Sol-Gel Reports Q1 Revenue of $108,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2026
0mins
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."
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Analyst Views on SLGL
Wall Street analysts forecast SLGL stock price to fall
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Moderate Buy
Current: 74.120
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Current: 74.120
Low
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Averages
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About SLGL
Sol-Gel Technologies Ltd is a clinical-stage dermatology company. The Company is focused on identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases. The Company’s offers a range of products twins, sirs-t, and vered. The Company is designed its proprietary, silica-based microencapsulation technology platform to enhance the tolerability and stability of topical drugs while maintaining their efficacy. Topical drugs often struggle to balance achieving both high efficacy and high tolerability. Its technology platform entraps active ingredients in an inert, inorganic silica shell, which creates an unnoticeable barrier between the active ingredient and the skin.
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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- Offering Size: Sol-Gel Technologies successfully priced an oversubscribed public offering of approximately 459,000 shares at $72.00 each, raising about $33.1 million, indicating strong market demand despite a 9% drop in stock price during the same period.
- Use of Proceeds: The funds will be allocated to the continued development of SGT-610, including pre-commercialization activities and R&D, aimed at preventing new basal cell carcinomas in patients with Gorlin syndrome, thereby enhancing the company's competitive edge in skin cancer treatment.
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