Citius Oncology secures up to $36.5 million in debt and equity capital led by Avenue Capital, advancing LYMPHIR® commercialization efforts.
PUBLIC · CTORMay 06, 2026
Amount Raised
$36.5 Million
Round Type
Venture
United StatesBiotechnologyHealth CareMedicalTherapeuticsPharmaceuticalBiopharma
Investors
Avenue Capital GroupAvenue Venture Opportunities Fund II, L.P.
Description
Citius Oncology, Inc. has entered a senior secured term loan credit facility with Avenue Capital Group for up to $25 million. An additional $11.5 million is expected from the exercise of outstanding warrants. These funds support the ongoing commercialization of LYMPHIR®, enhancing financial flexibility
Company Information
Company
Citius Oncology
Location
United States
About
Citius Oncology, Inc. is a Delaware-based clinical-stage biopharmaceutical company focused on developing innovative therapies for the treatment of cancer. The company specializes in the development of novel cancer treatments, including targeted therapies and immunotherapies, designed to improve the effectiveness and safety of cancer care. Citius Oncology operates primarily in the United States and is listed on The Nasdaq Capital Market under the ticker symbol CTOR. The company's strategic focus includes advancing its pipeline of therapies through clinical trials, positioning itself to address unmet medical needs in oncology, and catering to the growing demand for effective cancer treatments.
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