CytRx Corp (CYTR) Posts Q2 Loss of 28c/Share

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CytRx (CYTR) Still Trades at Favorable Valuation to Peers; Aegis Maintains 'Buy' Rating

August 7, 2014 11:28 AM EDT

Aegis Capital affirms its Buy rating and $12 target price on CytRx Corp. (Nasdaq: CYTR) following Q2 results and update.

Analyst Ram Selvaraju commented, The firm ended the quarter with $102.5mm in cash, which we expect to be sufficient to fund operations well into 2016, past a... More

CytRx (CYTR) Presents Significant Aldoxorubicin Phase 2b Data

August 7, 2014 6:09 AM EDT

CytRx (Nasdaq: CYTR) announced that its oral presentation given by Sant P. Chawla, M.D., F.R.A.C.P., Director of the Sarcoma Oncology Center, titled Randomized phase 2b trial comparing first-line treatment with aldoxorubicin versus doxorubicin in patients with advanced soft tissue sarcomas, was featured in The Lancet Oncology in its July 2014 issue (Volume 15, Issue 8) in a review of the major presentations from the 2014 American Society of Clinical Oncology (ASCO) Annual Meeting.

We are honored to have been included in The Lancet Oncologys... More