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Salarius Pharmaceuticals, Inc. - SLRX STOCK NEWS

Welcome to our dedicated page for Salarius Pharmaceuticals news (Ticker: SLRX), a resource for investors and traders seeking the latest updates and insights on Salarius Pharmaceuticals stock.

Salarius Pharmaceuticals, Inc. (Symbol: SLRX) is a clinical-stage biopharmaceutical company dedicated to developing innovative cancer treatments. The company’s unique approach targets cancers with high unmet medical needs through two main types of drugs: targeted protein inhibitors and targeted protein degraders. Salarius is currently focused on two primary drug candidates: Seclidemstat (SP-2577) and SP-3164.

Seclidemstat is a small molecule inhibitor designed to modify the activity of proteins involved in gene regulation. It is currently being evaluated in a Phase 1/2 clinical trial for Ewing sarcoma, an aggressive bone and soft tissue cancer. Notably, the trial has shown promising results, with a recent partial response in an additional patient and an objective response rate of 60% among first-relapse Ewing patients treated with the combination of Seclidemstat, Topotecan, and Cyclophosphamide.

The second candidate, SP-3164, is a small molecule protein degrader aimed at targeting and destroying cancer-promoting proteins. This novel approach could offer a new avenue for cancer treatment, potentially overcoming resistance mechanisms that limit the efficacy of standard therapies.

Salarius Pharmaceuticals is committed to advancing its clinical programs and expanding its pipeline through strategic partnerships and collaborations. The company's mission is to develop transformative therapies that can significantly improve the lives of cancer patients.

Latest News:

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Salarius Pharmaceuticals announced that CEO David Arthur will present at the BIO Investor Forum Digital from October 13 to 15, 2020. The presentation, available on demand, will cover the company's business overview, recent achievements, and milestones for their lead candidate seclidemstat. This reversible LSD1 inhibitor is currently in Phase 1/2 trials for Ewing sarcoma, a rare pediatric cancer, and advanced solid tumors. The presentation will also include details on Salarius' regulatory designations and ongoing clinical programs.

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Salarius Pharmaceuticals (Nasdaq: SLRX) has announced participation in two investor conferences in September 2020. CEO David Arthur will present the company's business model, recent achievements, and upcoming milestones, particularly highlighting seclidemstat, their leading drug candidate in Phase 1/2 trials for Ewing sarcoma and advanced solid tumors. The presentations are scheduled for September 16 and 17, 2020, with live webcasts available. Salarius, focusing on oncological treatments, has received Fast Track and Orphan Drug Designations from the FDA, showcasing its commitment to addressing critical cancer needs.

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Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX) announced that CEO David Arthur will present at the 2020 LD 500 Conference, taking place virtually from September 1-4, 2020. Arthur's presentation will cover Salarius' business overview and recent clinical achievements, particularly for its lead compound, seclidemstat, a reversible LSD1 inhibitor currently in Phase 1/2 trials for Ewing sarcoma and advanced solid tumors. The presentation is scheduled for September 1 at 3:20 PM ET, with a live webcast available for attendees.

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Salarius Pharmaceuticals (Nasdaq: SLRX) reported significant developments following a $6.2 million public offering closed on August 3, 2020. The company recorded a net loss of $1.8 million for Q2 2020, down from $0.9 million in the previous year, with increased R&D and administrative costs contributing to losses. Salarius is expanding its clinical trial for seclidemstat to include Ewing-related sarcomas, supported by promising preliminary data. Current cash reserves stand at $7.2 million, with additional funding opportunities available through the CPRIT contract.

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Salarius Pharmaceuticals (SLRX) announced a conference call on August 12, 2020, at 4:30 p.m. ET, to present its Q2 2020 corporate and financial results. The company is focused on treating cancers linked to dysregulated gene expression, with its lead candidate, seclidemstat, in Phase 1/2 trials, specifically for Ewing sarcoma.

Salarius has received several designations from the FDA, including Fast Track and Orphan Drug Designations. The company also secured financial support for its clinical programs, including an $18.7 million award from CPRIT.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced the issuance of a European patent for its lead compound, seclidemstat, which targets cancers caused by dysregulated gene expression. The European Patent EP2744330 was issued on July 15, 2020, and covers both composition and methods of use for seclidemstat, currently in Phase 1/2 trials for Ewing sarcoma and advanced solid tumors. Salarius aims to validate this patent across major EU countries, ensuring protection until at least August 2032. The company holds 24 issued patents globally and has additional applications pending.

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Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX) announced a public offering of 4,461,209 shares of its common stock priced at $1.20 per share, aiming to raise approximately $5.3 million before expenses. The offering is expected to close on August 3, 2020, pending customary conditions. Ladenburg Thalmann & Co. Inc. is the sole book-running manager. Salarius focuses on treating cancers linked to dysregulated gene expression, with their lead candidate, seclidemstat, currently in clinical trials for Ewing sarcoma and other cancers.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced the launch of an underwritten public offering of its common stock. The offering, managed by Ladenburg Thalmann & Co. Inc., is subject to market conditions and may not be completed as planned. The company has a shelf registration statement effective as of May 17, 2019. Salarius focuses on developing treatments for cancers linked to dysregulated gene expression, with its lead candidate, seclidemstat, under clinical evaluation for Ewing sarcoma and other tumors. Risks related to the offering and market conditions are highlighted in the release.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced the expansion of its ongoing clinical trial for seclidemstat, aimed at treating relapsed Ewing sarcoma, to include Ewing-related sarcomas sharing similar biology. Pre-clinical and early clinical data show promise, with one refractory patient showing an 80% reduction in target lesions. The trial will also enroll up to 30 patients with related sarcomas. This move indicates Salarius' belief in seclidemstat's potential efficacy and aims to broaden its application in treating sarcomas, addressing a significant medical need.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced that an abstract on its Phase 1/2 clinical trial of seclidemstat for Ewing sarcoma has been accepted for presentation at the ASCO Virtual Scientific Program from May 29-31, 2020. The trial aims to assess seclidemstat's safety and tolerability in relapsed/refractory Ewing sarcoma patients. David Arthur, CEO, noted significant advances in dose escalation and enrollment over the past year. Seclidemstat addresses a critical unmet need in treating this rare cancer, with various designations from the FDA supporting its development.

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FAQ

What is the current stock price of Salarius Pharmaceuticals (SLRX)?

The current stock price of Salarius Pharmaceuticals (SLRX) is $1.33 as of December 17, 2024.

What is the market cap of Salarius Pharmaceuticals (SLRX)?

The market cap of Salarius Pharmaceuticals (SLRX) is approximately 1.9M.

What does Salarius Pharmaceuticals, Inc. specialize in?

Salarius Pharmaceuticals focuses on developing targeted treatments for cancers with high unmet medical needs, using targeted protein inhibitors and degraders.

What are the main drug candidates of Salarius Pharmaceuticals?

The main drug candidates are Seclidemstat (SP-2577), a small molecule inhibitor, and SP-3164, a small molecule protein degrader.

What is Seclidemstat (SP-2577) used for?

Seclidemstat is being tested in a Phase 1/2 clinical trial for Ewing sarcoma, a type of bone and soft tissue cancer.

What is SP-3164?

SP-3164 is a small molecule protein degrader aimed at targeting and destroying cancer-promoting proteins.

What are the latest achievements of Salarius Pharmaceuticals?

Recent achievements include a partial response in an additional Ewing sarcoma patient and a 60% objective response rate in first-relapse Ewing patients treated with Seclidemstat, Topotecan, and Cyclophosphamide.

Where can I find the latest news about Salarius Pharmaceuticals?

The latest news can be found on the company's official website, as well as through reputable news outlets and stock market websites.

How does Salarius Pharmaceuticals aim to impact cancer treatment?

Salarius aims to develop transformative therapies that significantly improve the lives of cancer patients by targeting and regulating cancer-related proteins.

Are there any partnerships that Salarius Pharmaceuticals is involved in?

Yes, the company is focused on expanding its pipeline through strategic partnerships and collaborations.

What is the focus of Salarius Pharmaceuticals' pipeline?

The pipeline focuses on oncology, specifically targeting gene dysregulation in cancers with high unmet medical needs.

How can I invest in Salarius Pharmaceuticals?

You can invest in Salarius Pharmaceuticals by purchasing their common stock, listed under the symbol SLRX.

Salarius Pharmaceuticals, Inc.

Nasdaq:SLRX

SLRX Rankings

SLRX Stock Data

1.93M
1.40M
2.52%
0.36%
4.51%
Biotechnology
Pharmaceutical Preparations
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