Higher 2005 revenues for Cytogen

Biopharmaceutical firm Cytogen reported preliminary fourth-quarter total product sales of approximately $4.2 million, up 13% compared with the $3.5 million posted a year ago.

For the year (end-December 31), the Princeton, NJ-based firm expects to have total product sales of approximately $15.8 million, up 9% compared with the $14.5 million recorded in 2004. Cytogen president and CEO Michael Becker said that the firm believes it now has the resources to advance its clinical development programs and leverage the sales and marketing team built in 2005 to increase product sales.

By AuntMinnie.com staff writers
January 9, 2006

Related Reading

Cytogen revises Q3 net loss, November 15, 2005

Expenses contribute to Cytogen's Q3 loss, November 4, 2005

Cytogen revenues, losses rise in Q2, August 4, 2005

Cytogen cites promising results for cancer pain medication, June 21, 2005

Cytogen revenues up in Q1, but loss widens, May 5, 2005

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