Synvista Therapeutics, Inc. (SYNI)
Synvista Therapeutics, Inc. operates in the Medical - Pharmaceuticals industry of the Healthcare sector, headquartered in Parsippany, US. The stock last traded at $0.00, down 100.00% on the session, giving a market capitalisation of $3. Its beta of -5.15 implies it has historically moved less than the broad market.
Synvista Therapeutics, Inc. functions as a biopharmaceutical company dedicated to creating both diagnostic tools and therapeutic drugs. Its core objective is to identify and provide treatment options for diabetic patients who are at an elevated risk of developing cardiovascular disease. The company's product portfolio includes ALT-2074, a glutathione peroxidase mimetic currently in Phase II clinical trials, which aims to treat diabetic patients with Hp2-2. Additionally, Synvista is advancing Alagebrium chloride (or alagebrium), an Advanced Glycation End-product Crosslink Breaker, also in Phase II trials, for its potential application in treating diastolic heart failure and diabetic nephropathy. Beyond its therapeutic pipeline, the firm is actively developing a diagnostic test specifically designed to detect and guide treatment for diabetic individuals prone to cardiovascular complications. Founded in 1986, the company was previously known as Alteon, Inc. and maintains its corporate headquarters in Montvale, New Jersey.