StockWireNews
On Immediate Alert: Nasdaq Biopharma (CTOR) Is A Low Float Profile Riding A Recent FDA Approval
A Low Float (Approx. 350k Shares) Means Strong Volatility Potential!
September 23rd
Greetings Readers,
Hitting my desk, an under-the-radar biopharma company caught my attention over the weekend.
Why is this one special? Simple. FDA approval.
This company's lead product recently received FDA approval for treating relapsed or refractory CTCL, addressing a critical gap in patient care.
Positioned to shake up an untapped industry, this breakthrough targets a market potentially valued at more than $400Mn (and growing).
Strong intellectual property protections and plans to expand into immuno-oncology combination therapies should enhance this company's competitive edge.
Now may be the perfect time to dive deeper and explore what this emerging leader in oncology has to offer.
Oh. By the way, if you like low float profiles, this one could blow your mind.
Right now, Finviz is reporting a float of roughly 350k shares!
That means that volatility could become an explosive dynamic when tracking this newly minted Nasdaq profile.
Listen. Time's ticking to pull up:
Citius Oncology, Inc. (Nasdaq: CTOR)
Citius Oncology, Inc. is a biopharmaceutical company focused on developing and commercializing innovative targeted oncology therapies.
In August 2024, the U.S. Food and Drug Administration (FDA) approved LYMPHIR™ (denileukin diftitox-cxdl), their targeted immune therapy for patients with relapsed or refractory cutaneous T-cell lymphoma (CTCL).
(Nasdaq: CTOR) - The Game-Changing Announcement
Last month, this huge news appears to have flown under-the-radar. Check it out:
Citius Pharmaceuticals* Receives FDA Approval for LYMPHIR™ Immunotherapy for the Treatment of Adults with Relapsed or Refractory Cutaneous T-Cell Lymphoma
- Only systemic treatment for relapsed or refractory (r/r) CTCL to target the IL-2 receptor on malignant T-cells and Tregs
- LYMPHIR is expected to launch within the next five months
- LYMPHIR's approval marks the first novel targeted systemic therapy approved by the FDA r/r CTCL since 2018
- Approval based on Phase 3 Pivotal Study 302 results that demonstrated 36% ORR, reduction in skin disease in 84% of patients, clinically significant pruritis improvement, and no cumulative toxicity
CRANFORD, N.J., Aug. 8, 2024 /PRNewswire/ -- Citius Pharmaceuticals, Inc. (NASDAQ: CTXR) ("Citius", "Citius Pharma"), announced today that the U.S. Food and Drug Administration (FDA) has approved LYMPHIR™ (denileukin diftitox-cxdl), a novel immunotherapy for the treatment of r/r cutaneous T-cell lymphoma (CTCL) after at least one prior systemic therapy. 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 the first FDA-approved product for Citius Pharma.
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