LadRx Corporation

LadRx Corporation

CYTR
LadRx CorporationUS flagOther OTC
0.09
USD
+0.00
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Steven Kriegsman
Full Time Employees
3
Sector
Healthcare
Industry
Biotechnology
Address
11726 San Vicente Blvd Ste 650 Los Angeles CA United States of America 90049
IPO Date
Nov 10, 1986
Website
cytrx.com
Business
LadRx Corporation, formerly CytRx Corporation, is a biopharmaceutical company that discovers and develops therapeutics primarily to treat cancer patients through its proprietary Linker Activated Drug Release (LADR) technology platform. This technology features an organic backbone attached to chemotoxic agents, such as novel derivatives of auristatin and maytansinoid, that target tumors by binding to circulating albumin for delivery and release within the tumor microenvironment; lead candidates include LADR7, LADR8, LADR9 and LADR10. Additional programs encompass aldoxorubicin, a modified version of doxorubicin in phase II clinical development for pancreatic cancer; and albumin companion diagnostic (ACDx) to identify responsive patients. The company was founded in 1985 and is headquartered in Los Angeles, California. LadRx relaunched under its current name in September 2022 to emphasize the LADR platform, while aldoxorubicin was licensed to ImmunityBio Inc. for up to $330 million in milestones and royalties; arimoclomol was sold to Orphazyme A/S (now Zevra Therapeutics Inc.) for milestone payments and royalties targeting Niemann-Pick disease Type C and Gaucher disease. Recent activities include advancing LADR7 through IND-enabling studies, planning a pre-NDA meeting with the FDA for aldoxorubicin pending $1.5 million in funding, and pursuing capital for NDA submission.

Company News

APIChat
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  • LadRx Corporation, Inc. to Present at the Virtual Life Science Investor Forum March 13th

  • LadRx Planning NDA Submission under 505(b)(2) for Aldoxorubicin and Other Updates

  • LadRx and ImmunityBio Mutually Agree to Terminate Aldoxorubicin License

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  • CytRx Highlights Orphazyme's Submission of European Marketing Authorisation for Arimoclomol to Treat Niemann-Pick Disease Type C