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Nano-Cap Soligenix Stock Surges Over 200% On Tuesday, Here's Why

Jul 9, 2024, 12:01 PM EDT1 sourcesAI-analyzed

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Soligenix Inc SNGX shares surged 221.5% on heavy volume of 23.6 million shares. Interim update on the study evaluating extended Hybryte treatment for early-stage CTCL. Positive responses to HyBryte therapy seen in patients, with promising safety profile. HyBryte treatment resulted in 60% of patients achieving a 50% or better improvement. Soligenix anticipates completing the study and participating in a confirmatory Phase 3 trial.

  • Soligenix Inc SNGX shares surged 221.5% on heavy volume of 23.6 million shares.
  • Interim update on the study evaluating extended Hybryte treatment for early-stage CTCL.
  • Positive responses to HyBryte therapy seen in patients, with promising safety profile.
  • HyBryte treatment resulted in 60% of patients achieving a 50% or better improvement.
  • Soligenix anticipates completing the study and participating in a confirmatory Phase 3 trial.

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