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Why Penny Stock Soligenix is Higher on Monday?

On Monday, Soligenix (NASDAQ: SNGX) received orphan drug designation from the U.S. Food and Drug Administration (FDA) for the active ingredient in its MarVax vaccine, a recombinantly expressed subunit protein vaccine against Marburg virus (MARV) glycoprotein, for the prevention of marburg virus infection and post-exposure prophylaxis. In addition to a seven-year period of market exclusivity following final FDA approval, orphan drug designation allows Soligenix to capitalize on a wide range of financial and regulatory advantages, including

Why is Vendetta Pharmaceuticals Inc. stock higher today?

On Tuesday, the U.S. Food and Drug Administration (FDA) approved Vanda Pharmaceuticals Inc's (NASDAQ: VNDA) Fanapt (ipiperidone) tablets for the acute treatment of manic or mixed seizures associated with bipolar I disorder in adults, an atypical antipsychotic that has been used for the acute treatment of patients with schizophrenia since it was approved by the FDA in 2009. Fanapt is an atypical antipsychotic drug that has been used in the acute treatment of schizophrenia since it was approved by the U.S. Food and Drug Administration in 2009. Bipolar disorder is a chronic psychiatric condition that affects approximately 2.81 TP3T of U.S. adults, of which 831 TP3T are classified as severe bipolar disorder. Bipolar Disorder
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