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Published on 6/20/2008 in the Prospect News Special Situations Daily.

Synta director reports purchase of company shares

By Lisa Kerner

Charlotte, N.C., June 20 - Keith R. Gollust, a Synta Pharmaceuticals Corp. director, bought 96,097 shares of the company's stock between May 16 and June 11.

The shares were priced from $6.94 to $7.17 each, according to a schedule 13D filed with the Securities and Exchange Commission.

Gollust beneficially owns 1,708,243 shares, or 5%, of the Lexington, Mass., biopharmaceutical company.


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