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Citius Oncology secures $25M credit facility and $11.5M warrant exercise to boost LYMPHIR commercialization.

Company Fundamentals
05 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Citius Oncology has entered a senior secured credit facility with Avenue Capital Group for up to $25 million, including an initial $10 million tranche, to support the commercialization of its FDA-approved cancer drug LYMPHIR. Concurrently, the company raised approximately $11.5 million through the exercise of warrants by a healthcare-focused investor. These financings provide Citius Oncology with enhanced financial flexibility to expand sales, market access, and manufacturing efforts for LYMPHIR, targeting relapsed or refractory cutaneous T-cell lymphoma. The funds will also support working capital and general corporate purposes as the company scales its commercial infrastructure.

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