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Soligenix reports $1.1M Q3 loss, advances rare disease drug SGX945, cash to fund operations through Q2 2028

Company Fundamentals
06 Nov 2026, 14:30 WIB
PRNewsWire
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Neutral
Soligenix reports $1.1M Q3 loss, advances rare disease drug SGX945, cash to fund operations through Q2 2028

Soligenix announced a net loss of $1.1 million for Q3 2026, improved from $2.5 million a year earlier, mainly due to reduced R&D costs after terminating the FLASH2 trial. The company is advancing its rare disease drug SGX945 for Behçet's disease, which showed promising safety and biological activity in early trials. With $9 million in cash, Soligenix expects to fund operations into Q2 2028 while exploring partnerships, licensing, and other strategic options to enhance shareholder value. Maintaining its Nasdaq listing remains a priority to support capital access and strategic opportunities.

Soligenix reported a net loss of $1.1 million for Q3 2026, improved from $2.5 million a year earlier. For readers following the health sector, here is Pluang's market snapshot as of Nov 06, 2026 18:31 WIB: out of 150 priced US health stocks, 47 rose and 94 fell. Notable movers include ELAN at USD 25.28 (+6.80%), AMPH at USD 29.45 (+6.47%), and BKD at USD 10.15 (-6.11%).

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