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BioWorld - Friday, May 8, 2026
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Home » Syros finds Tyme right for merger; $130M financing, too
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Syros finds Tyme right for merger; $130M financing, too

July 5, 2022
By Randy Osborne
The Hail Mary pass by Syros Pharmaceuticals Inc. – shares of which have dwindled severely since Jan. 3 – foreseen by some on Wall Street, came in the form of a $130 million financing and the merger with Tyme Technologies Inc., bringing in-house pipeline assets as well as net cash in a deal that, after accounting for wind-down and transaction expenses, is worth about $60 million.
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