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Celcuity Inc
NASDAQ:CELC

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Celcuity Inc
NASDAQ:CELC
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Price: 88.34 USD -2% Market Closed
Market Cap: $4.3B

Celcuity Inc
Investor Relations

Celcuity Inc. is a clinical-stage biotechnology company that develops cancer drugs aimed at specific tumor signaling pathways. Its main work is to identify which patients are most likely to respond to a treatment and then advance drugs that block the biological signals helping cancer cells grow. The company’s lead programs are built around targeted therapies rather than broad chemotherapy, so its business depends on matching the right drug to the right cancer biology. Celcuity does not sell a wide range of commercial medicines. It makes money mainly through drug development activities, which can include licensing, collaboration payments, and future product sales if its candidates win approval. Its research platform is used to study patient tumor samples and help guide clinical trial design, which gives the company a role both as a drug developer and as a precision-medicine toolmaker. For investors, the key point is that Celcuity sits in the high-risk, high-reward part of biotech. It is trying to turn lab and clinical data into approved cancer treatments that address patients with specific molecular markers. That makes its business model different from a traditional drugmaker: most of its value depends on successful clinical testing, regulatory approval, and eventual adoption by oncologists and hospitals.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 14, 2026
AI Summary
Q1 2026

Clinical progress: Celcuity said gedatolisib continues to make major progress, highlighting positive Phase III VIKTORIA-1 mutant-cohort data and calling the program well positioned for a potential approval and launch in the third quarter.

Trial expansion: The company expanded VIKTORIA-2 to include a second study in endocrine-sensitive first-line breast cancer, broadening its plan to study nearly all first-line patients regardless of endocrine sensitivity or PIK3CA status.

Launch prep: Management said commercial readiness is well underway, with all oncology sales specialists now hired and onboarded and payer discussions already in progress.

Financial loss: First-quarter net loss widened to $52.8 million, or $0.97 per share, from $37.0 million a year ago, mainly as spending increased ahead of launch.

Cash position: Celcuity ended the quarter with $387.1 million in cash, cash equivalents and short-term investments and said that, together with debt draws, it expects to fund operations through 2027.

FDA timing: Management said nothing in its FDA interactions suggests it will miss the July 17 PDUFA date, while keeping details of labeling and agency discussions limited.

Key Financials
Net loss
$52.8 million
Net loss per share
$0.97
Adjusted net loss
$46.8 million
Adjusted net loss per share
$0.86
Research and development expenses
$33.1 million
Selling, general and administrative expenses
$17.4 million
Net cash used in operating activities
$55.1 million
Cash, cash equivalents and short-term investments
$387.1 million
PDUFA date
July 17
VIKTORIA-2 Study 1 sample size
440 patients
VIKTORIA-2 Study 2 sample size
approximately 740 subjects
Prostate cancer trial patients
38 patients
Prostate cancer 6-month radiographic PFS rate
67%
Prostate cancer median radiographic PFS
9.1 months
First-line median PFS in Phase Ib study
48.6 months
First-line objective response rate in Phase Ib study
79%
Second-line incremental median PFS in wild-type cohort
7.3 months
Median duration of response in wild-type cohort
17.5 months
Objective response rate increase in wild-type cohort
31%
Adverse event-related discontinuation rate
2% and 3%
Median time to stomatitis improvement
12 and 14 days
U.S. second-line patients
37,000 patients
Total addressable market
more than $5 billion annually
Potential peak revenue
up to $2.5 billion annually
U.S. first-line patients
approximately 90,000 women each year
Endocrine-sensitive newly diagnosed patients
approximately 60,000
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brian F. Sullivan
Co-Founder, Chairman & CEO
No Bio Available
Dr. Lance G. Laing Ph.D.
Co-Founder, Chief Science Officer, VP, Secretary & Director
No Bio Available
Mr. Brent Eilefson
General Counsel
No Bio Available
Dr. John R. MacDonald Dabt, Ph., Ph.D.
Senior Vice President of R&D
No Bio Available
Ms. Sheri Smith
Acting Head of Clinical Operations
No Bio Available
Mr. Igor Gorbatchevsky M.D.
Chief Medical Officer
No Bio Available
Mr. Eldon C. Mayer III, M.B.A.
Chief Commercial Officer
No Bio Available
Dr. Charlotte Moser M.B.A., M.D., M.Sc., Ph.D.
Senior Vice President of Clinical Development
No Bio Available

Contacts

Address
MINNESOTA
Minneapolis
16305 36th Ave N Ste 100
Contacts
+17633920767.0
celcuity.com
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