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Salarius Pharmaceuticals Inc (OQ:SLRX)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 2450 Holcombe Blvd Ste J-608
HOUSTON TX 77021-2041
Tel: N/A
Website: https://salariuspharma.com
IR: See website
Key People
David J. Arthur
President, Chief Executive Officer, Director
Mark J. Rosenblum
Chief Financial Officer, Executive Vice President - Finance
 
Business Overview
Salarius Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is developing treatments for parties with cancers in need of new treatment options. Its product portfolio includes seclidemstat, an oral novel small molecule inhibitor of the LSD1 enzyme and the Company's lead candidate, which is being studied as a potential treatment for pediatric cancers, sarcomas, and other cancers with limited treatment options, and SP-3164, an oral small molecule protein degrader being developed for the treatment of Non-Hodgkins Lymphoma. SP-3164 is a small molecule protein degrader, and seclidemstat (SP-2577) is a small molecule inhibitor. SP-3164 is a next-generation cereblon-binding molecular glue (MG). SP-2577 is a small-molecule LSD1 inhibitor with a novel scaffold. The molecule was discovered using structure-based computational screening coupled with chemical screening and further optimization with structure-activity relationship studies.
Financial Overview
For the three months ended 31 March 2024, Salarius Pharmaceuticals Inc revenues was not reported. Net loss decreased 68% to $1.7M. Lower net loss reflects Research and Development decrease of 93% to $243K (expense), General and administrative decrease of 10% to $1.5M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$2.23 to -$0.41.