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Cytogen reports net loss of $5.7 million in third quarter

Published in Women's Health Weekly, December 7th, 2006

Cytogen Corporation (CYTO) reported its consolidated financial results for the third quarter and nine months ended September 30, 2006.

The company also reiterated plans for the U.S. launch of Caphosol in early 2007. Approved as a prescription medical device, Caphosolis a topical oral agent for the treatment of oral mucositis and dry mouth. Caphosol was acquired by Cytogen in October 2006 and represents its fourth approved oncology product in the United States.

Cytogen reported a net loss of $5.7 million, or $0.26 per basic and diluted share for the third quarter of 2006, compared to a net loss of $7.1 million, or $0.40 per basic and diluted share,...

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