Citius Oncology Soars 12.34% on Expanded Lymphir Distribution

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 16 de julio de 2025, 5:21 am ET1 min de lectura
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Citius Oncology's stock surged 12.34% in pre-market trading on July 16, 2025, driven by significant developments in its distribution network.

Citius Oncology has expanded its distribution network for Lymphir, its FDA-approved immunotherapy for relapsed or refractory cutaneous T-cell lymphoma. The company executed a distribution services agreement with CencoraCOR--, a global pharmaceutical services company. This partnership will enhance the availability of Lymphir across Cencora's extensive distribution network, marking a crucial step in Citius Oncology's commercial launch strategy.

Despite securing FDA approval for Lymphir, Citius OncologyCTOR-- has faced delays in commercialization, with the launch now anticipated for late 2025. The new distribution agreement with Cencora is expected to mitigate these delays by broadening the reach of Lymphir, potentially boosting investor confidence and driving stock performance.

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