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
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