Syros Pharmaceuticals (SYRS) Tops Q2 EPS by 7c

Syros Pharmaceuticals (NASDAQ: SYRS) reported Q2 EPS of ($0.43), $0.07 better than the analyst estimate of ($0.50).

“The second half of 2018 promises to be an important time for Syros,” said Nancy Simonian, M.D., Chief Executive Officer of Syros. “Over the next several months, we plan to report initial clinical data from our Phase 2 trial evaluating the safety and efficacy of SY-1425 in combination with standard-of-care and targeted agents in genomically defined subsets of patients with acute myeloid leukemia and myelodysplastic syndrome. We plan to open expansion cohorts in the ongoing Phase 1 trial of SY-1365 in multiple patient populations with ovarian and breast cancers, as well as report data from the dose-escalation portion of the trial. Notably, we expect this to be the first-ever reported human clinical data on a selective inhibitor of CDK7, which is gaining increased recognition as an important new drug target in oncology. Together, we believe these clinical results will provide important insights into these programs and hopefully bring us closer to our vision of translating our leadership in gene control into medicines that provide profound benefit for patients.”

For earnings history and earnings-related data on Syros Pharmaceuticals (SYRS) click here.

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