
FMC Co. (FMC) To Go Ex-Dividend on December 31st
President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.It was no different for Jimmy Carter in the early 1970s. It took meeting several presidential candidates and then encouragement from an esteemed elder statesman before the young governor, who had never met a president himself, saw himself as something bigger. He announced his White House bid on December 12 1974, amid fallout from the Vietnam War and the resignation of Richard Nixon. Then he leveraged his unknown, and politically untainted, status to become the 39th president. That whirlwind path has been a model, explicit and otherwise, for would-be contenders ever since. “Jimmy Carter’s example absolutely created a 50-year window of people saying, ‘Why not me?’” said Steve Schale, who worked on President Barack Obama’s campaigns and is a long-time supporter of President Joe Biden. Mr Carter’s journey to high office began in Plains, Georgia where he received end-of-life care decades after serving as president. David Axelrod, who helped to engineer Mr Obama’s four-year ascent from state senator to the Oval Office, said Mr Carter’s model is about more than how his grassroots strategy turned the Iowa caucuses and New Hampshire primary into his springboard. “There was a moral stain on the country, and this was a guy of deep faith,” Mr Axelrod said. “He seemed like a fresh start, and I think he understood that he could offer something different that might be able to meet the moment.” Donna Brazile, who managed Democrat Al Gore’s 2000 presidential campaign, got her start on Mr Carter’s two national campaigns. “In 1976, it was just Jimmy Carter’s time,” she said. Of course, the seeds of his presidential run sprouted even before Mr Nixon won a second term and certainly before his resignation in August 1974. In Mr Carter’s telling, he did not run for governor in 1966, he lost, or in 1970 thinking about Washington. Even when he announced his presidential bid, neither he nor those closest to him were completely confident. “President of what?” his mother, Lillian, replied when he told her his plans. But soon after he became governor in 1971, Mr Carter’s team envisioned him as a national player. They were encouraged in part by the May 31 Time magazine cover depicting Mr Carter alongside the headline “Dixie Whistles a Different Tune”. Inside, a flattering profile framed Mr Carter as a model “New South” governor. In October 1971, Carter ally Dr Peter Bourne, an Atlanta physician who would become US drug tsar, sent his politician friend an unsolicited memo outlining how he could be elected president. On October 17, a wider circle of advisers sat with Mr Carter at the Governor’s Mansion to discuss it. Mr Carter, then 47, wore blue jeans and a T-shirt, according to biographer Jonathan Alter. The team, including Mr Carter’s wife Rosalynn, who died aged 96 in November 2023, began considering the idea seriously. “We never used the word ‘president’,” Mr Carter recalled upon his 90th birthday, “but just referred to national office”. Mr Carter invited high-profile Democrats and Washington players who were running or considering running in 1972, to one-on-one meetings at the mansion. He jumped at the chance to lead the Democratic National Committee’s national campaign that year. The position allowed him to travel the country helping candidates up and down the ballot. Along the way, he was among the Southern governors who angled to be George McGovern’s running mate. Mr Alter said Mr Carter was never seriously considered. Still, Mr Carter got to know, among others, former vice president Hubert Humphrey and senators Henry Jackson of Washington, Eugene McCarthy of Maine and Mr McGovern of South Dakota, the eventual nominee who lost a landslide to Mr Nixon. Mr Carter later explained he had previously defined the nation’s highest office by its occupants immortalised by monuments. “For the first time,” Mr Carter told The New York Times, “I started comparing my own experiences and knowledge of government with the candidates, not against ‘the presidency’ and not against Thomas Jefferson and George Washington. It made it a whole lot easier”. Adviser Hamilton Jordan crafted a detailed campaign plan calling for matching Mr Carter’s outsider, good-government credentials to voters’ general disillusionment, even before Watergate. But the team still spoke and wrote in code, as if the “higher office” were not obvious. It was reported during his campaign that Mr Carter told family members around Christmas 1972 that he would run in 1976. Mr Carter later wrote in a memoir that a visit from former secretary of state Dean Rusk in early 1973 affirmed his leanings. During another private confab in Atlanta, Mr Rusk told Mr Carter plainly: “Governor, I think you should run for president in 1976.” That, Mr Carter wrote, “removed our remaining doubts.” Mr Schale said the process is not always so involved. “These are intensely competitive people already,” he said of governors, senators and others in high office. “If you’re wired in that capacity, it’s hard to step away from it.” “Jimmy Carter showed us that you can go from a no-name to president in the span of 18 or 24 months,” said Jared Leopold, a top aide in Washington governor Jay Inslee’s unsuccessful bid for Democrats’ 2020 nomination. “For people deciding whether to get in, it’s a real inspiration,” Mr Leopold continued, “and that’s a real success of American democracy”.
Egypt’s 2024 real estate trends: Focus on tourism, north coast developments, and experiential retailGame shows are no stranger to spin-offs and Jeopardy! 's latest one is no exception. Fans of the beloved trivia game show will only be able to watch the new spin-off Pop Culture Jeopardy! on Prime Video. This will be the first time in history that the series will air on a major streaming platform exclusively. On July 31, Prime Video and Sony Pictures Television announced via a press release that Colin Jost , a longtime Saturday Night Live cast member, would be the host of the show. Prime Video also released the first official trailer for the spin-off on Wednesday, November 20, giving fans a first look at their new host and the types of questions contestants will be asked. The trailer showcased the different categories fans can expect, with examples like "Famous Because The Internet," "Sad Girl Summer," and "TV By Episode Titles." Fans of the game show took to the comments section of the trailer to share their two cents about the upcoming series. One fan wrote, "Haven't watched Jeopardy since Alex died, but since this is Pop CUlture Jeopardy, which I will absolutley rock, I will watch," while a second fan agreed and wrote, "I'm very much looking forward to this." A third fan seemed to disagree, saying, "This looks awful. Nobody wants to see brainrot Jeopardy." According to the game show's website, the upcoming spin-off is "a brand-new twist on the classic quiz show's 'answer-and-question' format that combines the academic rigor of Jeopardy! with the excitement and unpredictability of pop culture." The website also explained that contestants will put in teams of three and compete in a "tournament-style event for the grand prize and ultimate bragging rights." It also specified that participants will need to be "experts in categories from Alternative Rock to The Avengers; Broadway to MMA; Gen Z to Zendaya." Fans can watch the premiere of Pop Culture Jeopardy! on Prime Video on December 4.
While there was high drama in Alexandra Palace on the first day back after the Christmas break, where Damon Heta threw a nine-dart finish, Humphries enjoyed a serene evening. He beat Nick Kenny 4-0 to set up a mouth-watering fourth-round meeting with two-time champion Peter Wright. THE WORLD NUMBER ONE KICKS ON! Luke Humphries comfortably books his spot in the Last 16 with a 4-0 whitewash victory over Nick Kenny, averaging 98.59! 📺 https://t.co/pIQvhqYxEj #WCDarts pic.twitter.com/XAADalXD4Q — PDC Darts (@OfficialPDC) December 27, 2024 Kenny was unable to produce the form that saw him beat Raymond van Barneveld in the previous round and Humphries did not need to be anywhere near his best. “It was one of those games I didn’t want to take for granted,” he said. “I expected a tough game and I wasn’t firing, I felt there is so much more to give, I felt there was more to come out of me. “I didn’t want to give anyone an inch because they can take a mile. “I’m not going to give up this world title without a fight, I wasn’t at my best but when someone pushes me I know I can come up with the goods.” Earlier in the day Heta set the tournament alight on its resumption with a stunning nine-dart finish before bowing out. The Australian, seeded ninth, achieved darting perfection in the second set of his match with Luke Woodhouse to earn a cool £60,000 payday. However, his joy was short-lived as Woodhouse won a thrilling battle 4-3, having trailed 3-1. HEROIC HETA HITS THE NINE! 🔥 UNBELIEVABLE SCENES! 🤯 Damon Heta lands the second nine-darter of the tournament to raise the roof at Alexandra Palace! #WCDarts pic.twitter.com/DW6rhvFqez — PDC Darts (@OfficialPDC) December 27, 2024 Heta was millimetres away from throwing a nine-darter in the previous round when he missed the double 12, but he made no mistake this time in the first match after the Christmas break. Heta’s feat was the second time a nine-darter has been thrown in the 2025 tournament and the 16th of all time at the World Championship, following Christian Kist’s effort before Christmas. As well as landing the Australian a hefty payday, it also saw a lucky fan in Ally Pally win a £60,000, with £60,000 also being donated to Prostate Cancer UK. There were several other titanic battles, none better than Gerwyn Price’s sudden-death leg victory over Joe Cullen. Price looked like he was going to have an easy night when he coasted into a 3-0 lead, but Cullen hit back to send it to a decider, which went all the way. Cullen landed a ‘Big Fish’ 170 checkout to send the tie to a sudden-death leg on his throw but Price hit some big numbers to steal victory. “That was tough, I just wanted to get over the winning line,” he said during his on-stage interview. PRICE WINS A THRILLER! That might just be the game of the tournament so far! 💥 Gerwyn Price manages to break the Rockstars throw in the final leg of the game, and beats Joe Cullen 4-3 and books his place in the Last 16! 📺 https://t.co/pIQvhqYxEj #WCDarts pic.twitter.com/VnjnJxP0T0 — PDC Darts (@OfficialPDC) December 27, 2024 “He kept coming back, the crowd were way behind him. “I thought I was going to lose, but I kept in there right to the end and got the win. “He played some good darts at the right times. I put myself in that position, I got myself out of it and I’m still in.” Seventh seed Jonny Clayton also battled to victory after squandering a 3-0 lead against Daryl Gurney. Gurney then had six darts to send the decider to a tiebreaker but lost his nerve and Clayton stole a 4-3 win. Stephen Bunting and Peter Wright, who was suffering from a chest infection, enjoyed much more safe passages with routine wins over Madars Razma and Jermaine Wattimena respectively.HASHING IT OUT!: Jornaya’s Data Tech Victory Over CIPA ClaimsDr Manmohan Singh was a distinguished leader, an eminent economist: PM's Principal Secy PK Mishra
FitLife Brands: Q3 Results Weren't As Bad As They Seem - Still A BuyA new phishing scam targets Facebook business users with fake emails from Meta, claiming prohibited content on pages. Know how to keep your page safe. There are several startup businesses, small businesses and pages which rely on Facebook for marketing and promotion. If your business relies on Facebook for promotion, then know Kaspersky experts have uncovered a new phishing scam targeting businesses that use Meta for Business, Facebook’s platform for managing business pages. Scammers are sending emails pretending to be from Facebook’s Meta for Business team. The email claims that your business page contains prohibited content, and as a result, your account and page have been blocked. To resolve the issue, the email urges you to provide explanations or take action via a provided link. What the attackers really want is access to your business account. By tricking you into interacting with a fraudulent page, they hope to steal your login credentials and potentially gain control of your account. Why This Scam Is Different According to Kaspersky’s anonymized data, these phishing emails began circulating on December 14. Complaints have been reported globally, including in the Asia-Pacific region. A closer look at the “From” field in the email reveals that the domain doesn’t belong to Facebook. Scammers are using various unrelated domains to send these messages. Plus, the email link takes you to Facebook Messenger, where a fake account poses as Facebook’s support team. The setup looks convincing, which adds to the scam’s credibility. This phishing campaign stands out because, unlike earlier scams that accused users of copyright violations via email, this one mimics internal communication on Facebook’s platform itself. By using Facebook Messenger, the attackers create a false sense of trust. It’s easy for stressed users to miss subtle warnings, such as the account being labelled as a fan page instead of an official support account. “If you receive such an email, verify its authenticity before taking any action. Avoid clicking on suspicious links, and report the incident to Facebook’s support team immediately. Activating two-factor authentication and updating compromised passwords are critical steps to protect your account,” Andrey Kovtun, Email Threats Protection Group Manager at Kaspersky recommends. How to Protect Your Business Account To make sure you are never a victim of a phishing scam like the one above, here are some recommendations: Click for more latest Tech news . Also get top headlines and latest news from India and around the world at News9. Divya is a Senior Sub-Editor with about 3 years of experience in journalism and content writing. Before joining News9live, she had contributed to Times Now and Hindustan Times, where she focused on tech reporting and reviewing gadgets. When she's not working, you can find her indulging in Netflix, expressing her creativity through painting, and dancing.
‘We got emotional and cried together’: 50 healthcare staff share stories in new bookNone
The Minister of Interior, Olubunmi Tunji-Ojo, says the installation of e-gates at five of the nation’s international airports has enhanced the nation’s security architecture. Speaking specifically, Tunji-Ojo said ten wanted persons were arrested in a matter of days due to the improved technology. The Minister said the gates are integrated to data and watchlist provided by the International Criminal Police Organisation and those of security agencies in Nigeria. According to him, the e-gates meet international standards which allow criminal activities to be detected and prevented from happening. He disclosed that the technology can detect fake passports with its advanced passenger information system, adding that the Nigeria Immigration Service (NIS) now profile passengers before they come into the country through the nation’s airports. “Automatically, it (e-gates) flags that but I don’t want to discuss too much on that for security reasons but trust me, it is already integrated to watchlists, to Interpol. “I tell you something, in (a) few days, about 10 people were apprehended who were persons of interest. Nigeria is a no-go area for persons of interest.” “It’s about being able to pre-empt, being able to know and deduce crime beforehand. That’s what you see in the United States, in the UK, and all over the world. “They tell you some people are planning terrorism and they have been arrested. You don’t just allow it to happen before you start looking for them. You don’t want people to come into Nigeria, commit atrocities, then you now arrest them after people have lost their lives, after properties have been lost,” he said on Channels Television’s Politics Today programme on Thursday. The Minister added that the e-gates technology has removed human interference and interface in immigration operations at the airports.President Ferdinand ''Bongbong'' Marcos Jr. said Monday that he vetoed more P194 billion worth of line items that are not consistent with his administration's priorities. Aside from that, some special provisions were also subjected to conditional implementation, meaning they would either require the issuance of guidelines and/or impose compliance with pertinent laws, policies, rules, and regulations. Veto is defined as the "power or right vested in one branch of a government to cancel or postpone the decisions, enactments, etc., of another branch, especially the right of a president, governor, or other chief executive to reject bills passed by the legislature." Under the 1987 Constitution, every bill passed by Congress is subject to the President's approval or veto. EXPLAINER: How the President's veto works on the national budget Here is the list of line items that the President had vetoed as he signed the P6.326 trillion budget for fiscal year 2025: According to DPWH Secretary Manny Bonoan, the projects that had been vetoed are actually some of the projects that are not totally supportive of the administration's 8-Point Socioeconomic Agenda. Many of these projects need to be scrutinized and are not yet ready for implementation, Bonoan said. Meanwhile, the following are subject to conditional implementation: National Economic and Development Authority Secretary Arsenio Balisacan said the 2025 General Appropriations Act supports the goals outlined in the Philippine Development Plan 2023-2028, including attaining the medium-term growth targets as approved by the Development Budget Coordination Committee. ''The budget prioritizes strategic investments and social services with substantial allocations to education, health and social welfare programs and infrastructure projects to boost growth and inclusion,'' Balisacan said in a press briefing. ''These investments are crucial for achieving the PDP’s targets related to human capital development and poverty reduction,'' he added. —AOL, GMA Integrated NewsBRP Inc. Announces Quarterly Dividend of $0.15 (NASDAQ:DOOO)
New Delhi: Principal Secretary to Prime Minister PK Mishra described late PM Manmohan Singh as a "distinguished leader, eminent economist and a great human being" in his condolence message. Mishra was a student of Dr Singh at the Delhi School of Economics and later served as a bureaucrat during his prime ministership. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for In a message, Mishra said, "We have lost a very distinguished leader, an eminent economist and a great human being, with the passing away of Dr Manmohan Singh. My memories of Dr Manmohan Singh date back to the time when he was teaching at the Delhi School of Economics. I was in my MA first year those days. Seeing him among the stalwart professors in that era was reassuring for a student like me, having come from Sambalpur district in Western Odisha." He recalled that highly reputed professors like Amartya Sen, Mrinal Datta Chaudhuri, AM Khusro, KN Raj, Sukhamoy Chakraborty, Dharma Kumar and others were also faculty members at DSE then. "Dr Manmohan Singh had a remarkable ability to explain complex topics in international trade in a way every student could understand, making learning easier for students. He was extremely unassuming and kept a low profile," Mishra said. He stated that his interaction with Dr Singh continued after he joined the IAS. "Later I had the privilege of interacting with him when working as secretary to the National Disaster Management Authority and secretary to Government of India in the agriculture ministry during his tenure as the prime minister. Whenever I met him, I found the same simplicity, sincerity and humility in his demeanour. My heartfelt condolences and thoughts are with his family and friends during these difficult times," Mishra said. (You can now subscribe to our Economic Times WhatsApp channel )ORCHARD PARK — Taylor Rapp had some extra energy as he ripped off his red No. 9 practice jersey after practice Thursday. The non-contact jersey he was wearing the last few weeks was a necessity as he nursed an ailing neck and shoulder injury. Rapp declined to discuss the exact nature of his injury, but it was enough to keep him out of the last two games. When Rapp dressed for practice Friday, he didn’t put the red jersey back on, instead returning to the defensive white uniform. Officially listed as questionable, Rapp’s return would provide a boost to the Buffalo Bills secondary — as should the return of cornerback Rasul Douglas — as the safety has emerged as the conductor on the back end. To decipher Rapp’s value, look no further than the games the Bills have allowed the most passing yards. Rapp was playing injured or out in four of the five games Buffalo allowed more than 250 yards through the air, including the last three games. It’s a flip from where Rapp was a year ago, serving as the team’s third safety on third downs after signing with the team on a prove-it, one-year $1.77 million contract. “From a safety perspective, across the league, this is definitely one of the harder systems and schemes,” Rapp told GNN Sports. “Just being able to get that first year under my belt to learn from guys like Micah (Hyde) and (Jordan Poyer), some of the best to ever do it in this system. Just having that first year under my belt to get comfortable and keep it moving.” Is simply winning a game no longer enough for #Bills fans? How much goodwill can the #Sabres get back after a 13-game losing streak? And just how much coal did @billhoppe.bsky.social get in his stocking? fireside.fm/episode/sMvb... Last week’s 253 passing yards allowed to rookie quarterback Drake Maye and the New England Patriots marked the first time the Bills have allowed 250 yards in three consecutive games since 2020. They have never had four such games in Sean McDermott’s eight seasons as head coach. Now the Bills get the New York Jets and quarterback Aaron Rodgers, who despite dropping 10 of their 12 games, has thrown for over 250 yards in three consecutive games, the first time he’s done so since December 2021. . Having Rapp in the lineup gives the Bills a playmaker who has two interceptions, two tackles for a loss and a forced fumble. Typically the Bills are among the best in the league in limiting opposing playmakers. The brand of defense Buffalo plays is designed to limit long passing plays and the Bills have allowed just eight passes over 30 yards, second in the NFL to the Green Bay Packers. But the Bills have given up three passing plays over 50 yards after allowing one in the previous two seasons combined and two over 60 for just the second time (2021) under McDermott. But the Bills view it as a communication issue rather than a decline in talent. All five Week 1 starters in the secondary have missed at least one game due to injury, with cornerback Christian Benford being the only player not to miss more than one. The Bills played without three starters in back-to-back weeks, while slot cornerback Taron Johnson missed parts of last week's game while being assessed for a concussion and safety Damar Hamlin (rib) is questionable to miss a third consecutive game after wearing a red non-contact jersey all week. “Just hone in on the details,” Rapp said. “It always starts with the details. ... Honing in on the game plan, knowing what you’re supposed to do and knowing your job.” The 41-year-old Rodgers is tasked with facing the Bills defense with his blindside protected by New York’s third-string left tackle. It may seem like a game for the Buffalo pass rush to feast, but the Jets will surely have a plan. Rodgers already has the fourth-quickest release in the NFL this season, getting the ball out in 2.64 seconds on average. Buffalo held him to 2.71 seconds in the 23-20 Week 6 win, but the Jets have added receiver Davante Adams since then. The Bills have struggled with quarterbacks with quick release this season. Opposing quarterbacks are unloading in 2.68 seconds this season, faster than the league average of 2.8. Nearly half of passing attempts against the Bills have left the quarterback’s hand in 2.5 seconds or faster and they are completing 76.7% on those throws.The Bills are allowing 7 yards per attempt on those throws, up from 6.3 on throws over 2.5 seconds. Buffalo hasn’t been able to get to the quarterback on quick-release throws, with seven of its 34 sacks coming on attempts longer than 2.5 seconds. Often the only hope on those plays is to knock passes down, but the Bills don’t have any batted balls on quick throws this season. “We’re expecting a lot of quick throws, a lot of timing things to get him in rhythm and try to get us to second-guess ourselves,” Bills defensive end A.J. Epenesa said. “But if we can keep a one-track mind and keep getting after him, I think we can get to him.” Keeping running back Breece Hall in check should help the Bills put Rodgers in more positions to hold the ball a little longer. But an offense that ranks 31st in the NFL with 88.7 yards rushing per game put up 121 on the Bills in the first matchup. And even if the Bills can make the Jets pass reliant, they must do a better job closing out games defensively. Buffalo has one fourth-quarter sack since Week 10 — it came last week on a bad snap — and they have not had an interception in the final frame since picking off Patrick Mahomes to seal a Week 11 win. Opposing quarterbacks have gone 31 of 38 for 357 yards and four touchdowns the past three games. Not only does the defense know it’s going to be a passing play when playing from behind late in the game, but the offense knows the defense is rushing four and dropping seven in coverage to prevent big plays. “It’s not like we’re hiding what we’re doing,” Epenesa said. “They do certain things to help protect, whether it’s chipping, mixing up protection plans, bringing people in and out from different formations to block. It’s just us trying to get on our stuff and get after it.” The Bills have no chance at the No.1 seed in the AFC after the Kansas City Chiefs defeated the Houston Texans on Wednesday. They are now focused on the No. 2 and just need a win over the Jets to clinch it for the third consecutive season. If the Bills don’t beat the Jets, it likely puts them in a position to have to play the Patriots without resting starters in the regular season finale. It would also squander an attempt to go 6-0 in the AFC East for the first time since 2020 and finish with an unbeaten home slate for the first time since 1990. “That's a precedent that (McDermott) sets early on from everybody that gets here of defending our dirt and making sure that that's one of the best ways to help yourselves get in the playoffs, is being a good team at your home field,” Bills quarterback Josh Allen said. S Damar Hamlin (rib), DB Cam Lewis (shoulder), S Taylor Rapp (neck/shoulder) and WR Curtis Samuel (rib) are questionable to play Sunday.
CRANFORD, N.J. , Dec. 27, 2024 /PRNewswire/ -- Citius Oncology, Inc. ("Citius Oncology" or the "Company") (Nasdaq: CTOR), a specialty biopharmaceutical company focused on the development and commercialization of novel targeted oncology therapies, today reported business and financial results for the fiscal full year ended September 30, 2024 . Fiscal Full Year 2024 Business Highlights and Subsequent Developments Financial Highlights "Reflecting on 2024, Citius Oncology has achieved pivotal milestones that underscore our commitment to advancing cancer therapeutics," stated Leonard Mazur , Chairman and CEO of Citius Oncology. "The FDA's approval of LYMPHIR for the treatment of cutaneous T-cell lymphoma marks a significant advancement in providing new options for patients battling this challenging disease. It is the only targeted systemic therapy approved for CTCL patients since 2018 and the only therapy with a mechanism of action that targets the IL-2 receptor. Additionally, the successful merger forming Citius Oncology, now trading on Nasdaq under the ticker CTOR, strengthens our position in the oncology sector. We expect it to facilitate greater access to capital to fund LYMPHIR's launch and the Company's future growth. With a Phase I investigator-initiated clinical trial combining LYMPHIR with pembrolizumab demonstrating promising preliminary results, indicating potential for enhanced treatment efficacy in recurrent solid tumors, and preliminary results expected from a second investigator trial with CAR-T therapies in 2025, we remain excited about the potential of LYMPHIR as a combination immunotherapy." "These accomplishments reflect the dedication of our team and the trust of our investors. As we look ahead, we remain steadfast in our mission to develop innovative therapies that improve the lives of cancer patients worldwide," added Mazur. FULL YEAR 2024 FINANCIAL RESULTS: Research and Development (R&D) Expenses R&D expenses were $4.9 million for the full year ended September 30, 2024 , compared to $4.2 million for the full year ended September 30, 2023 . The increase reflects development activities completed for the resubmission of the Biologics License Application of LYMPHIR in January 2024 , which were associated with the complete response letter remediation. General and Administrative (G&A) Expenses G&A expenses were $8.1 million for the full year ended September 30, 2024 , compared to $5.9 million for the full year ended September 30, 2023 . The increase was primarily due to costs associated with pre-commercial and commercial launch activities of LYMPHIR including market research, marketing, distribution and drug product reimbursement from health plans and payers. Stock-based Compensation Expense For the full year ended September 30, 2024 , stock-based compensation expense was $7.5 million as compared to $2.0 million for the prior year. The primary reason for the $5.5 million increase was due to the amounts being realized over 12 months in the year ended September 30, 2024 , as compared to three months post-plan adoption in the year ended September 30, 2023 . Net loss Net loss was $21.1 million , or ($0.31) per share for the year ended September 30, 2024 , compared to a net loss of $12.7 million , or ($0.19) per share for the year ended September 30, 2023 . The $8.5 million increase in net loss was primarily due to the increase in our operating expenses. About Citius Oncology, Inc. Citius Oncology specialty is a biopharmaceutical company focused on developing and commercializing novel targeted oncology therapies. In August 2024 , its primary asset, LYMPHIR, was approved by the FDA for the treatment of adults with relapsed or refractory CTCL who had had at least one prior systemic therapy. Management estimates the initial market for LYMPHIR currently exceeds $400 million , is growing, and is underserved by existing therapies. Robust intellectual property protections that span orphan drug designation, complex technology, trade secrets and pending patents for immuno-oncology use as a combination therapy with checkpoint inhibitors would further support Citius Oncology's competitive positioning. Citius Oncology is a publicly traded subsidiary of Citius Pharmaceuticals. For more information, please visit www.citiusonc.com Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are made based on our expectations and beliefs concerning future events impacting Citius Oncology. You can identify these statements by the fact that they use words such as "will," "anticipate," "estimate," "expect," "plan," "should," and "may" and other words and terms of similar meaning or use of future dates. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated, and, unless noted otherwise, that apply to Citius Oncology are: our ability to raise additional money to fund our operations for at least the next 12 months as a going concern; our ability to commercialize LYMPHIR and any of our other product candidates that may be approved by the FDA; the estimated markets for our product candidates and the acceptance thereof by any market; the ability of our product candidates to impact the quality of life of our target patient populations; our dependence on third-party suppliers; our ability to procure cGMP commercial-scale supply; risks related to research using our assets but conducted by third parties; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; market and other conditions; risks related to our growth strategy; patent and intellectual property matters; our ability to identify, acquire, close and integrate product candidates and companies successfully and on a timely basis; government regulation; competition; as well as other risks described in our Securities and Exchange Commission ("SEC") filings. These risks have been and may be further impacted by any future public health risks. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding our business are described in detail in our SEC filings which are available on the SEC's website at www.sec.gov , including in Citius Oncology's Annual Report on Form 10-K for the year ended September 30, 2024 , filed with the SEC on December 27, 2024 , as updated by our subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. Investor Contact: Ilanit Allen ir@citiuspharma.com 908-967-6677 x113 Media Contact: STiR-communications Greg Salsburg Greg@STiR-communications.com -- Financial Tables Follow – CITIUS ONCOLOGY, INC. CONSOLIDATED BALANCE SHEETS SEPTEMBER 30, 2024 AND 2023 2024 2023 Current Assets: Cash and cash equivalents $ 112 $ — Inventory 8,268,766 — Prepaid expenses 2,700,000 7,734,895 Total Current Assets 10,968,878 7,734,895 Other Assets: In-process research and development 73,400,000 40,000,000 Total Other Assets 73,400,000 40,000,000 Total Assets $ 84,368,878 $ 47,734,895 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 3,711,622 $ 1,289,045 License payable 28,400,000 — Accrued expenses — 259,071 Due to related party 588,806 19,499,119 Total Current Liabilities 32,700,429 21,047,235 Deferred tax liability 1,728,000 1,152,000 Note payable to related party 3,800,111 — Total Liabilities 38,228,540 22,199,235 Stockholders' Equity: Preferred stock - $0.0001 par value; 10,000,000 shares authorized: no shares issued and outstanding — — Common stock - $0.0001 par value; 100,000,000; 71,552,402 and 67,500,000 shares issued and outstanding at September 30, 2024 and 2023, respectively 7,155 6,750 Additional paid-in capital 85,411,771 43,658,750 Accumulated deficit (39,278,587) (18,129,840) Total Stockholders' Equity 46,140,339 25,535,660 Total Liabilities and Stockholders' Equity $ 84,368,878 $ 47,734,895 CITIUS ONCOLOGY, INC. CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023 2024 2023 Revenues $ — $ — Operating Expenses: Research and development 4,925,001 4,240,451 General and administrative 8,148,929 5,915,290 Stock-based compensation – general and administrative 7,498,817 1,965,500 Total Operating Expenses 20,572,747 12,121,241 Loss before Income Taxes (20,572,747) (12,121,241) Income tax expense 576,000 576,000 Net Loss $ (21,148,747) $ (12,697,241) Net Loss Per Share – Basic and Diluted $ (0.31) $ (0.19) Weighted Average Common Shares Outstanding – Basic and Diluted 68,053,607 67,500,000 CITIUS ONCOLOGY, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023 2024 2023 Cash Flows From Operating Activities: Net loss $ (21,148,747) $ (12,697,241) Adjustments to reconcile net loss to net cash provided by operating activities: Stock-based compensation expense 7,498,817 1,965,500 Deferred income tax expense 576,000 576,000 Changes in operating assets and liabilities: Inventory (2,133,871) - Prepaid expenses (1,100,000) (5,044,713) Accounts payable 2,422,577 1,196,734 Accrued expenses (259,071) (801,754) Due to related party 14,270,648 14,805,474 Net Cash Provided By Operating Activities 126,353 - Cash Flows From Investing Activities: License payment (5,000,000) - Net Cash Used In Investing Activities (5,000,000) - Cash Flows From Financing Activities: Cash contributed by parent 3,827,944 - Merger, net (2,754,296) - Proceeds from issuance of note payable to related party 3,800,111 - Net Cash Provided By Financing Activities 4,873,759 - Net Change in Cash and Cash Equivalents 112 - Cash and Cash Equivalents – Beginning of Year - - Cash and Cash Equivalents – End of Year $ 112 $ - Supplemental Disclosures of Cash Flow Information and Non-cash Activities: IPR&D Milestones included in License Payable $ 28,400,000 $Jimmy Carter, the 39th US president, has died at 100
Antigovernment protests in Georgia have continued for over two weeks now, with no end in sight. On November 28, Prime Minister Irakli Kobakhidze announced he was putting on hold accession negotiations with the European Union for four years, sparking public outrage. Flying the star-studded EU flag, protesters have been pushing against the governing Georgian Dream’s (GD) party, defying water cannon, tear gas and police brutality. The rallies have drawn support from Georgia’s President Salome Zourabichvili and prompted countries like Lithuania to call for EU sanctions against Kobakhidze, GD’s founder Bidzina Ivanishvili and other top figures in Tbilisi. While the demonstrations show no sign of subsiding, it seems unlikely the GD would reverse course. On the contrary, the government has doubled down, with more than 400 people arrested and reports of beatings and harassment piling up. Georgia’s decision to shun the EU is consequential not only for the country’s accession prospects, but also for the eastward enlargement process of the union as a whole. The Georgian government has come to the conclusion that the status quo suits it. Georgia already has privileged economic access to the EU, including visa-free travel. Trying harder to actually join the Union could cost it dearly. For one, conducting the reforms required by the EU would make it more difficult – though not impossible – to manipulate elections and pass repressive legislation, such as the foreign agents law inspired by Russian legislation. Accelerating accession talks could also trigger punishment by Russia which has multiple levers in Georgia and surely keeps tabs on billionaire Ivanishvili who made his fortunes in Moscow. That is why GD has been hedging between the EU and Russia. Now, faced with harsh criticism by the European Parliament, Tbilisi has given Brussels the cold shoulder and has insisted that it will restart accession talks “but only with dignity and justice and without blackmail”, as Kobakhidze put it on December 4. Of course, there is the danger the EU could strike back with economic sanctions. Yet Ivanishvili, Kobakhidze and the rest are probably counting on their allies, such as Hungary’s Viktor Orban, to block such moves. And who knows? Incoming US President Donald Trump could become a partner for Tbilisi, too, scrapping the current administration’s policy on democracy and human rights. The problem is that Georgia could well set a precedent for other candidate countries. The semi-detached status it has now established – where it enjoys certain privileges without making the painful reforms the EU requires – is what others desire, as well. The EU’s focus on the rule of law does not sit well with elites in a number of candidate countries. Just like GD, there are other political actors that prefer to pay lip service to European integration while entrenching themselves in power and engaging in state capture. Serbia is one example. The Serbian government is negotiating EU membership but not rushing to meet the EU’s demands, notably on sanctioning Russia or resolving the dispute with Kosovo. Its governance model also falls well short of fulfilling the democratic requirements of the EU. North Macedonia is likewise stuck, refusing to honour a commitment to the EU on amending its constitution and thus granting a concession to neighbouring Bulgaria. Moldova could also slow down its accession bid, if the pro-EU forces lose next year’s parliamentary elections. But Georgia’s precedent is not the only factor that could undermine EU enlargement to the east. The process was already burdened by major obstacles even before the Georgian government made its decision to freeze talks. One of the main hurdles has been geopolitics. Russia’s full-scale invasion of Ukraine gave enlargement a tremendous boost, with EU member states agreeing to open accession talks with Kyiv and Chisinau. In the Western Balkans, Bosnia jumped on the bandwagon, too. However, so long as there is no lasting settlement in Ukraine, the issue of EU membership remains secondary. The conversation about NATO and security guarantees is much more urgent, for obvious reasons. In Moldova, Russia has ample opportunities to play a spoiler in domestic politics using money and disinformation and playing on fears that the war could spill over. Next year’s general elections may actually see Moscow-friendly forces coming on top and thwarting the pro-EU agenda. Another obstacle is the EU itself. The tenor of the current conversation within the 27-strong bloc is that it needs to reform its institutions before it opens the door again. But revisiting issues, such as how many commissioners there should be or whether EU Council could take decisions on foreign affairs by qualified majority rather than unanimously, could open a can of worms. It is questionable whether the Union and its constituent parts have the bandwidth to deal with internal overhaul, on top of all the other headaches they are handling at present. But absent reform, enlargement is held hostage by individual EU members who can veto and block collective decisions. Competition by Ukrainian farmers or concerns about populists at home could well turn even pro-expansion countries like Poland, which will hold the EU Council’s presidency in the first half of 2025, into staunch detractors. If there is anything positive that has come out of recent developments in Georgia, it is that there is clear evidence of the EU’s lasting appeal among ordinary citizens in Eastern Europe. The prospect of Georgia abandoning its EU bid has produced massive social mobilisation that has dwarfed previous protest waves, including the one in the immediate aftermath of the contested election on October 26. In Moldova, there are positive signs, as well. Earlier in November, Moldovans re-elected their pro-EU President Maia Sandu for a new term. In a referendum held in parallel with the first round of the presidential race, they also narrowly approved an amendment inserting the goal of joining the EU in the country’s constitution. Enlargement is, therefore, not dead. It is simply postponed yet again.Dame Prue Leith throws her support behind Gregg Wallace and insists he 'shouldn't be sacked' amid misconduct allegations - admitting she's often warned over her own 'offensive' language Have YOU got a story? Email tips@dailymail.com By GERAINT LLEWELLYN FOR MAILONLINE Published: 20:59 GMT, 6 December 2024 | Updated: 21:24 GMT, 6 December 2024 e-mail 14 View comments Dame Prue Leith seemingly threw her support behind Gregg Wallace and insisted he 'shouldn't be sacked or cancelled' amid ongoing misconduct allegations. The GBBO host, 84, also said she too is often warned over her own 'offensive language' while filming her ITV show Prue Leith's Cotswold Kitchen and claimed more regulations would lead to 'boring telly'. Gregg, 60, stepped down from hosting Masterchef last week while an investigation into his alleged misconduct is carried out. After initially facing accusations of inappropriate behaviour from 13 people, including Newsnight presenter Kirsty Wark , he has since been hit by an onslaught of more claims which include groping, pressing his crotch against a colleague and allegedly flashing another woman in his dressing room. Speaking to Times Radio Prue said: ' I'm a great believer in due process. He should just stay off social media because he's just digging himself deeper and deeper into a hole because he's too insensitive to understand how offensive it is'. 'But that's his problem, that he's insensitive. He hasn't, that I can see, disobeyed the law. I don't believe people should be cancelled or sacked. I can see why you would ask somebody to step aside while they investigate things, which I suppose is what they're doing. But I think the tragedy in this is that I bet you Gregg has no idea what he's done wrong'. Dame Prue Leith, 84, seemingly threw her support behind Gregg Wallace and insisted he shouldn't be sacked or cancelled' amid his ongoing misconduct allegations The GBBO host claimed that more behind the scenes regulations would lead to 'very boring' TV (Gregg Wallace pictured) She said she too is often warned over her own 'offensive language' on her ITV show Prue Leith's Cotswold Kitchen (pictured) When asked if she agreed with fellow broadcaster Kirstie Allsopp, 53, that presenters should receive HR training she said: 'I think it's really dangerous because I think, I mean, I'm thinking off the cuff here, so I'll probably get myself into trouble but if you have things too regulated and too organised and everybody's on a script, it can be very boring'. Asked if she believed the fallout from Gregg's misconduct investigation would result in 'very bland, safe presenters' she said: 'Yes, yes. Because nobody will ever dare say anything. And that's silly too. But I think broadcasters need to know'. 'It is very tricky because I do a little programme on ITV on Saturday morning and it's a cooking programme and every now and again, the production company will say, don't say that because it'll be offensive and I think that it's not offensive'. Before adding: 'And then I suppose that's a Gregg Wallace thing. Maybe I don't realise. I mean, for example, language changes all the time'. It comes after MailOnline revealed that Gregg may be completely erased from the new series of MasterChef so it can be aired. He had already filmed the forthcoming series for amateur chefs last month with his co-presenter John Torode , 59. But is now set to be wiped from the tapes before it is screened next year. Gregg stood down from the show last week after a flurry of allegations of sexually inappropriate comments on set, which has sparked fears that the next series would have to be completely ditched. But a production insider told the Mail Online that the series is ‘salvageable’ as the option to airbrush Wallace entirely out of the episodes is being carefully considered. This would mean that the series - which will have cost production company Banijay a significant sum to make - would not have to be binned. Asked if she believed the fallout from Gregg's misconduct investigation would result in 'very bland, safe presenters' she said: 'Yes, yes. Because nobody will ever dare say anything. And that's silly too. But I think broadcasters need to know'. 'It is very tricky because I do a little programme on ITV on Saturday morning and it's a cooking programme and every now and again, the production company will say, don't say that because it'll be offensive and I think that it's not offensive' Gregg, 60, stepped down from hosting Masterchef last week while an investigation into his alleged misconduct is carried out. Pictured with Paul Hollywood on The Great British Bakeoff The source said that Torode and Wallace’s critiques, where they give feedback on the contestants' food, were filmed separately. Read More Max George reacts to Gregg Wallace's 'very serious' sexual misconduct allegations as he laments BBC pulling plug on MasterChef Christmas special after he was set to appear They said: ‘John and Gregg were always shot with separate cameras. Any two shots, or wide shots containing the pair can be cut. Removing Gregg entirely is a difficult task, but not an impossible one.’ Last Friday, Australian chef Torode was flown overseas to continue filming the show, with Irish chef Anna Haugh stepping in to replace Wallace. Filming on the forthcoming series was completed on Tuesday afternoon and had been due to be broadcast in Spring 2025. It is now unclear when the BBC will air the recently recorded episodes . Sources on set said 'it couldn't have gone better', with one saying: 'Considering the circumstances it has been seamless.' 'We had the popular Anna Haugh, who has appeared on the show before, step in and give the contestants feedback alongside John. 'The production team was committed to keeping the atmosphere on set as calm as possible for our amateur finalists.' Gregg may be completely erased from the new series of MasterChef so it can be aired, MailOnline can reveal Wallace had already filmed the forthcoming series for amateur chefs last month with his co-presenter John Torode , 59 (pictured) It would not be an unprecedented move for a BBC programme to erase its stars from the screen. In 2023 RuPaul’s Drag Race, a reality TV contest for drag queens, one contestant was airbrushed out after they were accused of inappropriate behaviour before the show aired. While TV presenter Jay Blades, who was charged last month with the physical and emotional abuse of his wife , has not appeared in pre-recorded episodes of The Repair Shop which have broadcast since. Torode broke his silence on Wednesday, but declined to defend his television colleague of 19 years, and said he fully supports the probe into the claims of sexual misconduct and inappropriate behaviour and language. He said it had been 'hard' to keep working after hearing of the allegations. On Thursday night, the BBC broadcast the semi-finals of MasterChef: The Professional, featuring Wallace. But it has scrapped the scheduled broadcast of two Christmas specials of the cookery show. Share or comment on this article: Dame Prue Leith throws her support behind Gregg Wallace and insists he 'shouldn't be sacked' amid misconduct allegations - admitting she's often warned over her own 'offensive' language e-mail Add comment