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Soligenix halts Phase 3 FLASH2 trial for CTCL due to futility, plans data analysis and strategic options.

Company Fundamentals
08 May 2026
PRNewsWire
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Bearish
pluang ai news

Soligenix announced the halt of its Phase 3 FLASH2 trial for HyBryte™, a treatment for cutaneous T-cell lymphoma (CTCL), after an interim analysis showed the study did not meet efficacy expectations. Despite positive results in an earlier trial, the recent study showed no significant benefit after 18 weeks of treatment. The company will analyze the data to identify any patient subsets that might benefit and consider discussions with regulators. With $6 million cash and runway into Q2 2027, Soligenix will explore strategic options including mergers, acquisitions, and advancing other pipeline drugs like SGX945 for Behçet's Disease, which recently received orphan drug and promising medicine designations.

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