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Citius Pharmaceuticals, Inc. Reports Fiscal Second Quarter 2025 Financial Results and Provides Business Update

  • On May 14, 2025, Citius Pharmaceuticals, Inc. From Cranford, N.J. Announced its business update along with financial performance figures for the quarter ending March 31, 2025.
  • The company completed Phase 3 trials for LYMPHIR and Mino-Lok last year, both meeting primary endpoints, and received FDA approval for LYMPHIR in August 2024.
  • Citius Pharma focused on launching LYMPHIR through its 92%-owned subsidiary Citius Oncology, while engaging the FDA on next steps and securing financing including a recent registered direct offering.
  • The company recorded a net loss of $11.5 million for the quarter, with R&D expenses of $3.8 million and general administrative expenses of $4.8 million, reflecting increased pre-launch costs.
  • Citius Pharma will need additional capital beyond May 2025 to support operations and plans to continue funding Citius Oncology while exploring strategic partnerships and commercialization strategies.
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Citius Pharmaceuticals, Inc. Reports Fiscal Second Quarter 2025 Financial Results and Provides Business Update

CRANFORD, N.J., May 14, 2025 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius Pharma" or the "Company") (Nasdaq: CTXR), a biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products today reported business and financial results for the fiscal…

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channelchek.com broke the news in on Wednesday, May 14, 2025.
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