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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 announces the appointment of Dr. Daniela Santiesteban as Director of their new targeted protein degradation program, focusing on SP-3164. This role follows Salarius' expansion into targeted protein degradation through the acquisition of SP-3164 from DeuteRx. Dr. Santiesteban will oversee SP-3164's clinical trials, expected to file an IND with the FDA in the first half of 2023. SP-3164 aims to treat various cancers, building on the efficacy of previous compounds like avadomide while enhancing safety.

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Salarius Pharmaceuticals (Nasdaq: SLRX) has announced a transformative acquisition of a targeted protein degradation portfolio from DeuteRx, significantly enhancing its oncology pipeline. The acquisition includes the lead candidate SP-3164 (formerly DRX-164), which is set to enter clinical trials in 2023. Salarius aims to develop this candidate and additional assets targeting previously undruggable cancer-promoting proteins. The agreement involves an upfront payment of $1.5 million and shares, with potential future payments totaling up to $188 million based on milestones.

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Salarius Pharmaceuticals will present at H.C. Wainwright BioConnect and participate in Biotech Showcase and BIO Partnering @ JPM, all virtually alongside the 40th Annual Healthcare Conference 2022. Key dates include Biotech Showcase from January 10-12, H.C. Wainwright BioConnect from January 10-13, and BIO Partnering @ JPM from January 10-14. CEO David Arthur will deliver a presentation on seclidemstat, Salarius' investigational drug for pediatric and other cancers. Salarius has received FDA designations for Ewing sarcoma and aims to expand its clinical trials in cancers with high unmet needs.

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Salarius Pharmaceuticals (Nasdaq: SLRX) has achieved a significant milestone by advancing the Ewing sarcoma arm of its Phase 1/2 Sarcoma trial to a second lead-in safety cohort. Patients in this cohort will receive a combination of seclidemstat, topotecan, and cyclophosphamide at a 900 mg BID dosage. The trial aims to assess the safety and efficacy of seclidemstat for relapsed/refractory Ewing sarcoma and FET-rearranged sarcomas. Currently, 13 clinical trial sites are actively enrolling patients, with anticipated data readouts in 2022.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced that CEO David Arthur will present at the Life Science Investor Forum on December 16, 2021. The presentation will cover the company's recent achievements and future milestones related to seclidemstat, a drug in clinical trials for Ewing sarcoma and hematologic cancers. The Phase 1/2 trials are assessing seclidemstat with chemotherapy agents and azacytidine. Investors can register for the event, which will be streamed live, and a recording will be available afterward on the company's website.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced participation in the Benchmark Company Discovery One-on-One Investor Conference on December 2, 2021. CEO David Arthur and the management team will engage in one-on-one meetings with registered investors to discuss the company’s business highlights, recent achievements, and upcoming clinical milestones. Salarius is focused on developing novel therapies for cancers, particularly its lead candidate, seclidemstat, which is in clinical trials for Ewing sarcoma and related cancers.

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Salarius Pharmaceuticals (SLRX) reported a net loss of $3.7 million or $0.08 per share for Q3 2021, an increase from $1.7 million in the same period last year. The total working capital stood at $33.6 million, bolstered by a $2.7 million disbursement from CPRIT. The company is progressing with clinical trials for its lead drug candidate, seclidemstat, with 13 active sites now supporting enrollment. The Ewing sarcoma safety lead-in cohort is fully enrolled, and seclidemstat's development pipeline is expanding with new collaborations and clinical sites.

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Salarius Pharmaceuticals (Nasdaq: SLRX) will host a conference call on November 4, 2021, at 5:00 p.m. ET to discuss its corporate and financial results for Q3 2021. The call can be accessed via phone or online, with an archive available for 90 days post-event. Salarius is focused on developing treatments for cancers with high unmet medical needs, including their lead candidate, seclidemstat, currently in clinical trials for Ewing sarcoma and other cancers. The company has received multiple designations from the FDA, highlighting its commitment to advancing oncology treatments.

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Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX) presented significant preclinical findings at the 2021 AACR-NCI-EORTC Conference, focusing on its lead drug candidate, seclidemstat (SP-2577). The research highlights seclidemstat's unique action against FET-rearranged sarcomas, showcasing potent activity in preclinical models, especially in Ewing sarcoma and desmoplastic small round cell tumors. The data suggests seclidemstat's differentiated mechanism exceeds other LSD1 inhibitors, leading to a strategic amendment in its ongoing Phase 1/2 trial to include FET-rearranged sarcoma patients. Further studies aim to identify biomarkers for treatment sensitivity.

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Salarius Pharmaceuticals (Nasdaq: SLRX) announced that CEO David Arthur will present virtually at the 2021 BioFuture Conference on October 5-6 in New York City. His presentation will cover the company's clinical achievements and future milestones for seclidemstat, an oral LSD1 inhibitor. Seclidemstat is undergoing a Phase 1/2 trial for Ewing sarcoma and another trial for hematologic cancers. Interested investors can register here. A recording will later be available on the company's website.

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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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United States of America
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