Aeglea BioTherapeutics, Inc./$SYRE

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About Aeglea BioTherapeutics, Inc.

Spyre Therapeutics Inc is a biotechnology company that aims to create the next-generation of inflammatory bowel disease (IBD) products by combining antibody engineering, rational therapeutic combinations, and precision medicine approaches for patient selection. IBD is a chronic condition characterized by inflammation within the gastrointestinal tract, including two main disorders which are UC and CD. It has a single reportable segment, which is the development of biopharmaceutical products for the treatment of patients with IBD and other immune-mediated disease.

Ticker

$SYRE
Primary listing

Industry

Biotechnology

Employees

73

ISIN

US00773J2024

SYRE Metrics

BasicAdvanced
$963M
-
-$3.01
2.80
-

Bulls say / Bears say

Spyre Therapeutics has a strong financial position with $205 million in cash and equivalents as of September 30, 2023, providing a runway into 2026, which supports sustained research and development efforts. (nasdaq.com)
The appointment of Cameron Turtle, DPhil, as CEO, along with industry veterans Jeffrey Albers and Laurie Stelzer to the Board, brings experienced leadership to drive the company's strategic initiatives. (nasdaq.com)
Spyre's pipeline includes promising candidates like SPY001 and SPY002, targeting α4β7 and TL1A respectively, both on track to enter clinical studies in 2024, potentially leading to innovative treatments for inflammatory bowel disease. (nasdaq.com)
The biotechnology sector is highly competitive, and Spyre's success depends on the clinical and commercial success of its pipeline, which is still in early stages, posing inherent risks. (nasdaq.com)
Despite a strong cash position, the company may require additional funding to bring its therapies to market, which could lead to shareholder dilution or increased debt. (nasdaq.com)
The recent reverse stock split at a 1-for-25 ratio indicates previous challenges in maintaining Nasdaq listing requirements, which may reflect underlying financial or operational issues. (aeglea.com)
Data summarised monthly by Lightyear AI. Last updated on 12 Jul 2025.
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