Soligenix announces second quarter 2026 financial results and pipeline updates
Net loss narrowed to $2.0 million, with $9.8 million cash. The company discontinued its HyBryte program and continues advancing SGX945 and ThermoVax.
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Biopharmaceutical company developing rare disease treatments and biodefense vaccines
soligenix.comLast updated
In short: Soligenix discontinued its HyBryte CTCL program after a Phase 3 futility halt and narrowed its net loss to $2.0 million in Q2 2026.
Net loss narrowed to $2.0 million, with $9.8 million cash. The company discontinued its HyBryte program and continues advancing SGX945 and ThermoVax.
The company plans to submit an application to CEPI by June 12, 2026, leveraging its ThermoVax platform and prior filovirus vaccine data.
The platform could enable rapid development of a thermostable subunit vaccine for the ongoing Ebola outbreak in Congo.
Net loss was $2.8 million; cash $6.0 million; FLASH2 trial halted for futility; strategic options including M&A to be evaluated.
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