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Sol-Gel Completes Pivotal Phase 3 Trial for SGT-610
Sol-Gel Technologies announced that the last patient has completed the last scheduled study visit in the company's pivotal Phase 3 clinical trial evaluating SGT-610 for the prevention of BCC lesions in adult patients with Gorlin syndrome.
Sol-Gel Reports Q1 Revenue of $108,000
Reports Q1 revenue $108,000 vs. $1.03M last year. Mori Arkin, executive chairman of Sol-Gel, stated: "The first quarter of 2026 was a period of substantial progress on every front that matters to Sol-Gel. The Notice of Allowance extending the exclusivity of patidegib until 2044 marks a major milestone in the value creation of SGT-610 and Sol-Gel as a company. In parallel, the successful completion of our oversubscribed offering, with broad participation from leading healthcare specialist investors, is expected to provide Sol-Gel with the financial resources to support operations into 2028, allowing us to execute our Phase 3 program of SGT-610 through top-line readout and to support its pre-commercialization activities."
TD Cowen and LifeSci Capital Jointly Manage Offering
TD Cowen and LifeSci Capital are acting as joint book running managers for the offering.
Sol Gel Technologies Trading Halted
Sol Gel Technologies trading halted, volatility trading pause
Sol-Gel Technologies Halts SGT-210 Development for Darier Disease
Sol-Gel Technologies provided an update following the unblinding of clinical data from its vehicle-controlled proof-of-concept Phase 1b study of SGT-210 on Darier disease. Following unblinding, the data from the vehicle-controlled Phase 1b proof-of-concept study did not show differentiation between SGT-210 and vehicle on the study's efficacy assessments. Mori Arkin, Executive Chairman of Sol-Gel, stated: "After unblinding the clinical data from our trial, the study did not demonstrate a signal of superiority of active treatment versus vehicle, and we have therefore decided not to advance to the next stage of development in this indication. We intend to pursue very small, low-cost feasibility studies in other areas of unmet medical need where the mechanistic rationale for SGT-210 is strong. We continue to prioritize the successful completion of our Phase 3 program of SGT-610 in Gorlin syndrome and preparatory activities supporting a potential Phase 3 program in high-frequency BCC, subject to successful completion of the Gorlin Phase 3 trial."
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