earnings
confidence high
sentiment neutral
materiality 0.70
Citius Oncology full-year net loss widens to $21.1M; FDA-approved LYMPHIR launch on track for H1 2025
CITIUS ONCOLOGY, INC.
- Net loss $21.1M ($0.31/sh) vs $12.7M ($0.19/sh) for FY ended Sep 30, 2024.
- FDA approved LYMPHIR for relapsed/refractory CTCL; commercial launch planned H1 2025.
- Pre-commercial activities: J-code application, NCCN inclusion, CSO recruitment, inventory built.
- R&D $4.9M, G&A $8.1M, stock-based comp $7.5M vs $4.2M, $5.9M, $2.0M YoY.
- Phase I combo with pembrolizumab showed 27% ORR, 33% CBR, median PFS 57 weeks in gynecological tumors.