Rochester, NY 7/9/2009 9:47:15 PM
Morning Report Update - CYTR - CytRx files FDA report on halted clinical trial
CytRx Corporation CYTR
Morning Report Update - CYTR - CytRx files FDA report on halted clinical trial
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CytRx Corporation CYTR
Last Trade: 0.94
Day's Range: 0.90 - 0.96
52wk Range: 0.23 - 1.21
Volume: 219,400
COMPANY "In The News"
CytRx said Tuesday that it has filed a report with the Food and Drug Administration offering additional information to support the continuation of its Phase II clinical trial for its drug candidate arimoclomol in the treatment of ALS, or Lou Gehrig's disease. The agency placed a partial hold on the trial in January 2008. The company said it expects the FDA to review the report during the third quarter.
COMPANY DETAILS
CytRx Corporation, a biopharmaceutical research and development company, engages in the development of human therapeutics. Its product pipeline includes Tamibarotene, a synthetic retinoid in Phase II clinical development to treat acute promyelocytic leukemia; INNO-2006, a pro-drug for doxorubicin in Phase II clinical development for the treatment of cancer; Bafetinib, a drug in Phase I clinical development to treat chronic myeloid leukemia; Arimoclomol, an orally-administered small-molecule product candidate in Phase IIb clinical development for the treatment of amyotrophic lateral sclerosis; and Iroxanadine, an orally-administered small-molecule product candidate in Phase I clinical development to treat diabetic ulcers.
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