Synta Pharmaceuticals

Synta outlines new corporate strategy, cuts 43 jobs

Monday, February 9, 2015

Synta Pharmaceuticals, a Lexington, Mass.-based biopharmaceutical company, has outlined a new corporate strategy aimed at focusing the company’s resources on achieving key value creating milestones in 2015 and 2016, and transforming the organization into an oncology biopharmaceuticals company. Part of this process involves cutting 20% of employees from payroll, or 43 jobs.

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Aveo announces executive transition, corporate restructuring

Thursday, January 8, 2015

Aveo Oncology, based in Cambridge, Mass., has appointed Michael P. Bailey as the company’s president, CEO and director, effective immediately. Aveo also said it will eliminate the company’s internal research function, as well as certain corporate support positions, to align corporate resources with the company’s future strategic plans, focusing on advancement of its pipeline in the clinical setting.

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PSI, Synta Pharmaceuticals collaborate on trial

Tuesday, March 5, 2013

Switzerland-based CRO PSI said it has been selected by Synta Pharmaceuticals to conduct its GALAXY-2 trial, a randomized, phase III study of Ganetespib in combination with Docetaxel versus Docetaxel alone in patients with advanced non-small cell lung cancer.  PSI currently is initiating this 500-patient study across 15-plus countries.

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Synta announces phase IIb/III trial for Ganetespib

Monday, March 7, 2011

Synta Pharmaceuticals, a biopharmaceutical company that develops small molecule drugs for medical conditions, announced that a phase IIb/III clinical trial of ganetespib (STA-9090) in combination with docetaxel in non-small cell lung cancer (NSCLC) will begin in 2011. Ganetespib is a potent inhibitor of heat shock protein 90 (Hsp90) that is structurally unrelated to earlier Hsp90 inhibitors such as 17-AAG. 

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