The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Celcuity announced on July 14, 2026, that it had received FDA approval for its breast cancer treatment Revtorpyk (gedatolisib), adding that it “anticipates commercial launch in late Q3 2026,” a delayed timeframe compared to analyst expectations. Based on this news, shares of Celcuity fell by 17.6% on the next day.
PRESS RELEASE
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Celcuity announced on July 14, 2026, that it had received FDA approval for its breast cancer treatment Revtorpyk (gedatolisib), adding that it “anticipates commercial launch in late Q3 2026,” a delayed timeframe compared to analyst expectations. Based on this news, shares of Celcuity fell by 17.6% on the next day.
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