Soligenix Inc (SNGX): As mentioned, billionaire biotech invest...

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Wednesday, 08/19/2015 8:44:51 AM

Wednesday, August 19, 2015 8:44:51 AM

As mentioned, billionaire biotech investor/expert R.J. Kirk owns 49% of SNGX and his other stocks like XON, ZIOP, FCSC, SYN and OGEN have tripled this year.

SNGX has a robust pipeline so this has a LOT OF PR that can triple the price of this stock as well:

Soligenix announces that the National Institute of Allergy and Infectious Diseases has exercised its option to advance the development of Soligenix's heat stabilized ricin toxin vaccine RiVax
7:00 AM ET, 08/19/2015 - Briefing.com
The overall objectives of the contract are to advance the development of Soligenix's thermostabilization technology, ThermoVax, combined with the company's ricin toxin vaccine, RiVax, as a medical countermeasure to prevent the effects of ricin exposure.

The exercised option will provide Soligenix with an additional $2.7 million in funding. If all contract options are exercised, the total award of up to $24.7 million will support the preclinical, manufacturing and clinical development activities necessary to advance heat stable RiVax with the US Food and Drug Administration (FDA).