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Stock impact report

Soligenix's Upcoming Catalyst For Pipeline Product SGX301 Could Offer A Nice Trade Opportunity [Seeking Alpha]

Soligenix, Inc. (SNGX) 
NASDAQ:AMEX Investor Relations: soligenix.com/investors
Company Research Source: Seeking Alpha
SummarySoligenix announced positive preliminary results from its phase 3 study using SGX301 to treat patients with cutaneous T-cell lymphoma.With 8-week preliminary data released, another catalyst opportunity is at play because 12-week data from the phase 3 study is anticipated to be released June of 2020.The goal is to submit an NDA for SGX301 for the treatment of cutaneous T-cell lymphoma and then work eventually submitting an application for potential approval in the European Union.Soligenix had $5.4 million in cash as of December 31, 2019, it expects this to be enough cash to fund its operations for 12 months from March 30, 2020.Soligenix (SNGXPhase 3 Study Achieves Positive Preliminary DataThe first program to go over involves the use of SGX301 for the treatment of patients with cutaneous T-cell lymphoma.CTCL is a rare type of non-Hodgkin lymphoma (NHL))Non-Hodgkin lymphomaMycosis fungoidesBeing that CTCL is a rare type of NHL, it is not going to produce massive revenues. That's Show less Read more
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