CytRx Comments on Quarterly Results and Year-to-Date Progress
LOS ANGELES–(BUSINESS WIRE)–CytRx Corporation (OTCQB:CYTR) (“CytRx” or the “Company”), a specialized biopharmaceutical company focused on research and development for the oncology and neurodegenerative disease categories, today commented on its results for the first quarter ended March 31, 2021. In addition, CytRx highlighted developments pertaining to its agreements with Orphazyme A/S (NASDAQ:ORPH) (“Orphazyme”) and ImmunityBio, Inc. (NASDAQ:IBRX) (“ImmunityBio”) as well as Centurion Biopharma. The Company’s 10-Q was filed on May 13, 2021.
Steven A. Kriegsman, Chairman and Chief Executive Officer of CytRx, stated:
“CytRx continues to execute on its strategic plan to cut costs, maintain a stable capital…