Salarius Pharmaceuticals confirms ongoing Nasdaq trading for its shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
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Error on S&P CapIQ: Salarius Pharmaceuticals clarifies that an error on the S&P CapIQ platform incorrectly stated that the company was delisted from Nasdaq, while its stock continues to trade under the ticker "SLRX."
Merger and Funding: The company completed a merger with Decoy Therapeutics and raised $8 million in a public offering, resulting in a combined cash position of approximately $14 million.
Focus on Drug Development: Salarius is advancing Decoy's pipeline of peptide conjugate therapeutics, aiming to simplify drug development and manufacturing processes.
Upcoming Projects: Over the next year, Decoy plans to file an Investigational New Drug application for a pan-coronavirus antiviral and progress on other antiviral programs targeting flu, COVID-19, and GI cancers.
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About SLRX
Decoy Therapeutics Inc., formerly Salarius Pharmaceuticals, Inc., is a preclinical-stage biotechnology company that is leveraging machine learning and artificial intelligence (AI) tools alongside high-speed synthesis techniques to design, engineer and manufacture peptide conjugate drug candidates that target serious unmet medical needs. The Company’s initial pipeline is focused on respiratory viruses and GI cancers. In parallel, the Company is advancing discovery programs, including multi-virus decoy candidates designed to address overlapping respiratory threats, and cell-based and organoid-level validation of novel G protein-coupled receptor (GPCR)-targeted drug candidates outside of antivirals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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