Syros Pharmaceuticals Merges with TYME Technologies

September 16, 2022

Syros Pharmaceuticals completed a merger with TYME Technologies, acquiring TYME's pipeline assets and approximately $60 million of net cash at closing. The transaction was accompanied by an oversubscribed $130 million PIPE financing to provide capital for Syros' late-stage hematology programs and early commercialization activities.

Buyers
Syros Pharmaceuticals, Inc.
Targets
TYME Technologies, Inc.
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

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