- The closing of the public offering provides the company with critical financial flexibility as it continues to advance its pipeline of products.
- The $7.5 million raised through the public offering is particularly significant in the context of Soligenix’s ongoing clinical development programs.
- SNGX notes multiple potential value drivers over the next 18 months, including clinical milestones, regulatory interactions and data readouts across its pipeline.
Soligenix (NASDAQ: SNGX) recently announced the closing of a $7.5 million public offering, providing the company with additional capital to advance its pipeline (https://ibn.fm/tCsub). This funding extends Soligenix’s cash runway through the end of 2026, ensuring that the company has the financial resources to reach key inflection points across its portfolio, including late-stage clinical trials and regulatory milestones. The move underscores Soligenix’s commitment to advancing therapies for rare diseases where there is significant unmet medical need.
The successful closing of the public offering provides Soligenix, a late-stage biopharmaceutical company focused on developing and commercializing treatments for rare diseases, with critical financial flexibility as it continues to advance its pipeline of orphan and fast-track designated…
NOTE TO INVESTORS: The latest news and updates relating to SNGX are available in the company’s newsroom at https://ibn.fm/SNGX
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