Tonight, Soligenix, Inc.’s (Nasdaq: SNGX) ($SNGX) Chairman, President and Chief Executive Officer, Dr. Christopher J. Schaber, is on the New to The Street Show. Talking with TV Host Jane King from the Nasdaq MarketSite studio, he explains the Company’s business as a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need. The Company has a robust pipeline contained within its two business segments. The Company’s Specialized BioTherapeutics segment focuses on developing products for orphan diseases and areas of unmet medical need in oncology and inflammation. Their Public Health Solutions segment develops heat-stable vaccines and therapeutics for military and civilian applications in ricin exposure, emerging and antibiotic-resistant infectious diseases, and viral diseases, including Ebola, Marburg, and COVID-19. Dr. Schaber talks about HyBryte™ (synthetic hypericin) in the treatment of cutaneous T-cell lymphoma (CTCL) and expects to file a NDA (New Drug Application) in Q4, targeting FDA market authorization approval sometime in the second half of 2023. Since HyBryte’s FDA Phase 3 completion, the FDA’s Orphan Product Division granted the Company $2.6M to further explore extended treatment options. From these funds, the Company is looking at how clinicians, including the Telehealth professionals, can further the treatment uses of the HyBryte’s light unit. Dr. Schaber talks about the Company’s work in finding a treatment for Psoriasis, another unmet medical need. The active ingredients in its CTCL treatment also appear to be effective in treating those with Psoriasis. He told viewers to expect the Company to initiate a Phase 2 clinical study for the Psoriasis treatment in December 2022. The on-screen QR code is available during the show; download or visit Soligenix, Inc. (Nasdaq: SNGX) ($SGNX) – https://www.soligenix.com/.
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