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Celcuity faces securities fraud probe after FDA delays breast cancer drug launch, shares drop 17.6%.

Market News
23 Jul 2026
PRNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating Celcuity Inc. for possible securities fraud following the company's announcement of a delayed commercial launch for its FDA-approved breast cancer drug Revtorpyk. The launch delay to late Q3 2026 was later than analysts expected, causing Celcuity's stock to fall 17.6% on July 15, 2026. The investigation focuses on whether Celcuity and its executives engaged in unlawful business practices related to this delay. Investors affected are advised to contact Pomerantz LLP for potential class action participation.

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