Citius Pharma (CTXR) Prepares for Phase III Data Release at the End of This Month and the Potential Catalysts are Lining Up.

Citius Pharma (CTXR) Prepares for Phase III Data Release at the End of This Month and the Potential Catalysts are Lining Up.

(NASDAQ: CTXR) is now up well over 200% since our December report.

Citius Pharma (CTXR) Prepares for Phase III Data Release at the End of This Month and the Potential Catalysts are Lining Up.

Entering the Russell 2000 Index
Cash Horde in the Bank
Late-stage Phase 3 data release in two weeks

Good day everyone,

WE are updating our coverage of Citius Pharmaceuticals, Inc. (NASDAQ: CTXR), a late-stage specialty pharmaceutical company dedicated to the development and commercialization of critical care products.

Current price $2.75 per share

We issue reports on CTXR often and we have done so for quite a while. We talk about this company for a few reasons:

We like their business model.
We like their product pipeline.
We have faith in the company management.
CTXR consistently offers near term gain opportunities.
Multiple potential catalysts are about to hit.

As indicated in the company stock chart, 2021 has been a good year for the company shares thus far. Starting the year at $1.02/share, they peaked at $2.90 on February 22nd.

Now the company has announced some news that we’ve all been waiting for. The next planned interim analysis in its Phase 3 trial of Mino-Lok®, an antibiotic lock solution for the treatment of patients with catheter-related blood stream infections (CRBSIs/CLABSIs) has been scheduled for June 29, 2021. In accordance with the independent Data Monitoring Committee (DMC) charter, the DMC will hold a meeting to review the trial data for safety, superiority, and futility.

It’s been seven months since the DMC released results from their previous interim analysis of the Mino-Lok phase three trial. At that time, patient enrollment was at 50%, and the recommendation was to continue the trial as no adverse events were indicated. We note that the phase 2b trial resulted in 100% efficacy.

Due to difficulties in recruiting patients during the pandemic (most biopharma companies experienced this) the company and the FDA agreed to the next interim analysis being done at 65% enrollment, reduced from the previously scheduled 75%. This is the analysis we are waiting for on June 29th.

The upcoming interim analysis has the potential to be a major catalyst for the company’s value. That’s not the only potential catalyst for the end of June. On June 28th CTXR will be added to the Russell 2000 Index. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

For those new to our group, we want to describe the Mino-Lok product:

Citius is developing Mino-Lok®, an antibiotic lock solution to treat patients with catheter-related blood stream infections that was licensed from The University of Texas MD Anderson Cancer Center. Citius believes Mino-Lok® provides a superior alternative to removing and replacing a central venous catheter (CVC), leading to a reduction in serious adverse events and cost savings to the healthcare system. A multicenter Phase 3 pivotal superiority trial is currently underway. If approved, Mino-Lok® would be the first and only FDA-approved treatment that salvages central venous catheters that cause central line-related blood stream infections.

CTXR specializes in the development of biopharma products that consist of component drugs already approved by the FDA and seek FDA approval for novel combinations of those drugs. Both Mino-Lok and Mino-Wrap are licensed from the M.D. Anderson Cancer Center, a world-renowned research center.

While Mino-Lok is CTXRs lead product, they have more products in their pipeline:

Mino Wrap, also licensed from MD Anderson, to treat infections resulting from breast reconstruction, and is under review by the FDA’s Center for Drug Evaluation and Research division.

CITI-002 (Hydro-Lido) is being developed for symptomatic relief of hemorrhoids. CITI-002 combines the high-potency steroid, halobetasol, with lidocaine. There are no prescription strength treatments for hemorrhoids.

Through its subsidiary Novecite, CTXR is developing a novel stem cell therapy for the treatment of acute respiratory distress syndrome (ARDS). Recently the company received the Best Poster Award at the prestigious International Society for Cell and Gene Therapy (ISCT) 2021 Annual Meeting.

CTXT has a FYE of September 30th. As of March 31st, the company had a cash position of $103M. That cash horde may cover the expenses involved inl bringing Mino-Lok to market and bringing the company’s other products to advanced clinical trials.

3/1/2021 HC Wainwright Reiterated Rating Buy

2/25/2021 Dawson James Reiterated Rating Buy $6.00 target

Many of our members follow the biopharma sector with a keen eye. Let’s look at CTXR from an acquirer’s point of view. How much is a company worth that could generate $1.8B in annual revenues (estimated global market for Mino-Lok), has three other viable pipeline products and has $100M (est.) in the bank? We don’t know, but we think it could be significantly more than the current market value.

Stay tuned and stay informed.
The Traders News Group

Privacy Policy and Disclaimer
Your Consent
By using our site, you consent to our online privacy policy and disclaimer.
Do we disclose any information to outside parties?
We do not sell your information to anyone. Please see our cookie policy below.
What information do we collect?
We collect information from you when you subscribe to our newsletter or fill out a form on one of our social platforms. This includes your email address and or mobile phone number.
When registering on our site, as appropriate, you may be asked to enter your: e-mail address and or mobile number.
What do we use your information for?
When we collect your email or mobile number it is used for one purpose to send you the information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails.
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, other than for the express purpose of delivering the information on small cap stocks that you requested.
We send periodic emails
The email address you provide may be used to send you information, the small acp stock reports you requested, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use secure third parties to send email and sms messages to you.
Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act.
Online Privacy Policy Policy
This online privacy policy applies to information collected through our website and social media platforms.
Contacting Us
If there are any questions regarding this privacy policy or disclaimer you may contact us using the information below.
Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use.

Please Note: TNS LLC and its employees are not a registered investment advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.

Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The owners and operators of this website have been compensated twenty one thousand dollars cash via bank wire for our distributed opinions on ctxr this week. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading.