Synlogic

Synlogic

SYBX
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SYBX · Stock Price

USD 0.64-0.48 (-42.41%)
Market Cap: $7.0M

Historical price data

Market Cap: $7.0MPipeline: 10 drugs (1 Phase 3)Founded: 2013Employees: 1-10HQ: Cambridge, United States

Overview

Synlogic Therapeutics is a clinical-stage biotech company developing Synthetic Biotics—engineered living microbes designed as targeted, orally administered therapeutics. The company's mission is to leverage synthetic biology to create transformative treatments for diseases with high unmet need, such as Phenylketonuria (PKU) and Homocystinuria (HCU). Its strategy involves advancing its modular platform through clinical proof-of-concept, though it currently faces significant financial and execution risks as a micro-cap public entity. Recent pipeline prioritization and workforce reductions reflect a focused but constrained operational strategy.

Metabolic DisordersRare Diseases

Technology Platform

Proprietary Synthetic Biotic platform involving the genetic engineering of non-pathogenic bacterial strains (e.g., E. coli Nissle) with synthetic gene circuits to sense disease environments and produce therapeutic payloads locally within the gastrointestinal tract.

Pipeline

10
10 drugs in pipeline1 in Phase 3
DrugIndicationStageWatch
SYNB1934v1 + PlaceboPhenylketonuriaPhase 3
SYNB1618 + SYNB1934PhenylketonuriaPhase 2
SYNB1618 + PlaceboPhenylketonuriaPhase 1/2
SYNB1020CirrhosisPhase 1/2
SYNB8802 + PlaceboHealthyPhase 1

Funding History

3
Total raised:$140M
IPO$70M
Series B$40M
Series A$30M

Opportunities

If successful, SYNB1353 could provide the first disease-modifying oral therapy for Homocystinuria, addressing a severe unmet need in an ultra-rare disease with potential for orphan drug pricing and exclusivity.
A positive clinical readout could revalidate the Synthetic Biotic platform, potentially opening doors to partnerships or pipeline expansion.

Risk Factors

The company faces imminent financial insolvency following the Phase 3 failure of its lead PKU program and a drastic reduction in operations.
Its future is entirely dependent on positive early-stage data from a single asset (SYNB1353), with a high risk of clinical failure, platform invalidation, or inability to finance continued operations.

Competitive Landscape

In HCU, Synlogic faces limited direct therapeutic competition but competes within the broader, emerging field of engineered live biotherapeutics. The company's distinct approach of extensive genetic engineering must now prove clinical success against a backdrop of significant skepticism following the PKU trial failure.

Company Timeline

2013Founded

Founded in Cambridge, United States

2014Series A

Series A: $30.0M

2016Series B

Series B: $40.0M

2017IPO

IPO — $70.0M