24/7 Market News Snapshot 18 August, 2025 – Soligenix, Inc. Common Stock (NASDAQ:SNGX)
DENVER, Colo., 18 August, 2025 (www.247marketnews.com) – (NASDAQ:SNGX) are discussed in this article.
Soligenix, Inc. is experiencing a notable surge in its stock price, rising to $4.281, marking an impressive increase of 53.99% from the previous day’s close of $2.780. The pre-market trading saw an astonishing volume of 8.85 million shares exchanged, indicating a strong bullish sentiment among investors. This surge reflects mounting confidence in Soligenix’s innovative biopharmaceutical initiatives, particularly its groundbreaking therapy SGX945, which recently received orphan drug designation from the United States Food and Drug Administration (FDA) for the treatment of Behçet’s Disease.
Behçet’s Disease is a serious inflammatory disorder affecting approximately 18,000 individuals in the U.S., highlighting a significant unmet medical need. The FDA’s orphan drug designation not only grants Soligenix seven years of market exclusivity upon final approval but also provides access to various regulatory and financial incentives that are crucial for the drug’s development. The recent Phase 2a clinical trial of dusquetide, the active ingredient in SGX945, yielded encouraging results, demonstrating both efficacy and safety for patients afflicted by this challenging condition.
Dr. Christopher J. Schaber, President and CEO of Soligenix, expressed enthusiasm for the potential of dusquetide, emphasizing the significance of this treatment for individuals with limited options. Dusquetide acts as an innate defense regulator, aiming to modulate the body’s inflammatory response without direct antibiotic properties. Its prior success in managing oral mucositis from cancer therapies further reinforces its promise.
As Soligenix continues advancing SGX945 through the regulatory landscape, the company remains committed to its mission of delivering transformative therapies for rare diseases, striving to enhance the quality of life for patients globally. The convergence of increasing investor interest and significant therapeutic advancements positions Soligenix as a noteworthy player in the biopharmaceutical sector.
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