GetSeriousOK
5 days ago
What grant do they "need to finalize?" Can you provide more detail? I know about the NJ grant in March 2024 for $2.4M -- is there another one pending in 2025?
https://www.prnewswire.com/news-releases/citius-pharmaceuticals-inc-secures-2-4-million-through-new-jersey-economic-development-program-302081639.html
I think the PPS is in a free-fall since Feb 24 because the Form 14 they filed on Feb 24 says they are increasing the A/S from 100M to 400M. Anticipated effective date: April 7th.
I doubt the insiders are dumping -- they paid over $2 per share and THEY are the ones who voted for the A/S increase (Directors, majority shareholders). I think that if they wanted to dump they would have done so before they decided to increase the A/S. Also, I believe all their options are priced higher than the current PPS.
Funding is a problem here, IMO. This company burned $6M last quarter and they have no cash ($112). Per the 10-Q, "The Company plans to continue to rely on funding from Citius Pharma." CTXR isn't rich either (about $1M in cash) and THEY burned $10M last quarter.
Citius expects to launch LYMPHIR in the first half of 2025 and they already have a Medicare J-Code so that is good. Looks like CTOR has a large inventory ($14M) ready to sell ("Inventory consists of finished goods of $6,134,895, and work in process of $8,246,474 as of December 31, 2024"). The question is going to be: how fast can they sell that inventory?
And when will Dr. Reddy's demand that $22M milestone payment? It's already past due. Maybe they are planning to pay Dr. Reddy in stock. From the 10-Q:At the time of the FDA approval for LYMPHIR, a $27.5 million milestone payment became payable under the terms of the asset purchase agreement for which a balance of $22.5 million remains due as of December 31, 2024. Pending further discussions with Dr. Reddy’s, Dr. Reddy’s agreed to a partial deferral without penalty of this milestone payment.
georgie18
1 month ago
CTOR...$1.23...🥳... https://schrts.co/ICqtBicz ...Bollie Squeeze is on...she gonna go up or down...
georgie18
Member Level
Re: georgie18 post# 388659
Thursday, January 16, 2025 3:28:33 PM
Post#
388694
of 390113
CTOR...$1.31...🥳...Trying for Upper Bollie Breakout...
georgie18
Member Level
Re: georgie18 post# 671469
Thursday, January 16, 2025 10:10:25 AM
Post#
671513
of 671603
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
georgie18
2 months ago
CTOR...$1.31...🥳...Trying for Upper Bollie Breakout...
georgie18
Member Level
Re: georgie18 post# 671469
Thursday, January 16, 2025 10:10:25 AM
Post#
671513
of 671603
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
georgie18
2 months ago
CTOR...$1.13...🥳... https://schrts.co/gcbJpQsR ...Adding here on the Bullish Kicking Reversal Pattern...
georgie18
Member Level
Re: georgie18 post# 388592
Thursday, January 16, 2025 6:58:32 AM
Post#
388610
of 388659
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
georgie18
2 months ago
CTOR...$1.28...🥳...Off my $1.09 Alert...
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 2:15:10 PM
Post#
671415
of 671468
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
georgie18
2 months ago
CTOR...Scaling in here on the $1.09 dip...🥳...Like the forward looking event...
CRANFORD, N.J., Jan. 7, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR) and its oncology-focused subsidiary, Citius Oncology (Nasdaq: CTOR), today announced significant progress in preparations for the commercial launch of LYMPHIR™, an innovative immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). Management is focused on making LYMPHIR available to patients as quickly as possible, with preparations underway for launch in the first half of 2025.
powerbattles
3 months ago
$CTOR BULLISH ✨💎✨💎✨💎✨ Tomorrow breakout $2.00
(LYMPHIR) is set to begin selling this quarter – exciting times ahead! It's hard to believe that a Phase 3 FDA-approved stock with a market cap of only a few million dollars even exists. This situation is almost unbelievable.
This stock is set for a massive move. It's the best bargain and super undervalued. There is no offering, no dilute, and a 5.9 million share float. The chart looks poised for a breakout $2.00. This will fly soon! It’s a matter of time, Bullish.
Lymphir is the only CTCL therapy that targets the interleukin-2 (IL-2) receptor found on malignant T-cells and Tregs. This is the first indication for Lymphir and Citius Pharma’s first FDA-approved product.
Citius Pharmaceuticals (CTXR), the parent company, owns 92% of the outstanding shares of CTOR, and it also owns Mino-Lok.
Mino-Lok (For Cancer and Infection Prevention)
Successful Phase 3 Clinical Trial of Mino-Lok®. Mino-Lok® is on a pathway to a New Drug Application (NDA) submission
INV4
3 months ago
Citius Oncology Engages Jefferies as Exclusive Financial Advisor to Explore Strategic Alternatives
January 06 2025 - 7:50AM
PR Newswire (US)
CRANFORD, N.J., Jan. 6, 2025 /PRNewswire/ -- Citius Oncology, Inc. ("Citius Oncology" or "the Company") (Nasdaq: CTOR), a majority-owned subsidiary of Citius Pharmaceuticals, Inc. ("Citius Pharma") (Nasdaq: CTXR), today announced that it has retained Jefferies LLC as its exclusive financial advisor to assist in evaluating strategic alternatives aimed at maximizing shareholder value.
The engagement of Jefferies underscores Citius Oncology's commitment to exploring all avenues for enhancing its strategic positioning and advancing its mission to improve patient outcomes in oncology. Strategic alternatives under consideration may include, but are not limited to, partnerships, joint ventures, mergers, acquisitions, licensing or other strategic transactions.
"We are excited to partner with Jefferies, a leading global investment bank with deep expertise in the life sciences sector, to help us explore opportunities that align with our long-term vision. As we prepare to launch our first cancer therapy, now is an opportune time to review options that would be in the best interests of patients and shareholders," said Leonard Mazur, Chief Executive Officer of Citius Oncology. "Our goal is to deliver value to shareholders by making a meaningful impact in the oncology space."
Citius Oncology is committed to commercializing LYMPHIR™, recently approved by the U.S. Food and Drug Administration (FDA) for the treatment of patients with relapsed or refractory Stage I-III cutaneous T-cell lymphoma (CTCL) following at least one prior systemic therapy.
The Company has not set a specific timeline for the strategic engagement and does not intend to disclose developments unless and until its Board of Directors has approved a specific transaction or course of action, or the company otherwise determines that disclosure is appropriate or necessary. There can be no assurance, however, that this process will result in a strategic transaction or other alternative.
About LYMPHIR™ (denileukin diftitox-cxdl)
LYMPHIR is a targeted immune therapy for relapsed or refractory CTCL indicated for use in Stage I-III disease after at least one prior systemic therapy. It is a recombinant fusion protein that combines the IL-2 receptor binding domain with diphtheria toxin fragments. The agent specifically binds to IL-2 receptors on the cell surface, causing diphtheria toxin fragments that have entered cells to inhibit protein synthesis. After uptake into the cell, the DT fragment is cleaved and the free DT fragments inhibit protein synthesis, resulting in cell death. Denileukin diftitox-cxdl demonstrated the ability to deplete immunosuppressive regulatory T lymphocytes (Tregs) and antitumor activity through a direct cytocidal action on IL-2R-expressing tumors.
In 2021, denileukin diftitox received regulatory approval in Japan for the treatment of CTCL and PTCL. Subsequently, in 2021, Citius acquired an exclusive license with rights to develop and commercialize LYMPHIR in all markets except for Japan and certain parts of Asia. LYMPHIR was approved by the FDA in August 2024.
About Citius Oncology, Inc.
Citius Oncology, Inc. (Nasdaq: CTOR) is a platform to develop and commercialize novel targeted oncology therapies. In August 2024, its primary asset, LYMPHIR, was approved by the FDA for the treatment of adults with relapsed or refractory CTCL who had had at least one prior systemic therapy. Management estimates the initial market for LYMPHIR currently exceeds $400 million, is growing, and is underserved by existing therapies. Robust intellectual property protections that span orphan drug designation, complex technology, trade secrets and pending patents for immuno-oncology use as a combination therapy with checkpoint inhibitors would further support Citius Oncology's competitive positioning. For more information, please visit www.citiusonc.com.
About Citius Pharmaceuticals, Inc.
Citius Pharmaceuticals, Inc. (Nasdaq: CTXR) is a biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products. In August 2024, the FDA approved LYMPHIR, a targeted immunotherapy for an initial indication in the treatment of cutaneous T-cell lymphoma. Citius Pharma's late-stage pipeline also includes Mino-Lok®, an antibiotic lock solution to salvage catheters in patients with catheter-related bloodstream infections, and CITI-002 (Halo-Lido), a topical formulation for the relief of hemorrhoids. A Pivotal Phase 3 Trial for Mino-Lok and a Phase 2b trial for Halo-Lido were completed in 2023. Mino-Lok met primary and secondary endpoints of its Phase 3 Trial. Citius is actively engaged with the FDA to outline next steps for both programs. Citius Pharmaceuticals owns 92% of Citius Oncology. For more information, please visit www.citiuspharma.com.
https://ih.advfn.com/stock-market/NASDAQ/citius-oncology-CTOR/stock-news/95198794/citius-oncology-engages-jefferies-as-exclusive-fin
$CTOR