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SYRS Syros Pharmaceuticals Inc

5.13
-0.07 (-1.35%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Syros Pharmaceuticals Inc NASDAQ:SYRS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.07 -1.35% 5.13 5.00 5.79 5.34 5.05 5.15 95,324 01:00:00

Syros Shares Up 10% After Getting FDA Orphan Drug Designation for Tamibarotene

02/02/2022 10:16pm

Dow Jones News


Syros Pharmaceuticals (NASDAQ:SYRS)
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From May 2021 to May 2024

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   By Stephen Nakrosis 
 

Shares of Syros Pharmaceuticals are trading higher in Wednesday's after-hours market, following the company's announcement the U.S. Food and Drug Administration granted orphan drug designation to tamibarotene to treat myelodysplastic syndrome.

The FDA grants orphan drug status to treatments for rare diseases and the designation qualifies the sponsor of the drug for various development incentives, including tax credits for qualified clinical testing.

At 4:42 p.m. ET, the company's shares were trading 10.36% higher at $2.13 a share.

The stock finished the day's regular-trading session with a 6.76% loss, closing at $1.93 a share.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

February 02, 2022 17:01 ET (22:01 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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