Du Cyclotron 6 . SYNDESI THERAPEUTICS Company Description SYNDESI THERAPEUTICS is a Naamloze vennootschap registered in Belgium with the Company reg no 0686.599.355. 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). Regulating synaptic transmission represents a promising approach to treating Alzheimer's Disease and other disorders with cognitive impairment. 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. 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. . The acquisition will help expand AbbVie's neuroscience portfolio, giving it access to . AbbVie will pay Syndesi shareholders a US$130m upfront with another US$870m in potential additional payments contingent on reaching predetermined milestones. 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. 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 . The lead molecule, SDI-118, has successfully completed three Phase I studies including PET target engagement and biomarker measures. All Rights Reserved. Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. Use Slintel to connect with top decision-makers at Syndesi Therapeutics. See insights on Syndesi Therapeutics including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 21 11% increase. US biopharmaceutical company, AbbVie, has completed the acquisition of Syndesi Therapeutics, a Belgium-based clinical stage biotechnology company. There was an error. Syndesi will help to expand AbbVies neuroscience portfolio. ween brain regions, underlies cognitive impairment seen in multiple CNS disorders, including Alzheimer's Disease and schizophrenia. Unlike levetiracetam and other types of SV2A modulators discovered and developed by UCB for epilepsy, the novel . 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. 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. The declared activity is Groothandel in farmaceutische producten. 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. "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. AbbVie Acquires Syndesi Therapeutics in $1-Bn Deal. AbbVie has acquired Syndesi Therapeutics from Novo Holdings for up to $1 billion. 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). Syndesi Therapeutics General Information. Syndesi Therapeutics SA, a clinical stage biotechnology company developing novel modulators of . The North Chicago-based pharmaceutical giant (NYSE: ABBV . Institutional Investor Events - Network, Learn, and Grow, Centre d'Entreprises et d'Innovation (CEI) Incubator Chemin du Cyclotron 6 1348 Louvain-la-Neuve Belgium. Syndesi Therapeutics is a Pharmaceutical Company located in Belgium, Europe, and was founded in 2018. 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. ICH GCP. Syndesi Therapeutics Foundation date 19/12/2017 Sector #Biotechnology - Therapeutics Subsector. 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. Belgium. 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. Turnhoutseweg 30. SWFI is a minority-owned organization. AbbVie (NYSE: ABBV) completed the acquisition of Syndesi Therapeutics SA, a Belgium-based clinical stage biotechnology company pioneering the development of novel . HQ. 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 . | Advertise UCB's Neuroscience researchers in Belgium have designed a unique class of novel SV2A modulators. They are also entitled to get further contingent payments of up to $870m on meeting specific pre-set milestones. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by . #Diseases of the nervous system . 2008-2022 Sovereign Wealth Fund Institute. manufacturing value chain. Request Profile Update; Download Data 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. The lead molecule, SDI-118, has successfully completed three Phase I studies including PET target engagement and biomarker measures. About Syndesi Therapeutics. The company has also benefited from support from the Walloon Region. 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 Therapeutics is based in Belgium and will leverage UCB's neurology expertise in modulating the synaptic vesicle protein SV2A. . | News 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. AbbVie Inc. said it's purchased a Belgian maker of neuroscience drugs in a deal that could be worth as much as $1 billion. Syndesi Therapeutics is building upon a rich legacy of research on SV2A conducted at UCB. Syndesi is based on research from Belgian pharmaceutical company UCB. the global Bio/Pharmaceutical 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. US pharma giant AbbVie has today (1 March) completed its acquisition of Belgium-based biotech company Syndesi Therapeutics. Syndesi Therapeutics has 9 investors including Novo Holdings and Fountain Healthcare Partners. Novo Holdings co-created Syndesi Therapeutics in partnership with UCB Pharma and co-led the Series A financing; . 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. | Disclaimer Syndesi is The company has also benefited from support from the Walloon Region. February 1, 2018 - 3 minutes. Syndesi Therapeutics. Belgium +32 (0)9 241 80 41 BTW BE 0863 763 620 RPR Gent Contact us . 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. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Founded in December 2017 and based in Belgium , Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate . Find company research, competitor information, contact details & financial data for Syndesi Therapeutics of Ottignies-Louvain-la-Neuve, WALLOON BRABANT. 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. 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 . 2016-2021 All Rights Reserved. All material subject to strictly enforced copyright laws. Published on March 6, 2022. AbbVie has acquired Belgium-based company Syndesi Therapeutics in a deal worth up to $1bn, expanding its neuroscience portfolio.. 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 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 has 5 employees across 2 locations and $21.13 m in total funding,. According to the deal, shareholders of Syndesi will receive an upfront payment of $130m from AbbVie. AbbVie will pay Syndesi shareholders an upfront payment of $130m as part . 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. UCB identified novel modulators of SV2A that show pro-cognitive properties in preclinical models. 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). The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimer's disease and major depressive disorder. Now, as part of AbbVie, the program is well positioned to move into later stages of clinical development.". We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. Jonathan Savidge, Chief Executive Officer, Syndesi Therapeutics, said: "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of . 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. Fountain Healthcare Partners. 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 . Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. Syndesi Therapeutics: Pharmaceutical Company in Belgium, Europe. 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. For more information about AbbVie, please visit us at www.abbvie.com. To learn more, please visit www.dcat.org. "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. 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. 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. When was the last funding round for . The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimers disease and major depressive disorder. 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 is located in Louvain-la-neuve, Vlaams-Brabant, Belgium. View company. Alzheon is a company committed to developing breakthrough medicines for patients suffering from Alzheimer's disease and other neurological disorders. About Syndesi Therapeutics . Developer of drug molecules designed to treat cognitive impairment. About Syndesi Therapeutics. The shareholders can receive additional contingent payments of $870 million upon the achievement of . Framingham, US. Abbvie announced on Tuesday that it has bought Syndesi Therapeutics, a Belgian company backed by Irish venture capital group Fountain Healthcare Partners. Report incorrect company . 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 . Mar 1, 2022. 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. Get the latest business insights from Dun & Bradstreet. If you are an entrepreneur with an ambitious plan, use the button below to say hello. Syndesi Therapeutics has been formed by UCB and a group of investors, including Novo Seeds and V-Bio to develop a group of compounds for cognitive disorders caused by diseases like Alzheimer's. Syndesi Therapeutics will use of Belgian biotech UCB's expertise in drug discovery for neurological conditions to . Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of . 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 . Ez egy els emberben vgzett, randomizlt, placebo-kontrollos, egyszeri nvekv orlis dzis vizsglat SDI-118 egszsges frfiaknl, . The Phase I program has been supported in part by funding from the Walloon Region. 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 . Alzheon. 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. SECTOR. 2017. 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. 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. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. The lead molecule, SDI-118, was discovered by UCB before being out-licensed to Syndesi as of 2018. | Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Life Science. Get DCAT Value Chain Insights delivered to your inbox every Friday! 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 develops a drug candidate for the treatment of consecutive cognitive disorders of various neurological conditions. Company profile page for Syndesi Therapeutics SA including stock price, company news, press releases, executives, board members, and contact information 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. Established. Belgium, 1 September 2021: ExeVir, which is developing single domain antibody therapies providing broad protection against viral infections, today announces that the first patient has been treated in a Phase 1b/2 global clinical study of XVR011, . / BELGIUM / WALLOON BRABANT / OTTIGNIES-LOUVAIN-LA-NEUVE / Syndesi Therapeutics; AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. No affiliation or endorsement, express or implied, is provided by their use. It was registered 2017-12-19. Syndesi Therapeutics was formed in 2017 and is based in Louvain-la-Neuve, Belgium. Business Description. "I am delighted with the closing of this deal. DCAT Value Chain Insights is produced by the Drug, Chemical & 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. 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. 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. Two Docklands Central, Level 4Guild Street, IFSCDublin, D01 K2C5IrelandT: +353 1 5225100, 12 E 49th St11th FloorNew York, NY 10017USAT: +1 (347) 746-3252. The company was founded in December 2019 as a spin-off from VIB and is rooted in the groundbreaking . UCB identified novel modulators of SV2A that show pro-cognitive properties in preclinical models. The lead molecule, SDI-118, was discovered by UCB before being out-licensed to Syndesi as of 2018. Syndesi is focused on developing therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. 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. Syndesi Therapeutics, a Belgian developer of a series of novel, procognitive SV2A modulators, raised 17M in Series A financing. Who invested in Syndesi Therapeutics? SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. About Syndesi Therapeutics. The round was led by Novo Seeds and Fountain Healthcare together . We will be in touch soon. Belgium. 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. 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 essential resource for | Contact Syndesi is focused on developing therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. 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