Synairgen

Synairgen

SYGGF
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Private Company

Total funding raised: $2.4M

Market Cap: $110KFounded: 2003HQ: Southampton, United Kingdom

Overview

Synairgen is a clinical-stage biotech focused on developing inhaled interferon beta (SNG001) as a broad-spectrum, host-directed antiviral for severe respiratory infections. Founded on pioneering academic research into lung immunology, the company has advanced SNG001 through multiple clinical trials, including during the COVID-19 pandemic, demonstrating proof-of-concept. Its current strategy is to target the high-mortality, underserved population of mechanically ventilated patients in intensive care through a Phase 2 trial (INVENT), leveraging a novel mechanism of action that is agnostic to the specific virus.

Respiratory InfectionsCritical Care

Technology Platform

Platform centered on inhaled delivery of interferon-beta (IFN-β) to boost the lungs' innate immune defenses, based on pioneering ex vivo human lung model research identifying IFN-β deficiency as a key driver of severe viral illness.

Funding History

2
Total raised:$2.4M
Grant$2.4M
IPOUndisclosed

Opportunities

A successful Phase 2 INVENT trial in mechanically ventilated patients could unlock a blockbuster, first-in-class opportunity in a severe, high-mortality population with no approved broad-spectrum antivirals.
The host-directed mechanism also provides a platform for expansion into other high-risk groups and pandemic preparedness.

Risk Factors

High clinical trial risk in a critically ill patient population, dependence on future dilutive financing given its pre-revenue status, and eventual need for a large pharma partnership to commercialize effectively in the ICU setting.

Competitive Landscape

Competes with virus-specific direct-acting antivirals but is a leader in developing a broad-spectrum, host-directed inhaled therapy for severe disease. Faces limited direct competition in the specific niche of inhaled IFN-β for the ICU, but larger players could enter the space.

Company Timeline

2003Founded

Founded in Southampton, United Kingdom

2004IPO

Initial Public Offering

2020Grant

Grant: $2.4M