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Synta to Host First-Quarter 2011 Conference Call on May 5
Annual meeting scheduled for June 2, 2011

LEXINGTON, Mass., Apr 21, 2011 (BUSINESS WIRE) -- Synta Pharmaceuticals Corp. (NASDAQ: SNTA), a biopharmaceutical company focused on discovering, developing, and commercializing small molecule drugs to treat severe medical conditions, today announced that it will release its first-quarter 2011 financial results before the market opens on Thursday, May 5, 2011.

Management will conduct a conference call at 10:00 a.m. (ET) that morning to review the Company's first-quarter financial results. The conference call will be webcast live over the Internet and can be accessed by logging on to the "Investors" section of the Synta Pharmaceuticals website, www.syntapharma.com, prior to the event.

The call also can be accessed by dialing (877) 407-8035 or (201) 689-8035 prior to the start of the call. For those unable to join the live conference call, a replay will be available from 2:00 p.m. (ET) on May 5 through midnight (ET) on May 12. To access the replay, dial (877) 660-6853 or (201) 612-7415 and refer to both account number 286 and conference ID 371460. The webcast also will be archived on the Company's website.

Synta also announced it will hold its Annual Meeting of Stockholders on Thursday, June 2, 2011 at 9:00 a.m. (ET) at its corporate headquarters in Lexington, Massachusetts.

About Synta Pharmaceuticals

Synta Pharmaceuticals Corp. is a biopharmaceutical company focused on discovering, developing, and commercializing small molecule drugs to extend and enhance the lives of patients with severe medical conditions, including cancer and chronic inflammatory diseases. Synta has a unique chemical compound library, an integrated discovery engine, and a diverse pipeline of clinical- and preclinical-stage drug candidates with distinct mechanisms of action and novel chemical structures. All Synta drug candidates were invented by Synta scientists using our compound library and discovery capabilities. For more information, please visit www.syntapharma.com.

SOURCE: Synta Pharmaceuticals Corp.

Synta Pharmaceuticals Corp.
Rob Kloppenburg, 781-541-7125