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Citius Pharmaceuticals Reschedules Participation in Sidoti Small-Cap Virtual Investor Conference for November 2023 Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR), a late-stage biopharmaceutical company dedicated to the development and...

Key Takeaway: Citius Pharmaceuticals has rescheduled its participation in the Sidoti Small-Cap Virtual Investor Conference to November 2023. This change is due to the funeral services for Howard Safir, a long-time board member. The company continues to focus on its late-stage product candidates, including Mino-Lok and LYMPHIR, which have received FDA designations.
Price reaction · baseline $18.9775 (2023-09-15 close) · clean, no other CTXR news in the window
day 0 close · peak
-3.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Citius Pharmaceuticals is actively participating in investor conferences.
  • The company has a diversified pipeline with promising late-stage candidates.
  • Mino-Lok has received Fast Track designation from the FDA.
  • LYMPHIR has been granted orphan drug designation for CTCL.

CONCERNS & RISKS

  • The rescheduling of the conference is due to the passing of a board member.
  • No specific details about the November conference participation are provided yet.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+42%
120-day peak, hindsight
Typical move
7.8%
average across 2 past catalysts
Cash runway
~6 mo
High dilution risk
Lead asset
Monad 1
Phase 2 · Hemorrhoids

Full Press Release Details

CRANFORD, N.J. , Sept. 18, 2023 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR ), a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products, has rescheduled its participation in Sidoti's Small-Cap Virtual Conference to November 2023 due to funeral services for the late Howard Safir , a long-time member of the Citius Board. Mr. Mazur was originally scheduled to present at the Sidoti Small-Cap Virtual Conference on Wednesday, September 20, 2023 at 2:30pm . Additional details regarding participation in the Sidoti conference in November will be shared closer to the event.
About Citius Pharmaceuticals, Inc.
Citius is a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products, with a focus on oncology, anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapies. The Company's diversified pipeline includes two late-stage product candidates, Mino-Lok ® , an antibiotic lock solution for the treatment of patients with catheter-related bloodstream infections, which is currently enrolling patients in a Phase 3 Pivotal superiority trial, and LYMPHIR™, a novel IL-2R immunotherapy for an initial indication in CTCL. Mino-Lok was granted Fast Track designation by the FDA. LYMPHIR received orphan drug designation by the FDA for the treatment of CTCL and PTCL. At the end of March 2023 , Citius completed enrollment in its Phase 2b trial of CITI-002, a topical formulation for the relief of hemorrhoids. For more information, please visit www.citiuspharma.com .

Frequently Asked Questions

Why was the Sidoti Conference rescheduled?

The conference was rescheduled due to funeral services for Howard Safir.

What is Mino-Lok?

Mino-Lok is an antibiotic lock solution for treating catheter-related bloodstream infections.

What FDA designations has Citius received?

Mino-Lok received Fast Track designation, and LYMPHIR received orphan drug designation.

When is the rescheduled Sidoti Conference?

The Sidoti Conference is now scheduled for November 2023.

Last updated: Sep 18, 2023