Therapy Areas: Oncology
Citius Oncology reports financial results for fiscal full year ended 30 September 2024
30 December 2024 -

Citius Oncology Inc (Nasdaq: CTOR), a US-based specialty biopharmaceutical company, announced its financial results for the fiscal full year ended 30 September 2024 on Friday.

The company reported R&D expenses at USD4.9m for the full year ended 30 September 2024 compared to USD4.2m for the year-ended 30 September 2023.

The firm posted G&A expenses at USD8.1m for the full year ended 30 September 2024, compared to USD5.9m for the same period in 2023.

The company reported stock-based compensation expense at USD7.5m for the full year ended 30 September 2024, compared to USD2m for the full year ended 30 September, 2023.

The firm reported net loss at USD21.1m or USD0.31 per share for the full year ended 30 September 2024, compared to a net loss of USD12.7m or USD0.19 per share for the full year ended 30 September 2023.

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