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FDA Play: Soligenix, Poised for a Stellar Comeback (OTC:SNGX.OB)


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The past year and a half has come to be known as the rise of the small cap biotechs — Anyone wants to contact a famous producer for a movie suggestion? Terminator: Rise of the Machines, oh please. Nothing seems to stand in the way of these once forgotten ghosts, as they are now appearing as front page news on just about every large major financial news portal. Welcome to Soligenix Inc., a company that has such a vast potential. First stumbling upon this company, it felt like it was Christmas over and over again. Investors have grown weary of the same old story: Phase III results, deep pipeline, government grants for one or two million, comparisons to other more successful companies, the list goes on and on. So why Soligenix? Simple, it simply tears through the potential of practically every other company StocksHaven has profiled. Don’t expect this market cap of 56.92M to last much longer.

And the horses are off, starting out of the gates with patents, follow that up with eight treatments/vaccines in the pipeline, their main drug (orBec) which has received Orphan Drug status and been under phase III with a market potential of $300M annually, take a lead from the pack with a presentation from the President and CEO at the Rodman & Renshaw, $3.85M financing from partners and institutional investors, go on for more institutional investors, $9.4M NIH grant, there are more grants but lets leave that to the profile, potential $30M North American partnership, positive clinical trials plastered all over the latest press releases, orphan drug status obtained on their main phase III drug – There are so many things going on with this company, it will literally make anyone’s head spin by the finish line. We can practically go on and on about the positives of this company, however, let’s finally get to the company profile. And so, the story begins… oops we meant novel.

About Soligenix, Inc.

Soligenix, Inc., formerly DOR Biopharma, Inc., research and development biopharmaceutical company focused on developing products to treat life-threatening side effects of cancer treatments and serious gastrointestinal diseases where there remains an unmet medical need; as well as several biodefense vaccines. The Company maintain two active business segments: BioTherapeutics and BioDefense. During the year ended December 31, 2008, the Company had two customers, the United States Federal Government and Orphan Australia Pty Ltd. (Orphan Australia), a specialty pharmaceutical company based in Melbourne, Australia. The Company’s biodefense business segment intends to convert its ricin toxin, botulinum toxin, and anthrax vaccine programs from early stage development to advanced development and manufacturing.

The company is primarely a late-stage biopharmaceutical company committed to the development of life-saving therapeutics and vaccines. Soligenix has two areas of focus: 1) a therapeutics platform dedicated to the development of products for life-threatening conditions such as gastrointestinal Graft-versus-Host disease and cancer, and 2) a biodefense platform to develop vaccines for military and civilian applications.

The full special report on the company appears today at

Disclosure: Short-term position in SNGX

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