Lyndra Announces Positive Data from Phase 3 Study with Oral Weekly Risperidone
Sun Pharmaceuticals Ltd. recently announced that it has reached a deal to pay $30 million for approximately 16.7% of fully diluted shares in Lyndra Therapeutics Inc.
Lyndra Therapeutics, a clinical-stage biopharmaceutical company, announced the closing of a US$101 million Series E financing round.
Lyndra Therapeutics Raises $101 Million in Series E Funding
Lyndra Therapeutics is letting go about 23% of its workforce as the Boston-area biotech seeks to trim operational costs ahead of a pivotal trial readout for a weekly version of the schizophrenia drug risperidone, a spokesperson for the company told Endpoints News.
Lyndra Therapeutics Announces Leadership Changes, Update on Pivotal Trial Progress
With a Phase III trial now underway for a once-weekly, long-acting version of the antipsychotic med risperidone, Lyndra Therapeutics is eyeing a large Series D to push it through a 2025 NDA filing with the goal of taking it to market in 2026.
WATERTOWN, Mass.--(BUSINESS WIRE)--Lyndra Therapeutics, a clinical-stage biopharmaceutical company working to make daily pills a thing of the past, today announced it will present a poster on the results of a simulation-based predictive modeling study comparing the Positive and Negative Syndrome Scale (PANSS) scores produced by oral weekly risperidone (LYN-005) and oral daily risperidone at the American Society of Clinical Psychopharmacology (ASCP) Annual Meeting, being held from May 30 to June 2, 2023, in Miami, Florida. The research will be presented at 12:30 p.m. EDT on June 1 by Lyndra’s Senior Director, Preclinical and Clinical Pharmacology, Jim Jiang, Ph.D.
Lyndra Therapeutics Doses First Clinical Trial Participant in Pivotal Study of Oral Weekly Risperidone (LYN-005) for Schizophrenia and Schizoaffective Disorder
WATERTOWN, Mass.--(BUSINESS WIRE)--Lyndra Therapeutics, a clinical-stage biopharmaceutical company pioneering long-acting oral therapies, today announced the appointment of Kyle B. Haraldsen as Lyndra’s Chief Technology Officer (CTO) and Helene Madonick, J.D., former Deputy General Counsel and Interim Director, Gender Equality Program Strategy at the Bill & Melinda Gates Foundation, and Ashish Singh, MBA, Senior Partner and former Healthcare Global Practice Leader at Bain & Company, to Lyndra’s Board of Directors.