Soligenix To Test Synthetic Hypericin In Psoriasis Patients

  • Soligenix Inc SNGX says that following the validation of synthetic hypericin's biologic activity, the Company will be expanding the therapy under the research name SGX302 into psoriasis.
  • Related Content: Soligenix Stock Moves Higher On US Orphan Drug Tag For T-cell Lymphoma Candidate.
  • Visible light-activated synthetic hypericin is a photodynamic therapy (PDT) that is expected to avoid much of the long-term risks associated with other PDT treatments. 
  • Synthetic hypericin is a potent photosensitizer topically applied to skin lesions and taken up by cutaneous T-cells. 
  • The use of visible light in the red-yellow spectrum has the advantage of deeper penetration into the skin, potentially treating deeper skin disease and thicker plaques and lesions. 
  • The Company plans to start enrollment in the latter part of 2022. 
  •  Price Action: SNGX stock is down 5.91% at $1.04 during the market session on the last check Thursday.
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