Soligenix, Inc., a late-stage biopharmaceutical company, focuses on developing and commercializing products to treat rare diseases in the United States. It operates in two segments, Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops SGX301 (HyBryte), a novel photodynamic therapy, which has completed Phase III clinical trial for the treatment of treat cutaneous T-cell lymphoma; and SGX942, an innate defense regulator technology that is in Phase III clinical trial for the treatment of inflammatory diseases, including oral mucositis in head and neck cancer. This segment also offers proprietary formulations of oral beclomethasone 17,21-dipropionate for the prevention/treatment of gastrointestinal disorders characterized by severe inflammation, including SGX203 for pediatric Crohn's disease; and SGX302 that is in Phase I/II clinical trial for the treatment of mild-to-moderate psoriasis. The Public Health Solutions segment is involved in the development of RiVax, a ricin toxin vaccine candidate, which has completed Phase Ia and Ib clinical trials; SGX943, a therapeutic candidate that is in pre-clinical stage for the treatment of antibiotic resistant and emerging infectious diseases; ThermoVax, a technology in pre-clinical development for thermostabilizing vaccines; and CiVax, a vaccine candidate in pre-clinical development for the prevention of COVID-19. The company was formerly known as DOR BioPharma, Inc. and changed its name to Soligenix, Inc. in 2009. Soligenix, Inc. was incorporated in 1987 and is headquartered in Princeton, New Jersey.
Soligenix Trading Up 1.2 %
SNGX opened at $0.86 on Thursday. Soligenix has a twelve month low of $0.38 and a twelve month high of $1.23. The company has a 50-day simple moving average of $0.68 and a 200 day simple moving average of $0.65. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 1.50.
Soligenix (NASDAQ:SNGX - Get Rating) last issued its earnings results on Friday, May 13th. The biopharmaceutical company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The business had revenue of $0.19 million for the quarter, compared to analyst estimates of $0.20 million. Soligenix had a negative return on equity of 121.28% and a negative net margin of 1,710.71%. On average, research analysts predict that Soligenix will post -0.32 earnings per share for the current fiscal year.