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NetworkNewsAudio Announces Audio Press Release (APR) on Promising First-Line Therapy for Rare Skin Cancer
GlobeNewswire News Room· 2025-08-08 12:30
Core Insights - Soligenix Inc. is advancing its late-stage therapy HyBryte for cutaneous T-cell lymphoma (CTCL), a rare cancer primarily affecting older adults, with a global market estimated at nearly $1 billion, 70% of which is in the U.S. [1] - HyBryte has received orphan drug designations in the U.S. and Europe, as well as FDA Fast Track status, and has shown statistically significant results in just six weeks during its initial phase 3 trial [1][2] - A second confirmatory phase 3 study, FLASH2, is currently underway, with top-line results expected in 2026 [1] Company Overview - Soligenix is a late-stage biopharmaceutical company focused on developing products for rare diseases with unmet medical needs, particularly through its Specialized BioTherapeutics segment [3] - The company is also developing synthetic hypericin for psoriasis and has other programs targeting inflammatory diseases and Behçet's disease [3] - The Public Health Solutions segment includes vaccine candidates for ricin toxin, filoviruses, and COVID-19, supported by government grants and contracts [4]
Soligenix Inc. (NASDAQ: SNGX) Innovative Platform Provides Novel Treatment for Underserved CTCL Space
Globenewswire· 2025-08-05 12:30
Company Overview - Soligenix Inc. is a late-stage biopharmaceutical company focused on developing and commercializing products for rare diseases with unmet medical needs [4] - The company is advancing its HyBryte(TM) platform, a novel therapy for treating cutaneous T-cell lymphoma (CTCL), primarily affecting older adults [3][4] - Successful U.S.-based manufacturing of HyBryte's active ingredient has been established, positioning the company for significant impact in the healthcare sector [3] Product Development - The Specialized BioTherapeutics segment is moving towards potential commercialization of HyBryte(TM) after completing the second Phase 3 study, with regulatory approvals anticipated [4] - Other development programs include synthetic hypericin (SGX302) for psoriasis, and dusquetide (SGX942) for inflammatory diseases, including oral mucositis in head and neck cancer [4] - The Public Health Solutions segment includes vaccine candidates such as RiVax(R) for ricin toxin, and CiVax(TM) for COVID-19, supported by government grants and contracts [5] Market Context - The aging U.S. population is facing increasing challenges from chronic and rare diseases, with over 30 million Americans affected by rare diseases [2] - The Trump administration's initiatives aim to improve access to treatments and accelerate medical innovation in response to this healthcare crisis [2]