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Healthcare - Biotechnology - NASDAQ - US
$ 1.34
-2.9 %
$ 1.93 M
Market Cap
-0.15
P/E
1. INTRINSIC VALUE

Salarius Pharmaceuticals, Inc., a clinical-stage biotechnology company, focuses on developing epigenetic-based cancer treatments. Its lead candidate is Seclidemstat (SP-2577), a small molecular inhibitor which is in Phase I/II clinical trial for the treatment of advanced solid tumors, as well as Ewing sarcoma. The company also offers SP-3164, a small molecular protein degrader for the treatment of hematological and solid tumors. It has a strategic partnership with The University of Utah Research Foundation for the exclusive license with respect to patent rights protecting SP-2577 and related compounds; HLB Life Sciences to develop, produce, manufacture, use, and sell the drug in South Korea; and Cancer Prevention and Research Institute of Texas for product development activities, as well as a research partnership with the Cancer Epigenetics Institute at Fox Chase Cancer Center to identify new indications and biomarkers for SP-2577.[ Read More ]

The intrinsic value of one SLRX stock under the base case scenario is HIDDEN Compared to the current market price of 1.34 USD, Salarius Pharmaceuticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SLRX

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FINANCIALS
0 REVENUE
0.00%
-12.9 K OPERATING INCOME
99.96%
-12.5 M NET INCOME
60.32%
-12.8 M OPERATING CASH FLOW
26.99%
0 INVESTING CASH FLOW
100.00%
6.64 M FINANCING CASH FLOW
234.09%
0 REVENUE
0.00%
-972 K OPERATING INCOME
33.76%
-972 K NET INCOME
31.75%
-1.36 M OPERATING CASH FLOW
-26.53%
-2 INVESTING CASH FLOW
0.00%
1.37 M FINANCING CASH FLOW
4952.35%
Balance Sheet Decomposition Salarius Pharmaceuticals, Inc.
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Current Assets 6.52 M
Cash & Short-Term Investments 5.9 M
Receivables 0
Other Current Assets 620 K
Non-Current Assets 66.8 K
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 66.8 K
Current Liabilities 1.3 M
Accounts Payable 603 K
Short-Term Debt 290 K
Other Current Liabilities 407 K
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Salarius Pharmaceuticals, Inc.
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Revenue 0
Cost Of Revenue 10.1 K
Gross Profit -10.1 K
Operating Expenses 12.9 K
Operating Income -12.9 K
Other Expenses 12.5 M
Net Income -12.5 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-0.24% ROE
-0.24%
-0.19% ROA
-0.19%
-0.23% ROIC
-0.23%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Salarius Pharmaceuticals, Inc.
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Net Income -12.5 M
Depreciation & Amortization 10.1 K
Capital Expenditures -3
Stock-Based Compensation 525 K
Change in Working Capital -968 K
Others -63.3 K
Free Cash Flow -12.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Salarius Pharmaceuticals, Inc.
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SLRX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Salarius Pharmaceuticals, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 years ago
Jun 07, 2022
Bought 4.99 K USD
Burleson Tess
director:
+ 27700
0.18 USD
2 years ago
Jun 07, 2022
Bought 7.02 K USD
Lieber Jonathan I
director:
+ 37500
0.1871 USD
2 years ago
Jun 06, 2022
Bought 5 K USD
McVicar William K.
director:
+ 26553
0.1883 USD
2 years ago
Jun 03, 2022
Bought 5.15 K USD
HANISH ARNOLD C
director:
+ 28000
0.184 USD
4 years ago
Aug 21, 2020
Bought 3.92 K USD
HANISH ARNOLD C
Director
+ 4000
0.98 USD
4 years ago
Feb 11, 2020
Bought 5 K USD
HANISH ARNOLD C
Director
+ 4350
1.15 USD
4 years ago
Nov 25, 2019
Bought 10.8 K USD
HANISH ARNOLD C
Director
+ 3000
3.59 USD
2 years ago
May 26, 2022
Bought 1.99 K USD
Arthur David J.
Chief Executive Officer
+ 10800
0.1843 USD
2 years ago
May 26, 2022
Bought 1.87 K USD
Arthur David J.
Chief Executive Officer
+ 10392
0.1799 USD
2 years ago
May 26, 2022
Bought 127 USD
Arthur David J.
Chief Executive Officer
+ 708
0.18 USD
2 years ago
May 26, 2022
Bought 3.39 K USD
Arthur David J.
Chief Executive Officer
+ 18600
0.182 USD
2 years ago
May 26, 2022
Bought 612 USD
Arthur David J.
Chief Executive Officer
+ 3400
0.18 USD
2 years ago
May 31, 2022
Bought 5.04 K USD
Rosenblum Mark J
Exec VP Finance, CFO
+ 28000
0.18 USD
2 years ago
Mar 03, 2022
Bought 29.8 K USD
Rosenblum Mark J
Exec VP Finance, CFO
+ 76246
0.391 USD
2 years ago
Mar 03, 2022
Bought 54.5 K USD
Arthur David J.
Chief Executive Officer
+ 139488
0.391 USD
3 years ago
Aug 17, 2021
Bought 1.78 K USD
Arthur David J.
Chief Executive Officer
+ 2000
0.892 USD
3 years ago
Aug 17, 2021
Bought 1.8 K USD
Arthur David J.
Chief Executive Officer
+ 2000
0.899 USD
3 years ago
Aug 10, 2021
Bought 6.17 K USD
HANISH ARNOLD C
Director
+ 7000
0.881 USD
4 years ago
Aug 21, 2020
Bought 3.92 K USD
HANISH ARNOLD C
Director
+ 4000
0.98 USD
4 years ago
Aug 19, 2020
Bought 1.01 K USD
Arthur David J.
Chief Executive Officer
+ 1000
1.01 USD
4 years ago
Aug 19, 2020
Bought 1.01 K USD
Arthur David J.
Chief Executive Officer
+ 1000
1.01 USD
4 years ago
Aug 17, 2020
Bought 5 K USD
Rosenblum Mark J
Exec VP Finance, CFO
+ 5000
1 USD
4 years ago
Feb 19, 2020
Bought 1.9 K USD
Rosenblum Mark J
Exec VP Finance, CFO
+ 2000
0.95 USD
4 years ago
Feb 18, 2020
Bought 10.2 K USD
Jordan Scott
Chief Business Officer
+ 11300
0.9 USD
4 years ago
Feb 11, 2020
Bought 2.5 K USD
Arthur David J.
Chief Executive Officer
+ 2175
1.15 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
Northrup Jonathan P
Director
+ 8700
1.15 USD
4 years ago
Feb 11, 2020
Bought 5 K USD
Burleson Tess
Director
+ 4350
1.15 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
McVicar William K.
Director
+ 8700
1.15 USD
4 years ago
Feb 11, 2020
Bought 5 K USD
HANISH ARNOLD C
Director
+ 4350
1.15 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
McCreedy Bruce J Jr.
Director
+ 8700
1.15 USD
4 years ago
Feb 13, 2020
Bought 4.3 K USD
Rosenblum Mark J
Exec VP Finance, CFO
+ 5000
0.859 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
McVicar William K.
Director
+ 8700
1.15 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
Northrup Jonathan P
Director
+ 8700
1.15 USD
4 years ago
Feb 11, 2020
Bought 5 K USD
Burleson Tess
Director
+ 4350
1.15 USD
4 years ago
Feb 11, 2020
Bought 5 K USD
HANISH ARNOLD C
Director
+ 4350
1.15 USD
4 years ago
Feb 11, 2020
Bought 10 K USD
McCreedy Bruce J Jr.
Director
+ 8700
1.15 USD
4 years ago
Feb 11, 2020
Bought 2.5 K USD
Arthur David J.
Chief Executive Officer
+ 2175
1.15 USD
4 years ago
Nov 25, 2019
Bought 10.8 K USD
HANISH ARNOLD C
Director
+ 3000
3.59 USD
4 years ago
Nov 25, 2019
Bought 10.8 K USD
HANISH ARNOLD C
Director
+ 3000
3.59 USD
5 years ago
Jan 09, 2019
Sell 124 K USD
Boston Foundation, Inc.
10 percent owner
- 337000
0.3675 USD
5 years ago
Jan 08, 2019
Sell 104 K USD
Boston Foundation, Inc.
10 percent owner
- 263000
0.3966 USD
6 years ago
Oct 16, 2018
Sell 2.94 M USD
Longwood Fund II, L.P.
10 percent owner
- 3212861
0.9154 USD
6 years ago
Oct 16, 2018
Sell 2.94 M USD
Westphal Christoph H
10 percent owner
- 3212861
0.9154 USD
8 years ago
Nov 08, 2016
Bought 51.2 K USD
Westphal Christoph H
President and CEO
+ 7000
7.31 USD
8 years ago
Nov 07, 2016
Bought 50.6 K USD
Westphal Christoph H
President and CEO
+ 8870
5.7 USD
8 years ago
Nov 07, 2016
Bought 9.92 K USD
McCabe John P.
VP of Finance & Treasurer
+ 1650
6.01 USD
8 years ago
Mar 21, 2016
Bought 48.2 K USD
SCULLEY JOHN
Director
+ 4000
12.06 USD
8 years ago
Mar 18, 2016
Bought 7.89 K USD
SCULLEY JOHN
Director
+ 709
11.13 USD
8 years ago
Jun 23, 2016
Bought 30.5 K USD
Westphal Christoph H
President and CEO
+ 2700
11.28 USD
8 years ago
Jun 22, 2016
Bought 32 K USD
Westphal Christoph H
President and CEO
+ 2900
11.03 USD
8 years ago
Jun 21, 2016
Bought 31 K USD
Westphal Christoph H
President and CEO
+ 2800
11.07 USD
8 years ago
Jun 20, 2016
Bought 34.1 K USD
Westphal Christoph H
President and CEO
+ 3000
11.37 USD
8 years ago
Jun 17, 2016
Bought 32.9 K USD
Westphal Christoph H
President and CEO
+ 3000
10.98 USD
8 years ago
Jun 16, 2016
Bought 32.2 K USD
Westphal Christoph H
President and CEO
+ 2900
11.1 USD
8 years ago
Jun 15, 2016
Bought 32.6 K USD
Westphal Christoph H
President and CEO
+ 2900
11.24 USD
8 years ago
Jun 14, 2016
Bought 33.6 K USD
Westphal Christoph H
President and CEO
+ 3000
11.19 USD
8 years ago
Jun 13, 2016
Bought 34.5 K USD
Westphal Christoph H
President and CEO
+ 2900
11.9 USD
8 years ago
Jun 10, 2016
Bought 35.5 K USD
Westphal Christoph H
President and CEO
+ 3000
11.83 USD
8 years ago
Jun 09, 2016
Bought 36.1 K USD
Westphal Christoph H
President and CEO
+ 3000
12.04 USD
8 years ago
Jun 08, 2016
Bought 35.5 K USD
Westphal Christoph H
President and CEO
+ 2900
12.24 USD
8 years ago
Jun 07, 2016
Bought 36.8 K USD
Westphal Christoph H
President and CEO
+ 3000
12.26 USD
8 years ago
Jun 06, 2016
Bought 37 K USD
Westphal Christoph H
President and CEO
+ 3000
12.33 USD
8 years ago
Jun 03, 2016
Bought 38.4 K USD
Westphal Christoph H
President and CEO
+ 3000
12.79 USD
8 years ago
Jun 02, 2016
Bought 66.1 K USD
Westphal Christoph H
President and CEO
+ 5000
13.22 USD
8 years ago
Jun 01, 2016
Bought 63.8 K USD
Westphal Christoph H
President and CEO
+ 5000
12.76 USD
8 years ago
May 31, 2016
Bought 63.3 K USD
Westphal Christoph H
President and CEO
+ 5000
12.66 USD
8 years ago
May 27, 2016
Bought 219 K USD
Westphal Christoph H
President and CEO
+ 17300
12.68 USD
8 years ago
May 26, 2016
Bought 204 K USD
Westphal Christoph H
President and CEO
+ 16300
12.53 USD
8 years ago
May 25, 2016
Bought 163 K USD
Westphal Christoph H
President and CEO
+ 12300
13.25 USD
8 years ago
May 24, 2016
Bought 212 K USD
Westphal Christoph H
President and CEO
+ 16967
12.5 USD
8 years ago
May 23, 2016
Bought 165 K USD
Westphal Christoph H
President and CEO
+ 13367
12.31 USD
8 years ago
May 20, 2016
Bought 11.4 K USD
Westphal Christoph H
President and CEO
+ 1000
11.44 USD
8 years ago
May 19, 2016
Bought 76.1 K USD
Westphal Christoph H
President and CEO
+ 6914
11 USD
8 years ago
May 18, 2016
Bought 168 K USD
Westphal Christoph H
President and CEO
+ 15200
11.05 USD
8 years ago
May 17, 2016
Bought 203 K USD
Westphal Christoph H
President and CEO
+ 18200
11.14 USD
8 years ago
May 16, 2016
Bought 85.3 K USD
Westphal Christoph H
President and CEO
+ 8200
10.4 USD
8 years ago
May 13, 2016
Bought 73.3 K USD
Westphal Christoph H
President and CEO
+ 7269
10.09 USD
8 years ago
May 12, 2016
Bought 160 K USD
Westphal Christoph H
President and CEO
+ 16097
9.94 USD
8 years ago
May 11, 2016
Bought 146 K USD
Westphal Christoph H
President and CEO
+ 14120
10.33 USD
8 years ago
May 10, 2016
Bought 128 K USD
Westphal Christoph H
President and CEO
+ 12577
10.14 USD
8 years ago
May 09, 2016
Bought 172 K USD
Westphal Christoph H
President and CEO
+ 17532
9.8 USD
8 years ago
Mar 24, 2016
Bought 255 K USD
Westphal Christoph H
President and CEO
+ 24207
10.55 USD
8 years ago
Mar 23, 2016
Bought 293 K USD
Westphal Christoph H
President and CEO
+ 25356
11.55 USD
8 years ago
Mar 22, 2016
Bought 282 K USD
Westphal Christoph H
President and CEO
+ 23951
11.78 USD
8 years ago
Mar 21, 2016
Bought 282 K USD
Westphal Christoph H
President and CEO
+ 23951
11.78 USD
8 years ago
Mar 21, 2016
Bought 282 K USD
Westphal Christoph H
President and CEO
+ 24107
11.7 USD
8 years ago
Mar 18, 2016
Bought 204 K USD
Westphal Christoph H
President and CEO
+ 18437
11.06 USD
8 years ago
Mar 17, 2016
Bought 209 K USD
Westphal Christoph H
President and CEO
+ 19137
10.94 USD
8 years ago
Mar 16, 2016
Bought 208 K USD
Westphal Christoph H
President and CEO
+ 19142
10.85 USD
8 years ago
Mar 15, 2016
Bought 185 K USD
Westphal Christoph H
President and CEO
+ 19237
9.62 USD
8 years ago
Mar 15, 2016
Bought 24.9 K USD
Stacy Michelle
Director
+ 2585
9.63 USD
8 years ago
Mar 11, 2016
Bought 628 K USD
Longwood Fund II, L.P.
10 percent owner
+ 89680
7 USD
8 years ago
Mar 11, 2016
Bought 628 K USD
Westphal Christoph H
President and CEO
+ 89680
7 USD
8 years ago
Mar 14, 2016
Bought 73 K USD
Wessel Thomas
Chief Medical Officer
+ 8000
9.13 USD
8 years ago
Mar 11, 2016
Bought 85.8 K USD
Wessel Thomas
Chief Medical Officer
+ 12000
7.15 USD
8 years ago
Mar 11, 2016
Bought 70.3 K USD
MacKinnon Roderick
Director
+ 10000
7.0261 USD
8 years ago
Dec 14, 2015
Bought 11.1 K USD
Westphal Christoph H
President and CEO
+ 927
12.006 USD
8 years ago
Dec 07, 2015
Bought 10.9 K USD
Westphal Christoph H
President and CEO
+ 907
12.0162 USD
8 years ago
Nov 30, 2015
Bought 10.9 K USD
Westphal Christoph H
President and CEO
+ 887
12.3213 USD
8 years ago
Nov 23, 2015
Bought 11.1 K USD
Westphal Christoph H
President and CEO
+ 971
11.3943 USD
9 years ago
Nov 19, 2015
Bought 51.2 K USD
KOZIN MARC D
Director
+ 4500
11.382 USD
9 years ago
Nov 16, 2015
Bought 10.8 K USD
Westphal Christoph H
President and CEO
+ 1001
10.78 USD
9 years ago
Nov 09, 2015
Bought 11 K USD
Westphal Christoph H
President and CEO
+ 1000
11.032 USD
9 years ago
Nov 02, 2015
Bought 11.2 K USD
Westphal Christoph H
President and CEO
+ 967
11.5859 USD
9 years ago
Oct 26, 2015
Bought 11 K USD
Westphal Christoph H
President and CEO
+ 1043
10.5498 USD
9 years ago
Oct 19, 2015
Bought 10.8 K USD
Westphal Christoph H
President and CEO
+ 1018
10.6065 USD
9 years ago
Oct 12, 2015
Bought 11.1 K USD
Westphal Christoph H
President and CEO
+ 924
11.9828 USD
9 years ago
Oct 05, 2015
Bought 10.8 K USD
Westphal Christoph H
President and CEO
+ 868
12.4802 USD
9 years ago
Sep 28, 2015
Bought 10.3 K USD
Westphal Christoph H
President and CEO
+ 924
11.1849 USD
9 years ago
Sep 21, 2015
Bought 11.8 K USD
Westphal Christoph H
President and CEO
+ 733
16.04 USD
9 years ago
Sep 14, 2015
Bought 10.8 K USD
Westphal Christoph H
President and CEO
+ 750
14.3447 USD
9 years ago
Aug 31, 2015
Bought 11.1 K USD
Westphal Christoph H
President and CEO
+ 887
12.495 USD
9 years ago
Aug 24, 2015
Bought 11.3 K USD
Westphal Christoph H
President and CEO
+ 844
13.3619 USD
9 years ago
Aug 17, 2015
Bought 11 K USD
Westphal Christoph H
President and CEO
+ 774
14.1925 USD
9 years ago
Aug 10, 2015
Bought 11.2 K USD
Westphal Christoph H
President and CEO
+ 762
14.7126 USD
9 years ago
Aug 03, 2015
Bought 11.4 K USD
Westphal Christoph H
President and CEO
+ 706
16.1082 USD
9 years ago
Jul 27, 2015
Bought 11.1 K USD
Westphal Christoph H
President and CEO
+ 691
16.0792 USD
9 years ago
Jul 20, 2015
Bought 5.54 K USD
Westphal Christoph H
President and CEO
+ 337
16.4479 USD
9 years ago
Jul 13, 2015
Bought 5.64 K USD
Westphal Christoph H
President and CEO
+ 324
17.4083 USD
9 years ago
Jul 06, 2015
Bought 5.54 K USD
Westphal Christoph H
President and CEO
+ 342
16.1988 USD
9 years ago
Jun 29, 2015
Bought 5.78 K USD
Westphal Christoph H
President and CEO
+ 286
20.212 USD
9 years ago
Jun 22, 2015
Bought 5.49 K USD
Westphal Christoph H
President and CEO
+ 278
19.7648 USD
9 years ago
Jun 15, 2015
Bought 5.5 K USD
Westphal Christoph H
President and CEO
+ 284
19.3733 USD
9 years ago
Jun 08, 2015
Bought 5.56 K USD
Westphal Christoph H
President and CEO
+ 311
17.8784 USD
9 years ago
Jun 01, 2015
Bought 5.5 K USD
Westphal Christoph H
President and CEO
+ 303
18.1541 USD
9 years ago
May 18, 2015
Bought 5.5 K USD
Westphal Christoph H
President and CEO
+ 323
17.0398 USD
9 years ago
May 11, 2015
Bought 5.69 K USD
Westphal Christoph H
President and CEO
+ 313
18.1886 USD
9 years ago
May 04, 2015
Bought 5.63 K USD
Westphal Christoph H
President and CEO
+ 310
18.1706 USD
9 years ago
Apr 27, 2015
Bought 5.41 K USD
Westphal Christoph H
President and CEO
+ 244
22.1549 USD
9 years ago
Apr 20, 2015
Bought 5.56 K USD
Westphal Christoph H
President and CEO
+ 266
20.9123 USD
9 years ago
Apr 13, 2015
Bought 5.54 K USD
Westphal Christoph H
President and CEO
+ 282
19.6374 USD
9 years ago
Apr 06, 2015
Bought 5.55 K USD
Westphal Christoph H
President and CEO
+ 262
21.1754 USD
9 years ago
Mar 30, 2015
Bought 5.58 K USD
Westphal Christoph H
President and CEO
+ 272
20.5186 USD
9 years ago
Feb 03, 2015
Bought 5 M USD
Longwood Fund II, L.P.
10 percent owner
+ 312500
16 USD
7. News
Why Is Salarius Pharmaceuticals (SLRX) Stock Up 90% Today? Genomic therapeutic specialist Salarius Pharmaceuticals (NASDAQ: SLRX ) screamed higher Tuesday, with shares gaining 160% before paring back some of the gains to around 90%. Although no catalyst is apparent, the biotechnology firm revealed details about its at-the-market (ATM) offering recently. investorplace.com - 3 months ago
Salarius Pharmaceuticals Announces 1-for-8 Reverse Stock Split HOUSTON, June 12, 2024 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (NASDAQ: SLRX), a clinical-stage biopharmaceutical company using protein inhibition and protein degradation to develop cancer therapies for patients in need of new treatment options, today announced that it will effect a 1-for-8 reverse stock split at 5:00 p.m. Eastern Time, on June 14, 2024. Beginning with the opening of trading on June 17, 2024, Salarius' common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 79400X404 and the Company's existing trading symbol “SLRX.” globenewswire.com - 5 months ago
Salarius Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update Patient Enrollment Resumed in the Investigator-initiated Phase 1/2 Clinical Trial of Seclidemstat in Combination with Azacitidine to Treat Hematologic Cancers globenewswire.com - 7 months ago
Investigator-initiated Phase 1/2 Clinical Trial Using Salarius Pharmaceuticals' Seclidemstat in Combination with Azacitidine to Treat Hematologic Cancers Resumes Patient Enrollment Additional Ewing Sarcoma Patient in Company's Phase 1/2 Sarcoma Trial Achieves Partial Response; Objective Response Rate Among First-Relapse Ewing Patients Treated with Seclidemstat, Topotecan and Cyclophosphamide Reaches 60% Additional Ewing Sarcoma Patient in Company's Phase 1/2 Sarcoma Trial Achieves Partial Response; Objective Response Rate Among First-Relapse Ewing Patients Treated with Seclidemstat, Topotecan and Cyclophosphamide Reaches 60% globenewswire.com - 10 months ago
Salarius Completes FDA Type B Meeting for Seclidemstat Ewing Sarcoma Development Program FDA briefing included new Ewing sarcoma clinical data from ongoing investigation where 60% of first-relapse patients achieved disease control and have not progressed after at least 14.5, 19.7 and 22.8 months globenewswire.com - 1 year ago
Salarius Pharmaceuticals Reports Second Quarter 2023 Financial Results and Provides a Business Update FDA removed partial clinical hold for Ewing sarcoma Phase 1/2 study with seclidemstat SP-3164 targeted protein degrader received Investigational New Drug clearance from FDA Company to explore strategic alternatives and implement measures to extend its resources HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company using protein inhibition and protein degradation to develop cancer therapies for patients in need of new treatment options, today reported financial results for the three and six months ended June 30, 2023 and provided a business update. Financial and Business Highlights Cash and cash equivalents were $11.5 million as of June 30, 2023, compared with $12.1 million as of December 31, 2022 Net loss for the second quarter of 2023 was $3.9 million, or $1.43 per share, compared with net loss for the second quarter of 2022 of $4.7 million, or $2.20 per share, reflecting lower spending on seclidemstat and lower general and administrative expenses Raised gross proceeds of $6.0 million from a private placement of common stock and warrants, and an additional $1.7 million from an At the Market facility Announced plans to explore strategic alternatives and implement measures to extend resources “While the second quarter and recent weeks were highlighted by significant advancements in both of our development programs, after a review of each program's future funding needs and the current financial markets, the Board of Directors has made the difficult decision to limit further drug development while we explore strategic alternatives for Salarius,” said David Arthur, president and chief executive officer of Salarius Pharmaceuticals. globenewswire.com - 1 year ago
Salarius Pharmaceuticals Receives FDA Clearance of SP-3164 Investigational New Drug Application to Begin a Phase 1 Clinical Trial in Relapsed/Refractory Non-Hodgkin Lymphoma Patients The trial will assess the safety and preliminary efficacy of Salarius' novel targeted protein degrader SP-3164; Patient dosing expected to begin in 2H 2023 globenewswire.com - 1 year ago
Salarius Pharmaceuticals Presents SP-3164 Targeted Protein Degrader Preclinical Data at the European Hematology Association 2023 Hybrid Congress New proteomics data show that SP-3164 induces more degradation of cancer-promoting proteins than the standard-of-care agent lenalidomide New proteomics data show that SP-3164 induces more degradation of cancer-promoting proteins than the standard-of-care agent lenalidomide globenewswire.com - 1 year ago
Salarius Pharmaceuticals Announces Closing of $6 Million Private Placement Priced At-the-Market Under Nasdaq Rules HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (NASDAQ: SLRX), a clinical-stage biopharmaceutical company using protein inhibition and protein degradation to develop cancer therapies for patients in need of new treatment options, today announced that it has closed its previously announced private placement for the issuance and sale of an aggregate of 3,636,364 shares of its common stock (or common stock equivalents in lieu thereof), Series A-1 warrants to purchase up to an aggregate of 3,636,364 shares of common stock and Series A-2 warrants to purchase up to an aggregate of 3,636,364 shares of common stock at a purchase price of $1.65 per share (or common stock equivalent) and accompanying warrants, priced at-the-market under Nasdaq rules. globenewswire.com - 1 year ago
Salarius Pharmaceuticals Announces $6 Million Private Placement Priced At-the-Market Under Nasdaq Rules HOUSTON, May 12, 2023 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (NASDAQ: SLRX), a clinical-stage biopharmaceutical company using protein inhibition and protein degradation to develop cancer therapies for patients in need of new treatment options, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 3,636,364 shares of its common stock (or common stock equivalents in lieu thereof), Series A-1 warrants to purchase up to an aggregate of 3,636,364 shares of common stock and Series A-2 warrants to purchase up to an aggregate of 3,636,364 shares of common stock at a purchase price of $1.65 per share (or common stock equivalent) and accompanying warrants in a private placement priced at-the-market under Nasdaq rules. The private placement is expected to close on or about May 16, 2023, subject to the satisfaction of customary closing conditions. globenewswire.com - 1 year ago
Salarius Pharmaceuticals Reports First Quarter 2023 Financial Results and Provides a Business Update FDA removes partial clinical hold on seclidemstat Phase 1/2 trial in Ewing sarcoma; Salarius plans to meet with FDA to discuss future development and potential registration pathways globenewswire.com - 1 year ago
Salarius Pharmaceuticals stock soars premarket after FDA lifts partial clinical hold on trial of treatment for rare form of cancer that starts in childhood Salarius Pharmaceuticals Inc.'s stock SLRX soared 33% in premarket trade Tuesday after the company said the U.S. Food and Drug Administration has lifted a partial clinical hold on a trial of a treatment for Ewing sarcoma, a rare and deadly form of cancer that occurs in bones or the soft tissue around bones. The treatment called seclidemstat, was being reviewed in a Phase 1/2 trial and had previously been granted Fast Track Designation, Orphan Drug Designation and Rare Pediatric Disease Designation. marketwatch.com - 1 year ago
8. Profile Summary

Salarius Pharmaceuticals, Inc. SLRX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 1.93 M
Dividend Yield 0.00%
Description Salarius Pharmaceuticals, Inc., a clinical-stage biotechnology company, focuses on developing epigenetic-based cancer treatments. Its lead candidate is Seclidemstat (SP-2577), a small molecular inhibitor which is in Phase I/II clinical trial for the treatment of advanced solid tumors, as well as Ewing sarcoma. The company also offers SP-3164, a small molecular protein degrader for the treatment of hematological and solid tumors. It has a strategic partnership with The University of Utah Research Foundation for the exclusive license with respect to patent rights protecting SP-2577 and related compounds; HLB Life Sciences to develop, produce, manufacture, use, and sell the drug in South Korea; and Cancer Prevention and Research Institute of Texas for product development activities, as well as a research partnership with the Cancer Epigenetics Institute at Fox Chase Cancer Center to identify new indications and biomarkers for SP-2577. The company is headquartered in Houston, Texas.
Contact 2450 Holcombe Boulevard, Houston, TX, 77021 https://www.salariuspharma.com
IPO Date Jan. 29, 2015
Employees 2
Officers Mr. David J. Arthur M.B.A. Chief Executive Officer, President & Director Mr. Mark J. Rosenblum CPA Executive Vice President of Finance & Chief Financial Officer