Citius Pharmaceuticals to Deliver Virtual Presentation at the Life Sciences Investor Forum

Rhea-AI Summary

Citius Pharmaceuticals (Nasdaq: CTXR) announced that CEO Myron Holubiak will present at the Life Sciences Investor Forum on June 25, 2020, at 11:00 AM ET. The presentation will provide updates on the Company’s ongoing Phase 3 trial for Mino-Lok® and the potential licensing of a novel stem cell therapy for ARDS in COVID-19 patients. Investors can participate and ask questions during the event, which will also be available via archived webcast.

Positive

• CEO will provide updates on the Phase 3 clinical trial for Mino-Lok®, which is more than half enrolled.
• Potential licensing of novel stem cell therapy for ARDS in COVID-19 may provide new revenue opportunities.

Negative

• Completion of patient enrollment for the Phase 3 trial may face risks and uncertainties.
• Need for substantial additional funds indicates potential financial strain.

CRANFORD, N.J., June 22, 2020 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR), a specialty pharmaceutical company focused on developing and commercializing critical care drug products, announced today that Chief Executive Officer Myron Holubiak will deliver a virtual presentation at the Life Sciences Investor Forum on Thursday, June 25, 2020 at 11:00 AM ET. 

Event: Life Sciences Investor Forum

Presentation Date: Thursday, June 25, 2020

Presentation Time: 11:00 AM ET

Mr. Myron Holubiak will present an update on the Company, including its Phase 3 pivotal trial with Mino-Lok® that is currently more than half enrolled and its option to license a novel stem cell therapy for acute respiratory distress syndrome (ARDS) in COVID-19 patients. This presentation will be a live, interactive online event where investors can ask the Company questions in real-time. An archived webcast will also be made available after the event.

While attendance at this virtual event is free, it is recommended that investors pre-register at www.lifesciencesinvestorforum.com.

About Citius Pharmaceuticals, Inc.
Citius is a specialty pharmaceutical company dedicated to the development and commercialization of critical care products, with a focus on anti-infectives, cancer care, and unique prescription products that use innovative, patented, or proprietary formulations of previously-approved active pharmaceutical ingredients. We seek to achieve leading market positions by providing therapeutic products that address unmet medical needs.  By using previously approved drugs with substantial safety and efficacy data, we seek to reduce the risks associated with pharmaceutical product development and regulatory requirements. Citius develops products that have intellectual property protection and competitive advantages to existing therapeutic approaches. For more information, please visit www.citiuspharma.com.

About Life Sciences Investor Forum
Life Sciences Investor Forum is a leading proprietary investor conference series that provides an interactive forum for life sciences companies to meet with and present directly to investors. It is a realtime solution for investor engagement that is powered by Intrado Digital Media and specifically designed for more efficient investor access. Replicating the look and feel of on-site investor conferences, Life Sciences Investor Forum combines leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

Safe Harbor
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are made based on our expectations and beliefs concerning future events impacting Citius. You can identify these statements by the fact that they use words such as "will," "anticipate," "estimate," "expect," "should," and "may" and other words and terms of similar meaning or use of future dates. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price.  Factors that could cause actual results to differ materially from those currently anticipated are: risks associated with conducting our Phase 3 trial for Mino-Lok, including completing patient enrollment, opening study sites and achieving the required number of catheter failure events; the estimated markets for our product candidates and the acceptance thereof by any market; our need for substantial additional funds; risks associated with developing Mino-Wrap, including that preclinical results may not be predictive of clinical results and our ability to file an IND; risks related to our growth strategy; our ability to identify, acquire, close and integrate product candidates and companies successfully and on a timely basis; risks relating to the results of research and development activities; uncertainties relating to preclinical and clinical testing; the early stage of products under development; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our ability to attract, integrate, and retain key personnel; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Contact:
Andrew Scott                                                              
Vice President, Corporate Development                                                       
(O) 908-967-6677 x105
ascott@citiuspharma.com 

View original content:http://www.prnewswire.com/news-releases/citius-pharmaceuticals-to-deliver-virtual-presentation-at-the-life-sciences-investor-forum-301081174.html

SOURCE Citius Pharmaceuticals, Inc.

FAQ

What is Citius Pharmaceuticals' upcoming event?

Citius Pharmaceuticals will present at the Life Sciences Investor Forum on June 25, 2020.

What will be discussed during the Citius Pharmaceuticals presentation?

The presentation will provide updates on the Phase 3 trial for Mino-Lok® and a novel stem cell therapy for ARDS.

When is the Citius Pharmaceuticals presentation scheduled?

The presentation is scheduled for June 25, 2020, at 11:00 AM ET.

How can investors access the Citius Pharmaceuticals presentation?

Investors can attend the presentation virtually and participate in real-time questions.

What is the stock symbol for Citius Pharmaceuticals?

The stock symbol for Citius Pharmaceuticals is CTXR.