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Delcath Systems Inc - DCTH STOCK NEWS

Welcome to our dedicated page for Delcath Systems news (Ticker: DCTH), a resource for investors and traders seeking the latest updates and insights on Delcath Systems stock.

Delcath Systems Inc. (Nasdaq: DCTH) is a prominent interventional oncology company focusing on the treatment of primary and metastatic liver cancers. The company's flagship product, the HEPZATO KIT™ (comprising Hepzato (melphalan) for Injection and the Hepatic Delivery System), offers a revolutionary approach to liver-directed chemotherapy. This system enables high-dose chemotherapy delivery directly to the liver, minimizing systemic exposure and associated side effects.

HEPZATO KIT is FDA-approved in the United States for treating adult patients with metastatic uveal melanoma (mUM) presenting unresectable hepatic metastases, especially when the metastases affect less than 50% of the liver and there is no extrahepatic disease, or extrahepatic disease limited to specific regions like bone or lymph nodes that can be managed surgically or through radiation. The product's approval followed the pivotal Phase 3 FOCUS study, which demonstrated a significant improvement in overall response rates and progression-free survival compared to historical data.

In Europe and the United Kingdom, Delcath markets the product under the trade name CHEMOSAT® Hepatic Delivery System for Melphalan. This device-only configuration has been utilized in over 250 treatments across 20 leading European cancer centers, establishing itself as a reliable option for liver cancer therapy.

Delcath continues to make strides in enhancing treatment accessibility. Recently, the company launched a Healthcare Setting Locator on their website to help patients, caregivers, and healthcare providers find facilities offering HEPZATO KIT treatment. The company also secured a permanent J-code for HEPZATO, streamlining the reimbursement process and facilitating broader patient access.

Recent business highlights include the first commercial use of HEPZATO KIT at Moffitt Cancer Center and the successful closing of a $7 million private placement to support ongoing commercial endeavors. Delcath has also published significant data from the FOCUS study in the Annals of Surgical Oncology, reinforcing the clinical efficacy of their treatment.

As Delcath Systems Inc. forges ahead, they remain committed to expanding the clinical adoption of their innovative therapies in major markets, thus providing critical treatment options to liver cancer patients worldwide.

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Delcath Systems, Inc. announces the granting of equity awards to three new employees as a material inducement to their employment. The grant includes the right to purchase 50,000 shares of the company's common stock at an exercise price of $4.79, with vesting over a period of three years.
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Delcath Systems, Inc. (Nasdaq: DCTH) announced that the Centers for Medicare & Medicaid Services has established a permanent and product-specific J-code (J9248) for HEPZATO, effective on April 1, 2024. The J-code streamlines the billing of Medicare Part B drugs, specifically for the liver-directed treatment of adult patients with metastatic uveal melanoma. This development is expected to facilitate patient access to the treatment, ensuring accurate and efficient reimbursement.
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Delcath Systems, Inc. (Nasdaq: DCTH) announced CEO Gerard Michel's participation in a fireside chat at the Lytham Partners 2024 Investor Select Conference, along with virtual one-on-one meetings with investors. The webcasted fireside chat will take place on February 1, 2024, and the webcast will be available for replay. Management will also be participating in virtual one-on-one meetings throughout the event.
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Delcath Systems, Inc. (Nasdaq: DCTH) announced the first commercial use of HEPZATO KIT for the treatment of metastatic uveal melanoma at Moffitt Cancer Center. Dr. Jonathan S. Zager, the global Lead Investigator for the FOCUS Phase 3 trial, performed the procedure. The company is working with other leading cancer centers to ensure nationwide access to the treatment.
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Delcath Systems, Inc. (DCTH) has granted equity awards to two individuals as a material inducement to their employment, totaling the right to purchase an aggregate of 27,000 shares of the company's common stock. The options were granted on December 29, 2023, with an exercise price equal to $4.16. One-third of the options will vest on the first anniversary of the grant date, with the remaining two-thirds vesting in equal monthly installments over the following twenty-four months. The awards were granted in accordance with NASDAQ Listing Rule 5635(c)(4).
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Delcath Systems, an interventional oncology company (Nasdaq: DCTH), published a clinical study in Melanoma Research. The study focused on the impact of melphalan percutaneous hepatic perfusion treatment on the quality of life of patients with metastatic uveal melanoma. The study showed that utilizing Delcath's HDS to administer high-dose melphalan to the liver is well tolerated by patients and does not negatively affect their quality of life.
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Delcath Systems, Inc. (Nasdaq: DCTH) announces the granting of equity awards to five individuals as a material inducement to employment. The grant includes the right to purchase 69,000 shares of the Company's common stock with specific vesting terms. The awards were granted in accordance with NASDAQ Listing Rule 5635(c)(4) and the terms of the Plan.
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Delcath Systems, Inc. (Nasdaq: DCTH) reported business highlights and financial results for Q3 2023, including FDA approval for HEPZATO KIT™, raising $35 million, and partnership with clinical treatment sites. Revenue for the quarter was approximately $0.4 million, with increased R&D and selling, general, and administrative expenses.
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Delcath Systems, Inc. (Nasdaq: DCTH) will host a conference call on November 13, 2023, at 4:30 PM Eastern Time to discuss results for its third quarter ended September 30, 2023. Participants can dial in or access the webcast to join the call. Replay of the conference will be available until November 20, 2023.
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Delcath Systems, Inc. announces longer overall survival for patients treated with Chemosat compared to SIRT in a retrospective study on liver-directed therapies for metastatic uveal melanoma.
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FAQ

What is the current stock price of Delcath Systems (DCTH)?

The current stock price of Delcath Systems (DCTH) is $11.01 as of December 20, 2024.

What is the market cap of Delcath Systems (DCTH)?

The market cap of Delcath Systems (DCTH) is approximately 349.8M.

What is the primary focus of Delcath Systems Inc.?

Delcath Systems Inc. focuses on the treatment of primary and metastatic liver cancers using proprietary products like the HEPZATO KIT™ and CHEMOSAT® Hepatic Delivery System.

What is the HEPZATO KIT?

The HEPZATO KIT is a combination of Hepzato (melphalan) for Injection and the Hepatic Delivery System, designed to deliver high-dose chemotherapy directly to the liver with minimal systemic exposure.

Where is the HEPZATO KIT approved for use?

The HEPZATO KIT is approved by the FDA for use in the United States to treat adult patients with metastatic uveal melanoma (mUM) with unresectable hepatic metastases.

What is the CHEMOSAT® Hepatic Delivery System?

In Europe and the UK, Delcath markets the CHEMOSAT® Hepatic Delivery System, a device-only configuration for administering high-dose chemotherapy to the liver.

How many CHEMOSAT treatments have been performed in Europe?

Over 250 CHEMOSAT treatments have been performed at more than 20 leading European cancer centers.

What recent milestones has Delcath Systems Inc. achieved?

Recent milestones include the first commercial use of HEPZATO KIT, securing a permanent J-code for the product, and closing a $7 million private placement.

What was the outcome of the pivotal Phase 3 FOCUS study?

The FOCUS study demonstrated that the HEPZATO KIT significantly improved overall response rates and progression-free survival for patients with metastatic uveal melanoma.

What support does Delcath offer for patients seeking HEPZATO KIT treatment?

Delcath has launched a Healthcare Setting Locator on their website to help patients, caregivers, and healthcare providers find facilities offering HEPZATO KIT treatment.

How does the HEPZATO KIT minimize systemic exposure?

The Hepatic Delivery System in the HEPZATO KIT isolates the liver and filters hepatic venous blood during melphalan infusion and washout, reducing systemic toxicity.

How does Delcath Systems Inc. support its commercial strategy in Europe?

Delcath aims to grow clinical adoption of CHEMOSAT in major European markets and leverage physician experience to support reimbursement appeals.

Delcath Systems Inc

Nasdaq:DCTH

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DCTH Stock Data

349.79M
29.73M
2.71%
38.13%
4.46%
Medical Devices
Surgical & Medical Instruments & Apparatus
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