Citius plans two crucial trials after acquiring Leonard Meron Biosciences
US specialty pharma company Citius Pharmaceuticals (OTCQB: CTXR) is to take two of its key products into trials in 2017, ambitious bosses have said as in a new article on its upcoming plans.
The company has now completed its acquisition of USA-base Leonard-Meron Biosciences for an undisclosed amount, adding a treatment for catheter-related bloodstream infections (CRBSIs) called Mino-Lok to its portfolio.
Mino-Lok joined Hydro-Lido, an experimental treatment for hemorrhoids in mid-stage development and Suprenza, a US Food and Drug Administration (FDA)-approved phentermine-based product for weight loss, but Citius decided to shelve its plans for the latter, writes the article author Sara Bowman.
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