Syndax sees operating expense base remaining stable over next few years

For FY26, the company expects total research and development plus selling, general and administrative expenses to be approximately $400M, excluding the impact of $50M in estimated non-cash stock compensation expense. Syndax (SNDX) expects that its operating expense base will remain stable over the next couple of years. As a result, Syndax expects that its cash, cash equivalents and short-term investments, combined with its anticipated product revenue, collaboration revenue and interest income, will enable the company to reach profitability.