Citius Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and commercialization of critical care products focusing on anti-infective products in adjunct cancer care, prescription products, and mesenchymal stem cell therapy. The company is developing five proprietary products comprising Mino-Lok, an antibiotic lock solution to treat patients with catheter-related bloodstream infections by salvaging the infected catheter; Mino-Wrap, a liquifying gel-based wrap for reduction of tissue expander infections following breast reconstructive surgeries; Halo-Lido, a corticosteroid-lidocaine topical formulation that intends to provide anti-inflammatory and anesthetic relief to persons suffering from hemorrhoids; NoveCite, a mesenchymal stem cell therapy for the treatment of acute respiratory disease syndrome; and I/ONTAK, an engineered IL-2 diphtheria toxin fusion protein for the treatment of patients with persistent or recurrent cutaneous T-cell lymphoma. Citius Pharmaceuticals, Inc. was founded in 2007 and is headquartered in Cranford, New Jersey.
Citius Pharmaceuticals, Inc. Reports Fiscal Third Quarter 2026 Financial Results and Provides Business Update
Citius Pharmaceuticals reported fiscal third quarter revenue of $1.5 million, marking the first commercial sales from the LYMPHIR launch, with $7.1 million in revenue recorded for the nine-month period.
Commercial momentum accelerated during the quarter, with LYMPHIR now available at 44 institutions and July setting a record for institutional vial orders.
The company ended the quarter with $17 million in cash and equivalents but posted a net loss of $8.9 million, having recently bolstered liquidity with approximately $24 million in proceeds from warrant exercises and a term loan.