Sector: Healthcare | Industry: Biotechnology & Medical Research |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE C-10, 29 EMMONS DRIVE PRINCETON NJ 08540 |
Tel: | N/A |
Website: | https://www.soligenix.com |
IR: | See website |
Key People | ||
Christopher J. Schaber Chairman of the Board, Chief Executive Officer and President | Jonathan L. Guarino Chief Financial Officer, Senior Vice President, Corporate Secretary | Oreola Donini Senior Vice President, Chief Scientific Officer | Richard C. Straube Senior Vice President and Chief Medical Officer |
Business Overview |
Soligenix, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need. Its Specialized BioTherapeutics segment is developing and focused on the commercialization of HyBryte (a proposed name of SGX301), a novel photodynamic therapy (PDT), utilizing topical synthetic hypericin activated with safe visible light for the treatment of cutaneous T-cell lymphoma (CTCL). Development programs in this segment also include expansion of synthetic hypericin (SGX302) into psoriasis and dusquetide (SGX942 and SGX945) for the treatment of inflammatory diseases. Its Public Health Solutions segment includes development programs for RiVax, its ricin toxin vaccine candidate and SGX943, its therapeutic candidate for antibiotic resistant and emerging infectious disease and its vaccine programs targeting filoviruses (such as Marburg and Ebola) and CiVax, its vaccine candidate for the prevention of COVID-19. |
Financial Overview |
For the fiscal year ended 31 December 2023, Soligenix Inc revenues decreased 12% to $839K. Net loss decreased 55% to $6.1M. Revenues reflect Public Health Solutions segment decrease of 52% to $444K. Lower net loss reflects Specialized BioTherapeutics segment loss decrease of 63% to $2.8M, Corporate segment loss decrease of 27% to $4.8M. Basic Earnings per Share excluding Extraordinary Items increased from -$4.81 to -$0.79. |
Employees: | 13 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $0.90M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.84M as of Dec 31, 2023 |
EBITDA (TTM): | -$7.69M as of Dec 31, 2023 |
Net annual income (TTM): | -$6.14M as of Dec 31, 2023 |
Free cash flow (TTM): | -$8.60M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 14,241,837 as of Apr 19, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |