Workflow
HyBryte™
icon
Search documents
Biotech and Medical Tech Stocks to Watch - Big Moves Following Clinical Trial News
Investorideas.com· 2025-10-08 13:41
Biotech and Medical Tech Stocks to Watch - Big Moves Following Clinical Trial News October 8, 2025 - (Investorideas.com Newswire), a go-to investing platform covering biotech and medtech stocks releases an industry snapshot looking at recent clinical trial updates, featuring Aethlon Medical, Inc. (Nasdaq: AEMD), a medical therapeutic company focused on developing products to treat cancer and life-threatening infectious diseases. Recent clinical trial update news from Aethlon Medical, Inc. (Nasdaq: AE ...
Soligenix Achieves Important Safety Milestone in its Confirmatory Phase 3 Clinical Trial of HyBryte™ for the Treatment of Cutaneous T-Cell Lymphoma
Prnewswire· 2025-10-07 11:30
FLASH 2 Study Interim Efficacy Analysis Targeted for 1H2026 HyBryteTM (0.25%) hypericin (PRNewsfoto/SOLIGENIX, INC.) "We are pleased to have reached this important milestone, confirming the expected safety to date in the confirmatory FLASH2 study," stated Christopher J. Schaber, PhD, President and Chief Executive Officer of Soligenix. "As patient enrollment continues to track with our initial estimates, we anticipate providing an update, including enrollment progress and the blinded aggregate response rate, ...
Soligenix Announces Appointment of Former White House Economic Adviser Tomas J. Philipson, PhD as Strategic Advisor
Prnewswire· 2025-09-23 11:30
Core Insights - Soligenix, Inc. has appointed Dr. Tomas J. Philipson as a Strategic Advisor, bringing extensive experience in U.S. economic and healthcare policy to the company [1][2][3] - The company is advancing its lead product candidate, HyBryte, which is currently in a confirmatory Phase 3 clinical trial for the treatment of cutaneous T-cell lymphoma (CTCL) [3][9] Company Overview - Soligenix is a late-stage biopharmaceutical company focused on developing and commercializing products for rare diseases with unmet medical needs [15] - The company’s Specialized BioTherapeutics segment is working on HyBryte, a novel photodynamic therapy utilizing synthetic hypericin for CTCL treatment [15] Product Details - HyBryte (SGX301) is a first-in-class photodynamic therapy that uses safe, visible light for activation, targeting malignant T-cells in skin lesions [4] - The treatment has shown significant efficacy in clinical trials, with a 16% response rate in the first treatment cycle compared to 4% in the placebo group [5] - In the second treatment cycle, a 40% response rate was observed among patients receiving 12 weeks of HyBryte treatment [6] Clinical Trials - The first Phase 3 FLASH trial enrolled 169 patients, demonstrating statistically significant improvements in lesion reduction [5] - A second confirmatory Phase 3 trial, FLASH2, is expected to begin before the end of 2024, aiming to replicate the successful design of the first trial [9][10] - The FDA has awarded a $2.6 million Orphan Products Development grant to support an investigator-initiated study of HyBryte for early-stage CTCL [12] Market Context - CTCL is a rare form of non-Hodgkin's lymphoma affecting approximately 31,000 individuals in the U.S. and 38,000 in Europe, with no current cure available [14][13] - The safety profile of HyBryte is a significant advantage, as it is not associated with DNA damage, unlike many existing therapies [8]
Soligenix Corporate Update Letter - Key Highlights and Upcoming Milestones
Prnewswire· 2025-07-08 11:30
Core Insights - Soligenix, Inc. is focused on developing and commercializing products for rare diseases with unmet medical needs, with a promising late-stage pipeline and potential strategic options including partnerships and M&A opportunities [1][3] Financial Overview - The company has sufficient capital and cash runway to meet its goals into Q1 2026, with expected peak annual net sales of HyBryte™ in the U.S. exceeding $90 million and a total addressable worldwide CTCL market estimated at over $250 million annually [2][13] - The total addressable worldwide psoriasis market opportunity with SGX302 is estimated to exceed $1 billion annually, while SGX945 in Behçet's Disease (BD) has a market opportunity of approximately $200 million annually, leading to potential global annual sales of around $2 billion [2][11] Clinical Development - The confirmatory Phase 3 FLASH2 study for HyBryte™ is ongoing, with top-line results expected in the second half of 2026, and enrollment is on track [4][5] - The ongoing Phase 2a study of SGX302 in mild-to-moderate psoriasis has shown promising results, with previous cohorts demonstrating biologic activity and early clinical success [7][10] - A pilot Phase 2a proof of concept clinical trial for SGX945 in Behçet's Disease is expected to yield top-line results in Q3 2025 [11] Market Potential - Psoriasis affects approximately 60-125 million people globally, with the global treatment market valued at around $30 billion in 2023 and projected to reach $58-67 billion by 2030 [8][9] - Behçet's Disease is an orphan disease with around 18,000 known cases in the U.S. and 50,000 in Europe, impacting the quality of life for patients [12] Manufacturing and Partnerships - The company has successfully transferred the manufacturing of synthetic hypericin to a U.S. facility, optimizing the process for larger batch production [10] - Soligenix is actively pursuing partnerships in ex-U.S. markets to enhance its marketing authorizations for HyBryte™ and explore other potential cutaneous indications [6][14]
Soligenix Announces Synthetic Hypericin Successfully Manufactured at Sterling Pharma Solutions
Prnewswire· 2025-07-01 11:30
Core Viewpoint - Soligenix, Inc. has successfully completed the transfer of synthetic hypericin active ingredient manufacturing to the U.S., optimizing a scalable production process for its topical drug products HyBryte™ and SGX302, aimed at treating cutaneous T-cell lymphoma (CTCL) and psoriasis respectively [1][2]. Company Overview - Soligenix is a late-stage biopharmaceutical company focused on developing products for rare diseases with unmet medical needs, particularly HyBryte™ for CTCL and SGX302 for psoriasis [15]. - The company is advancing its clinical programs and aims for potential commercialization worldwide following successful clinical trials [2][15]. Product Details - HyBryte™ is a first-in-class photodynamic therapy using synthetic hypericin, which is activated by safe visible light, targeting malignant T-cells in skin lesions [3]. - The treatment has shown significant anti-proliferative effects and has received orphan drug and fast track designations from the FDA and EMA [3][8]. Clinical Trial Results - The Phase 3 FLASH trial enrolled 169 patients, demonstrating a 16% response rate for HyBryte™ compared to 4% for placebo in the first treatment cycle [4]. - In the second treatment cycle, a 40% response rate was observed among patients receiving 12 weeks of HyBryte™ treatment [5]. - The third optional treatment cycle showed that 49% of patients who received HyBryte™ throughout all cycles had a positive treatment response [7]. Future Development - A second Phase 3 trial, FLASH2, is expected to begin before the end of 2024, replicating the successful design of the first trial with an extended treatment duration [9]. - The FDA has indicated that a longer duration comparative study may be preferred, and discussions are ongoing to address their feedback [9]. Financial Support - The FDA awarded a $2.6 million Orphan Products Development grant to support an investigator-initiated study evaluating HyBryte™ for expanded treatment in early-stage CTCL patients [11].
Soligenix Highlights Dr. Ellen Kim's Recent Q&A and the Promise of HyBryte™ in Ongoing Clinical Trials
GlobeNewswire News Room· 2025-06-06 13:37
Core Insights - Soligenix, Inc. is advancing HyBryte™ (synthetic hypericin) as a potential new therapy for early-stage cutaneous T-cell lymphoma (CTCL), specifically targeting mycosis fungoides (MF), the most common form of CTCL [1][7] - The company emphasizes the urgent need for safer and more effective therapies for CTCL, as there has not been a new FDA-approved skin-directed therapy in over 10 years [3][4] Company Overview - Soligenix is a late-stage biopharmaceutical company focused on developing products for rare diseases with unmet medical needs, including HyBryte™ for CTCL and other therapeutic programs [7] - The company is also involved in vaccine development for biodefense and infectious diseases, supported by government funding [8] Clinical Development - Dr. Ellen Kim, the Lead Principal Investigator, highlighted the promising clinical results from ongoing Phase 3 FLASH studies, noting that participants have experienced positive outcomes with no serious adverse events leading to dropouts [3][4] - HyBryte™ operates through a unique mechanism that does not damage DNA, theoretically reducing the risk of skin cancer compared to traditional phototherapy [4] Research and Future Directions - Dr. Kim expressed excitement about the open enrollment in HyBryte™ clinical trials, emphasizing the critical role of patient participation in advancing new therapies [6] - The company aims to seek regulatory approvals for HyBryte™ following the successful completion of its second Phase 3 study [7]
Positive Outcome in 75% of CTCL Patients Treated with HyBryte™ for 18 Weeks
Prnewswire· 2025-04-14 11:30
Core Insights - The interim results from an FDA-funded study indicate that HyBryte™ shows a rapid response and strong safety profile in treating early-stage cutaneous T-cell lymphoma (CTCL), with 75% of patients achieving "Treatment Success" after 18 weeks of treatment [1][2][3] Company Overview - Soligenix, Inc. is a late-stage biopharmaceutical company focused on developing products for rare diseases with unmet medical needs, particularly in the area of CTCL [16][17] - The company is advancing HyBryte™ (SGX301), a novel photodynamic therapy utilizing synthetic hypericin, which has received orphan drug and fast track designations from the FDA [5][11] Study Details - The ongoing open-label, investigator-initiated study (IIS) has enrolled nine patients, with six out of eight evaluable patients achieving a predefined "Treatment Success" [2][3] - The study is designed to evaluate the efficacy of HyBryte™ over a treatment period of up to 54 weeks, with a focus on the cumulative mCAILS score [4][12] Treatment Efficacy - In the first Phase 3 FLASH study, HyBryte™ demonstrated a 16% response rate for at least a 50% reduction in lesions compared to 4% in the placebo group, indicating significant efficacy [6][7] - The second open-label treatment cycle showed a 40% response rate among patients treated for 12 weeks, further supporting the efficacy of extended treatment [7][8] Safety Profile - HyBryte™ has been reported to have a benign safety profile, with no significant systemic absorption and a mechanism of action that avoids DNA damage, making it a safer alternative to current therapies [9][10] - The treatment has been well tolerated across multiple cycles, with 66% of patients opting to continue treatment in the optional safety cycle [8][9] Future Developments - A confirmatory Phase 3 study, FLASH2, is expected to begin before the end of 2024, aiming to replicate the successful design of the first FLASH study and enroll approximately 80 subjects [11][12] - The study will assess the efficacy of HyBryte™ over an extended 18-week treatment period, with ongoing discussions with the FDA regarding study design [11][12] Financial Support - The FDA has awarded a grant of up to $2.6 million to support the investigator-initiated study evaluating HyBryte™ for expanded treatment options, including home use [13]
Soligenix Announces Recent Accomplishments and Year End 2024 Financial Results
Prnewswire· 2025-03-21 11:30
Core Viewpoint - Soligenix, Inc. is focused on advancing its clinical programs and achieving significant development milestones, particularly in the treatment of rare diseases with unmet medical needs, while managing its financial resources effectively [2][9]. Recent Accomplishments - The company has opened patient enrollment for its confirmatory Phase 3 study evaluating HyBryte™ in early-stage cutaneous T-cell lymphoma (CTCL) and has reported positive interim results from an open-label study of HyBryte™ [7][9]. - Formation of a European Medical Advisory Board to provide strategic guidance for the ongoing clinical studies [7]. Financial Results - For the year ended December 31, 2024, Soligenix reported revenues of $0.1 million, a decrease from $0.8 million in the previous year, primarily due to timing issues with government grant funding [4]. - The net loss for the year was $8.3 million, or ($4.98) per share, compared to a net loss of $6.1 million, or ($12.66) per share, in the prior year, influenced by a reverse stock split and increased research and development expenses [5][6]. - Research and development expenses rose to $5.2 million from $3.3 million, driven by costs related to new clinical trials [6]. Cash Position - As of December 31, 2024, the company had approximately $7.8 million in cash, which is expected to support operations through 2025 while exploring various strategic options for funding [2][8].
HyBryte™ Treatment Studies Presented at Two Medical Conferences in March
Prnewswire· 2025-03-06 12:30
Core Insights - Soligenix, Inc. is presenting findings on the efficacy of HyBryte™ (synthetic hypericin) for treating cutaneous T-cell lymphoma (CTCL) and psoriasis at two major dermatology conferences in March 2025 [1][4][6] Group 1: Clinical Findings - Recent supportive studies indicate that longer treatment times with HyBryte™ improve efficacy, with a study showing a 40% response rate in patients treated for 12 weeks compared to a 4% response in the placebo group [5][11] - The Phase 3 FLASH trial demonstrated that 16% of patients receiving HyBryte™ achieved at least a 50% reduction in lesions, significantly higher than the 4% in the placebo group [10] - HyBryte™ has shown a statistically significant improvement in treating both plaque and patch lesions of CTCL, with response rates of 42% and 37% respectively [11] Group 2: Safety and Regulatory Status - HyBryte™ has received orphan drug and fast track designations from the FDA, indicating its potential as a safe and effective treatment for CTCL [9] - The treatment mechanism of HyBryte™ is not associated with DNA damage, making it a safer alternative compared to current therapies that carry significant side effects [13] - The FDA awarded a $2.6 million Orphan Products Development grant to support the evaluation of HyBryte™ for expanded treatment in early-stage CTCL patients [17] Group 3: Market Potential - The global psoriasis treatment market was valued at approximately $15 billion in 2020 and is projected to reach as much as $40 billion by 2027, indicating significant commercial potential for HyBryte™ in treating psoriasis [23] - CTCL affects approximately 31,000 individuals in the U.S. and 38,000 in Europe, highlighting a substantial patient population for potential treatment [19] Group 4: Company Overview - Soligenix, Inc. focuses on developing products for rare diseases with unmet medical needs, including HyBryte™ for CTCL and SGX302 for psoriasis [24]