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Positive Outcome in 75% of CTCL Patients Treated with HyBryte™ for 18 Weeks

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Soligenix (SNGX) announced positive interim results from an FDA-funded study evaluating extended HyBryte™ treatment for early-stage cutaneous T-cell lymphoma (CTCL). After 18 weeks of treatment, 75% of patients achieved Treatment Success, defined as ≥50% improvement in mCAILS score.

Of the eight evaluable patients through Week 18, four completed the 54-week treatment with an average maximum improvement of 85% in mCAILS score, three remain on treatment, and one dropped out due to logistical issues. The study, led by Dr. Ellen Kim at Penn Cutaneous Lymphoma Program, demonstrates HyBryte's™ rapid response compared to other CTCL therapies that typically take 6-12 months for meaningful results.

The ongoing open-label study aims to enroll approximately 20 patients, supported by an FDA Orphan Products Development Grant of up to $2.6 million. The results reinforce HyBryte's™ potential as a safe and fast-acting therapy for this rare cancer.

Soligenix (SNGX) ha annunciato risultati intermedi positivi da uno studio finanziato dalla FDA che valuta il trattamento prolungato con HyBryte™ per il linfoma cutaneo a cellule T (CTCL) in fase iniziale. Dopo 18 settimane di trattamento, il 75% dei pazienti ha raggiunto il Successo del Trattamento, definito come un miglioramento ≥50% nel punteggio mCAILS.

Dei otto pazienti valutabili fino alla settimana 18, quattro hanno completato il trattamento di 54 settimane con un miglioramento massimo medio del 85% nel punteggio mCAILS, tre sono ancora in trattamento e uno ha abbandonato a causa di problemi logistici. Lo studio, guidato dalla Dr.ssa Ellen Kim del Penn Cutaneous Lymphoma Program, dimostra la risposta rapida di HyBryte™ rispetto ad altre terapie per il CTCL che di solito richiedono 6-12 mesi per risultati significativi.

Lo studio in corso, in aperto, mira a reclutare circa 20 pazienti, supportato da un Grant per lo Sviluppo di Prodotti Orfani della FDA fino a 2,6 milioni di dollari. I risultati rafforzano il potenziale di HyBryte™ come terapia sicura e ad azione rapida per questo raro cancro.

Soligenix (SNGX) anunció resultados intermedios positivos de un estudio financiado por la FDA que evalúa el tratamiento prolongado con HyBryte™ para el linfoma cutáneo de células T (CTCL) en etapa temprana. Después de 18 semanas de tratamiento, el 75% de los pacientes logró el Éxito del Tratamiento, definido como una mejora ≥50% en la puntuación mCAILS.

De los ocho pacientes evaluables hasta la semana 18, cuatro completaron el tratamiento de 54 semanas con una mejora máxima promedio del 85% en la puntuación mCAILS, tres continúan en tratamiento y uno se retiró debido a problemas logísticos. El estudio, dirigido por la Dra. Ellen Kim en el Penn Cutaneous Lymphoma Program, demuestra la rápida respuesta de HyBryte™ en comparación con otras terapias para CTCL que normalmente requieren de 6 a 12 meses para obtener resultados significativos.

El estudio en curso, abierto, tiene como objetivo inscribir aproximadamente a 20 pacientes, apoyado por una subvención de Desarrollo de Productos Huérfanos de la FDA de hasta 2.6 millones de dólares. Los resultados refuerzan el potencial de HyBryte™ como una terapia segura y de acción rápida para este raro cáncer.

Soligenix (SNGX)는 초기 피부 T세포 림프종(CTCL)을 위한 HyBryte™의 장기 치료를 평가하는 FDA 자금 지원 연구에서 긍정적인 중간 결과를 발표했습니다. 치료 18주 후, 75%의 환자가 치료 성공을 달성했습니다, 이는 mCAILS 점수에서 ≥50% 개선으로 정의됩니다.

18주까지 평가 가능한 8명의 환자 중 4명이 54주 치료를 완료했으며 mCAILS 점수에서 평균 최대 85% 개선을 보였고, 3명은 치료를 계속하고 있으며, 1명은 물류 문제로 중단했습니다. 펜 주 피부 림프종 프로그램의 Ellen Kim 박사가 이끄는 이 연구는 HyBryte™의 빠른 반응을 보여주며, 일반적으로 의미 있는 결과를 얻기 위해 6-12개월이 걸리는 다른 CTCL 치료법과 비교됩니다.

현재 진행 중인 공개 연구는 약 20명의 환자를 모집할 계획이며, 최대 260만 달러의 FDA 고아 제품 개발 보조금으로 지원받고 있습니다. 결과는 이 드문 암에 대해 HyBryte™가 안전하고 빠르게 작용하는 치료법으로서의 잠재력을 강화합니다.

Soligenix (SNGX) a annoncé des résultats intermédiaires positifs d'une étude financée par la FDA évaluant le traitement prolongé avec HyBryte™ pour le lymphome cutané à cellules T (CTCL) à un stade précoce. Après 18 semaines de traitement, 75 % des patients ont atteint le Succès du Traitement, défini comme une amélioration ≥50 % du score mCAILS.

Parmi les huit patients évaluables jusqu'à la semaine 18, quatre ont terminé le traitement de 54 semaines avec une amélioration maximale moyenne de 85 % du score mCAILS, trois restent en traitement et un a abandonné en raison de problèmes logistiques. L'étude, dirigée par le Dr Ellen Kim du Penn Cutaneous Lymphoma Program, démontre la réponse rapide de HyBryte™ par rapport à d'autres thérapies CTCL qui nécessitent généralement 6 à 12 mois pour des résultats significatifs.

L'étude ouverte en cours vise à recruter environ 20 patients, soutenue par une subvention de la FDA pour le développement de produits orphelins allant jusqu'à 2,6 millions de dollars. Les résultats renforcent le potentiel de HyBryte™ en tant que thérapie sûre et à action rapide pour ce cancer rare.

Soligenix (SNGX) gab positive Zwischenresultate aus einer von der FDA finanzierten Studie bekannt, die die verlängerte Behandlung mit HyBryte™ bei frühzeitigem kutanem T-Zell-Lymphom (CTCL) bewertet. Nach 18 Wochen Behandlung erreichten 75% der Patienten den Behandlungserfolg, definiert als eine Verbesserung von ≥50% im mCAILS-Score.

Von den acht bis zur Woche 18 bewertbaren Patienten schlossen vier die 54-wöchige Behandlung mit einer durchschnittlichen maximalen Verbesserung von 85% im mCAILS-Score ab, drei bleiben in Behandlung und einer brach aufgrund logistischer Probleme ab. Die Studie, geleitet von Dr. Ellen Kim am Penn Cutaneous Lymphoma Program, zeigt die schnelle Reaktion von HyBryte™ im Vergleich zu anderen CTCL-Therapien, die in der Regel 6-12 Monate für signifikante Ergebnisse benötigen.

Die laufende offene Studie zielt darauf ab, etwa 20 Patienten zu rekrutieren, unterstützt durch einen FDA-Zuschuss für die Entwicklung von Waisenkindprodukten von bis zu 2,6 Millionen Dollar. Die Ergebnisse stärken das Potenzial von HyBryte™ als sichere und schnell wirkende Therapie für diesen seltenen Krebs.

Positive
  • 75% success rate in CTCL treatment after 18 weeks
  • 85% average maximum improvement in mCAILS score for completed patients
  • Rapid response time (18 weeks) compared to 6-12 months for other therapies
  • FDA grant funding of $2.6 million supporting the study
  • Strong safety profile with good tolerability
Negative
  • One patient (12.5%) dropped out of the study
  • Small patient sample size (only 8 evaluable patients)
  • Study still ongoing and results are interim

Insights

These interim results from the FDA-funded investigator-initiated study represent significant clinical validation for HyBryte™ in early-stage CTCL. The 75% treatment success rate at 18 weeks is particularly impressive and consistent with previous trials, establishing a clear pattern of efficacy. What stands out is the rapid response time - while competing CTCL therapies typically require 6-12 months to show meaningful improvement, HyBryte™ demonstrates efficacy within 18 weeks.

The 85% average maximum improvement in mCAILS score for patients completing 54 weeks of treatment indicates durable and potentially increasing benefit with continued use. Even more notable are the three complete responses observed, suggesting the treatment may eliminate disease in treated areas for some patients. This is particularly valuable in a chronic, difficult-to-treat orphan condition like CTCL where patients often cycle through multiple therapies with success.

The favorable safety profile consistently demonstrated across multiple studies is particularly important - current CTCL treatments often involve steroids, chemotherapeutics, or UV light, all of which carry significant side effects or cumulative toxicity concerns. The potential for eventual home use would represent a major quality-of-life improvement for patients requiring long-term management. While the sample size remains small (8 evaluable patients at this interim analysis), these results meaningfully reinforce previous findings and build confidence for the pivotal confirmatory Phase 3 FLASH2 study currently underway.

This positive interim data from the FDA-funded investigator-initiated study strengthens HyBryte™'s commercial case as Soligenix advances toward potential approval for CTCL treatment. The 75% treatment success rate at 18 weeks validates previous findings while highlighting a crucial competitive advantage - speed of response compared to existing therapies that may take 6-12 months to show improvement.

Several factors enhance the significance of these results: First, the FDA's financial support through a $2.6 million Orphan Products Development Grant demonstrates regulatory interest in advancing this therapy. Second, the investigator (Dr. Kim) serves as Principal Investigator for both this study and the confirmatory Phase 3 FLASH2 trial, creating valuable continuity. Third, the consistent safety profile addresses an important market need in CTCL, where current treatments involve significant side effects.

For Soligenix, with its $6.1 million market cap, successful commercialization of HyBryte™ represents transformative potential. The orphan designation for CTCL provides regulatory advantages and potential market exclusivity. While this study's positive outcome doesn't guarantee approval, it builds confidence in the pivotal confirmatory Phase 3 FLASH2 study results. The development of a protocol that might eventually enable home use could further differentiate the product commercially. The consistency of results across multiple studies significantly de-risks the clinical development program and increases probability of regulatory success.

Interim Results from FDA-Funded Study Reinforces HyBryte's Rapid Response and Strong Safety Profile

PRINCETON, N.J., April 14, 2025 /PRNewswire/ -- Soligenix, Inc. (Nasdaq: SNGX) (Soligenix or the Company), a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need, announced today interim results from the ongoing open-label, investigator-initiated study (IIS) evaluating extended HyBryte™ (synthetic hypericin) treatment for up to 54 weeks in patients with early-stage cutaneous T-cell lymphoma (CTCL). Following 18 weeks of treatment, 75% of patients achieved "Treatment Success," reinforcing HyBryte™ as a potentially safe and fast-acting therapy for this chronic and underserved cancer.

The IIS is sponsored by Ellen Kim, MD, Director, Penn Cutaneous Lymphoma Program, Vice Chair of Clinical Operations, Dermatology Department, and Professor of Dermatology at the Hospital of the University of Pennsylvania who was a leading enroller in the Phase 3 FLASH (Fluorescent Light Activated Synthetic Hypericin) study and is the Principal Investigator for the confirmatory Phase 3 FLASH2 study for the treatment of early-stage CTCL. To date, nine patients have been enrolled and treated with HyBryte™ over a time period of up to 54 weeks in the IIS, with all data for the Week 18 timepoint now complete. Consistent with the Phase 3 trials, Treatment Success is predefined as a greater than or equal to 50% improvement in the cumulative mCAILS (modified Composite Assessment of Index Lesion Severity) score compared to Baseline. Of the eight patients who could be evaluated through Week 18, six (75%) had a Treatment Success. The 18-week treatment window is the same window that is being evaluated in the FLASH2 double-blind, placebo-controlled, randomized study that is currently enrolling patients. This rapid response is a distinct advantage of HyBryte™ therapy, with many other therapies used in CTCL taking up to six to 12 months to generate a clinically meaningful treatment response. Of these eight evaluable patients through Week 18, four have gone on to complete the 54-week treatment with an average maximum improvement in mCAILS score of 85%, three are still on treatment and one dropped out (due to logistical issues). HyBryte™ appears to be safe and well tolerated in all patients.

"The complete response rates observed, including three patients achieving a complete response on this study to date, as well as the consistent treatment response and safety profile across multiple HyBryte™ clinical studies, has been exciting to see," noted Dr. Kim, Principal Investigator of the IIS. "In the first Phase 3 FLASH study, HyBryte™ was shown to be efficacious with a benign safety profile compared to the current therapies of steroids, chemotherapeutics and ultraviolet light in this chronic orphan disease. With limited treatment options, especially in the early stages of their disease, CTCL patients are often searching for alternative treatments. In our study funded by the U.S. Food and Drug Administration (FDA), initial results evaluating the expanded use of HyBryte™ in a "real world" treatment setting remain very promising, further supporting and extending results from the previous positive Phase 2 and 3 clinical trials. It also provides further confidence to the potential responses we can expect to see in the confirmatory Phase 3 placebo-controlled FLASH2 study. We look forward to continuing to work with the FDA to complete the IIS while we participate in the confirmatory 18-week FLASHstudy."

"We are pleased with these recent study results, giving patients an opportunity to access the therapy in an open-label setting," stated Christopher J. Schaber, PhD, President and Chief Executive Officer of Soligenix. "CTCL is an incredibly difficult to treat orphan disease and remains an area of unmet medical need with a very limited number of safe and effective therapies. Following the initial Phase 3 FLASH study, which demonstrated the safety and efficacy of shorter courses of HyBryte™ therapy, we are pleased to see that continuing treatment for longer time periods is resulting in the anticipated improved outcomes for patients. The majority of patients show a strong treatment response by Week 18, a noticeable advantage over other therapies that may take six to 12 months to show improvement. As the body of compelling data continues to grow in support of this novel therapy, we look forward to continuing to work with Dr. Kim on this important study as well as advancing enrollment in the 80-patient confirmatory Phase 3 FLASH2 replication study. We will plan to provide additional updates on the IIS as data becomes available."

The clinical study RW-HPN-MF-01, "Assessment of Treatment with Visible Light Activated Synthetic Hypericin Ointment in Mycosis Fungoides Patients" is designed as an open-label, multicenter clinical trial enrolling approximately 20 patients in the U.S. Patients have the potential to be treated for up to 54 weeks with twice a week dosing (visible light activation following ointment application by 24 ± 6 hours). The study also allows for potential transition to a "real-world" setting with home-use. The primary endpoint for the study is evaluating the number of treatment successes defined as ≥50% reduction in the cumulative mCAILS score from Baseline to end of the treatment. Study RW-HPN-MF-01 is supported by an FDA Orphan Products Development Grant of up to $2.6 million.

About HyBryte™

HyBryte™ (research name SGX301) is a novel, first-in-class, photodynamic therapy utilizing safe, visible light for activation. The active ingredient in HyBryte™ is synthetic hypericin, a potent photosensitizer that is topically applied to skin lesions that is taken up by the malignant T-cells, and then activated by safe, visible light approximately 24 hours later. The use of visible light in the red-yellow spectrum has the advantage of penetrating more deeply into the skin (much more so than ultraviolet light) and therefore potentially treating deeper skin disease and thicker plaques and lesions. This treatment approach avoids the risk of secondary malignancies (including melanoma) inherent with the frequently employed DNA-damaging drugs and other phototherapy that are dependent on ultraviolet exposure. Combined with photoactivation, hypericin has demonstrated significant anti-proliferative effects on activated normal human lymphoid cells and inhibited growth of malignant T-cells isolated from CTCL patients. In a published Phase 2 clinical study in CTCL, patients experienced a statistically significant (p=0.04) improvement with topical hypericin treatment whereas the placebo was ineffective. HyBryte™ has received orphan drug and fast track designations from the FDA, as well as orphan designation from the European Medicines Agency (EMA).

The published Phase 3 FLASH trial enrolled a total of 169 patients (166 evaluable) with Stage IA, IB or IIA CTCL. The trial consisted of three treatment cycles. Treatments were administered twice weekly for the first 6 weeks and treatment response was determined at the end of the 8th week of each cycle. In the first double-blind treatment cycle (Cycle 1), 116 patients received HyBryte™ treatment (0.25% synthetic hypericin) and 50 received placebo treatment of their index lesions. A total of 16% of the patients receiving HyBryte™ achieved at least a 50% reduction in their lesions (graded using a standard measurement of dermatologic lesions, the CAILS score) compared to only 4% of patients in the placebo group at 8 weeks (p=0.04) during the first treatment cycle (primary endpoint). HyBryte™ treatment in this cycle was safe and well tolerated.

In the second open-label treatment cycle (Cycle 2), all patients received HyBryte™ treatment of their index lesions. Evaluation of 155 patients in this cycle (110 receiving 12 weeks of HyBryte™ treatment and 45 receiving 6 weeks of placebo treatment followed by 6 weeks of HyBryte™ treatment), demonstrated that the response rate among the 12-week treatment group was 40% (p<0.0001 vs the placebo treatment rate in Cycle 1). Comparison of the 12-week and 6-week treatment responses also revealed a statistically significant improvement (p<0.0001) between the two timepoints, indicating that continued treatment results in better outcomes. HyBryte™ continued to be safe and well tolerated. Additional analyses also indicated that HyBryte™ is equally effective in treating both plaque (response 42%, p<0.0001 relative to placebo treatment in Cycle 1) and patch (response 37%, p=0.0009 relative to placebo treatment in Cycle 1) lesions of CTCL, a particularly relevant finding given the historical difficulty in treating plaque lesions in particular.

The third (optional) treatment cycle (Cycle 3) was focused on safety and all patients could elect to receive HyBryte™ treatment of all their lesions. Of note, 66% of patients elected to continue with this optional compassionate use / safety cycle of the study. Of the subset of patients that received HyBryte™ throughout all 3 cycles of treatment, 49% of them demonstrated a positive treatment response (p<0.0001 vs patients receiving placebo in Cycle 1). Moreover, in a subset of patients evaluated in this cycle, it was demonstrated that HyBryte™ is not systemically available, consistent with the general safety of this topical product observed to date. At the end of Cycle 3, HyBryte™ continued to be well tolerated despite extended and increased use of the product to treat multiple lesions.

Overall safety of HyBryte™ is a critical attribute of this treatment and was monitored throughout the three treatment cycles (Cycles 1, 2 and 3) and the 6-month follow-up period. HyBryte's™ mechanism of action is not associated with DNA damage, making it a safer alternative than currently available therapies, all of which are associated with significant, and sometimes fatal, side effects. Predominantly these include the risk of melanoma and other malignancies, as well as the risk of significant skin damage and premature skin aging. Currently available treatments are only approved in the context of previous treatment failure with other modalities and there is no approved front-line therapy available. Within this landscape, treatment of CTCL is strongly motivated by the safety risk of each product. HyBryte™ potentially represents the safest available efficacious treatment for CTCL. With very limited systemic absorption, a compound that is not mutagenic and a light source that is not carcinogenic, there is no evidence to date of any potential safety issues.

Following the first Phase 3 study of HyBryte™ for the treatment of CTCL, the FDA and the EMA indicated that they would require a second successful Phase 3 trial to support marketing approval. With agreement from the EMA on the key design components, the second, confirmatory study, called FLASH2, is expected to be initiated before the end of 2024. This study is a randomized, double-blind, placebo-controlled, multicenter study that will enroll approximately 80 subjects with early-stage CTCL. The FLASH2 study replicates the double-blind, placebo-controlled design used in the first successful Phase 3 FLASH study that consisted of three 6-week treatment cycles (18 weeks total), with the primary efficacy assessment occurring at the end of the initial 6-week double-blind, placebo-controlled treatment cycle (Cycle 1). However, this second study extends the double-blind, placebo-controlled assessment to 18 weeks of continuous treatment (no "between-Cycle" treatment breaks) with the primary endpoint assessment occurring at the end of the 18-week timepoint. In the first Phase 3 study, a treatment response of 49% (p<0.0001 vs patients receiving placebo in Cycle 1) was observed in patients completing 18 weeks (3 cycles) of therapy. In this second study, all important clinical study design components remain the same as in the first FLASH study, including the primary endpoint and key inclusion-exclusion criteria. The extended treatment for a continuous 18 weeks in a single cycle is expected to statistically demonstrate HyBryte's™ increased effect over a more prolonged, "real world" treatment course. Given the extensive engagement with the CTCL community, the esteemed Medical Advisory Board and the previous trial experience with this disease, accelerated enrollment in support of this study is anticipated, including the potential to enroll previously identified and treated HyBryte™ patients from the FLASH study. Discussions with the FDA on an appropriate study design remain ongoing. While collaborative, the agency has expressed a preference for a longer duration comparative study over a placebo-controlled trial. Given the shorter time to potential commercial revenue and the similar trial design to the first FLASH study afforded by the EMA accepted protocol, this study is being initiated. At the same time, discussions with the FDA will continue on potential modifications to the development path to adequately address their feedback.

Additional supportive studies have demonstrated the utility of longer treatment times (Study RW-HPN-MF-01, see above), the lack of significant systemic exposure to hypericin after topical application (Study HPN-CTCL-02) and its relative efficacy and tolerability compared to Valchlor® (Study HPN-CTCL-04).

In addition, the FDA awarded an Orphan Products Development grant to support the investigator-initiated study evaluation of HyBryte™ for expanded treatment in patients with early-stage CTCL, including in the home use setting. The grant, totaling $2.6 million over 4 years, was awarded to the University of Pennsylvania that was a leading enroller in the Phase 3 FLASH study.

About Cutaneous T-Cell Lymphoma (CTCL)

CTCL is a class of non-Hodgkin's lymphoma (NHL), a type of cancer of the white blood cells that are an integral part of the immune system. Unlike most NHLs which generally involve B-cell lymphocytes (involved in producing antibodies), CTCL is caused by an expansion of malignant T-cell lymphocytes (involved in cell-mediated immunity) normally programmed to migrate to the skin. These malignant cells migrate to the skin where they form various lesions, typically beginning as patches and may progress to raised plaques and tumors. Mortality is related to the stage of CTCL, with median survival generally ranging from about 12 years in the early stages to only 2.5 years when the disease has advanced. There is currently no cure for CTCL. Typically, CTCL lesions are treated and regress but usually return either in the same part of the body or in new areas.

CTCL constitutes a rare group of NHLs, occurring in about 4% of the more than 1.7 million individuals living with the disease in the U.S. and Europe (European Union and United Kingdom). It is estimated, based upon review of historic published studies and reports and an interpolation of data on the incidence of CTCL that it affects approximately 31,000 individuals in the U.S. (based on SEER data, with approximately 3,200 new cases seen annually) and approximately 38,000 individuals in Europe (based on ECIS prevalence estimates, with approximately 3,800 new cases annually).

About Soligenix, Inc.

Soligenix is a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need. Our Specialized BioTherapeutics business segment is developing and moving toward potential commercialization of HyBryte™ (SGX301 or synthetic hypericin sodium) as a novel photodynamic therapy utilizing safe visible light for the treatment of cutaneous T-cell lymphoma (CTCL). With successful completion of the second Phase 3 study, regulatory approvals will be sought to support potential commercialization worldwide. Development programs in this business segment also include expansion of synthetic hypericin (SGX302) into psoriasis, our first-in-class innate defense regulator (IDR) technology, dusquetide (SGX942) for the treatment of inflammatory diseases, including oral mucositis in head and neck cancer, and (SGX945) in Behçet's Disease.

Our Public Health Solutions business segment includes development programs for RiVax®, our ricin toxin vaccine candidate, as well as our vaccine programs targeting filoviruses (such as Marburg and Ebola) and CiVax™, our vaccine candidate for the prevention of COVID-19 (caused by SARS-CoV-2). The development of our vaccine programs incorporates the use of our proprietary heat stabilization platform technology, known as ThermoVax®. To date, this business segment has been supported with government grant and contract funding from the National Institute of Allergy and Infectious Diseases (NIAID), the Defense Threat Reduction Agency (DTRA) and the Biomedical Advanced Research and Development Authority (BARDA).

For further information regarding Soligenix, Inc., please visit the Company's website at https://www.soligenix.com and follow us on LinkedIn and Twitter at @Soligenix_Inc.

This press release may contain forward-looking statements that reflect Soligenix's current expectations about its future results, performance, prospects and opportunities, including but not limited to, potential market sizes, patient populations, clinical trial enrollment, the expected timing for closing the offering described herein and the intended use of proceeds therefrom. Statements that are not historical facts, such as "anticipates," "estimates," "believes," "hopes," "intends," "plans," "expects," "goal," "may," "suggest," "will," "potential," or similar expressions, are forward-looking statements. These statements are subject to a number of risks, uncertainties and other factors that could cause actual events or results in future periods to differ materially from what is expressed in, or implied by, these statements, and include the expected amount and use of proceeds from the offering and the expected closing date of the offering. Soligenix cannot assure you that it will be able to successfully develop, achieve regulatory approval for or commercialize products based on its technologies, particularly in light of the significant uncertainty inherent in developing therapeutics and vaccines against bioterror threats, conducting preclinical and clinical trials of therapeutics and vaccines, obtaining regulatory approvals and manufacturing therapeutics and vaccines, that product development and commercialization efforts will not be reduced or discontinued due to difficulties or delays in clinical trials or due to lack of progress or positive results from research and development efforts, that it will be able to successfully obtain any further funding to support product development and commercialization efforts, including grants and awards, maintain its existing grants which are subject to performance requirements, enter into any biodefense procurement contracts with the U.S. Government or other countries, that it will be able to compete with larger and better financed competitors in the biotechnology industry, that changes in health care practice, third party reimbursement limitations and Federal and/or state health care reform initiatives will not negatively affect its business, or that the U.S. Congress may not pass any legislation that would provide additional funding for the Project BioShield program. In addition, there can be no assurance as to the timing or success of any of its clinical/preclinical trials. Despite the statistically significant result achieved in the first HyBryte™ (SGX301) Phase 3 clinical trial for the treatment of cutaneous T-cell lymphoma or any other studies (including the open-label, investigator-initiated study), there can be no assurance that the second HyBryte™ (SGX301) Phase 3 clinical trial will be successful or that a marketing authorization from the FDA or EMA will be granted. Additionally, although the EMA has agreed to the key design components of the second HyBryte™ (SGX301) Phase 3 clinical trial, no assurance can be given that the Company will be able to modify the development path to adequately address the FDA's concerns or that the FDA will not require a longer duration comparative study. Notwithstanding the result in the first HyBryte™ (SGX301) Phase 3 clinical trial for the treatment of cutaneous T-cell lymphoma and the Phase 2a clinical trial of SGX302 for the treatment of psoriasis, there can be no assurance as to the timing or success of the clinical trials of SGX302 for the treatment of psoriasis. Additionally, despite the biologic activity observed in aphthous ulcers induced by chemotherapy and radiation, there can be no assurance as to the timing or success of the clinical trials of SGX945 for the treatment of Behçet's Disease. Further, there can be no assurance that RiVax® will qualify for a biodefense Priority Review Voucher (PRV) or that the prior sales of PRVs will be indicative of any potential sales price for a PRV for RiVax®. Also, no assurance can be provided that the Company will receive or continue to receive non-dilutive government funding from grants and contracts that have been or may be awarded or for which the Company will apply in the future. These and other risk factors are described from time to time in filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, Soligenix's reports on Forms 10-Q and 10-K. Unless required by law, Soligenix assumes no obligation to update or revise any forward-looking statements as a result of new information or future events.

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SOURCE SOLIGENIX, INC.

FAQ

What percentage of CTCL patients showed success with HyBryte™ treatment in the SNGX study?

75% of patients (6 out of 8 evaluable patients) achieved Treatment Success after 18 weeks of HyBryte™ treatment.

How much improvement did SNGX's HyBryte™ show in completed patients' mCAILS scores?

Patients who completed the 54-week treatment showed an average maximum improvement of 85% in mCAILS scores.

What is the timeline for HyBryte™ treatment response compared to other CTCL therapies?

HyBryte™ shows response within 18 weeks, while other CTCL therapies typically take 6-12 months for meaningful results.

How much FDA grant funding did SNGX receive for the HyBryte™ study?

The study is supported by an FDA Orphan Products Development Grant of up to $2.6 million.
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