Citius Pharmaceuticals at Moody Capital conference: launch gains traction
Citius Pharmaceuticals (CTXR) presented at the Moody Capital conference, highlighting its lead product LYMPHIR's commercial progress. The drug, approved for a rare blood cancer, has full reimbursement and is covered by 135 health plans. Citius reported $7.1M in LYMPHIR revenue for the first three quarters of fiscal 2024, with a 77% gross margin. Management emphasized the company's cash position, recent financing, and undervaluation relative to its 71% stake in Citius Oncology.



