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Last $0.96 USD
Change Today -0.0099 / -1.02%
Volume 55.1K
DCTH On Other Exchanges
DCTH is not on other exchanges.
As of 8:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

delcath systems inc (DCTH) Snapshot

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52 Week High
04/2/14 - $4.96
52 Week Low
03/30/15 - $0.92
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Current Stock Chart for DELCATH SYSTEMS INC (DCTH)

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delcath systems inc (DCTH) Details

Delcath Systems, Inc. operates as a specialty pharmaceutical and medical device company focusing on cancers of the liver. The company is developing its proprietary product-Melphalan Hydrochloride for injection for use with the Delcath Hepatic Delivery System; and markets melphalan hydrochloride as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan in Europe. Its primary focus is on the execution of its clinical development program in ocular melanoma liver metastases, intrahepatic cholangiocarncinoma, hepatocellular carcinoma, and certain other cancers that are metastatic to the liver. Delcath Systems, Inc. was founded in 1988 and is headquartered in New York, New York.

25 Employees
Last Reported Date: 03/11/15
Founded in 1988

delcath systems inc (DCTH) Top Compensated Officers

Interim Chief Executive Officer, Interim Pres...
Total Annual Compensation: $309.6K
Principal Accounting Officer, Vice President ...
Total Annual Compensation: $199.2K
Executive Vice President of Regulatory Affair...
Total Annual Compensation: $245.6K
Total Annual Compensation: $333.6K
Compensation as of Fiscal Year 2013.

delcath systems inc (DCTH) Key Developments

Delcath Systems, Inc. Announces Auditor Changes

On March 12, 2015, Delcath Systems, Inc. dismissed Ernst & Young LLP as its independent registered public accounting firm. On March 13, 2015, the company engaged Grant Thornton, LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2015. The company's stockholders will be asked to ratify this engagement at the company's 2015 annual meeting of stockholders.

Delcath Systems, Inc. Announces Cessation of Peter J. Graham, Executive Vice President, General Counsel, Chief Compliance Officer and Global Human Resources

Peter J. Graham, Executive Vice President, General Counsel, Chief Compliance Officer and Global Human Resources of Delcath Systems, Inc., ceased to be employed by the Company effective March 9, 2015. The company has determined to eliminate its in-house legal functions to increase flexibility and cost efficiencies and to focus resources on the clinical development programs of the company.

Delcath Systems, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Delcath Systems, Inc. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenue of $0.3 million was comparable to total revenue of $0.3 million in the fourth quarter of 2013.  Net loss was $2.9 million or $0.31 per diluted share, a decrease of approximately 40%, compared with a net loss of $4.8 million or $0.63 per diluted share a year ago. Operating loss was $3.285 million against $5.526 million a year ago. For the year, the company reported total revenue of $1.1 million compared with $0.8 million in 2013, of which $0.3 million related to the recognition of previously deferred revenue.  Operating loss was $19.3 million, compared with $33.0 million in 2013. Net loss was $17.4 million or $1.84 per diluted share, a decrease of $12.9 million, or 43%, compared with a net loss in 2013 of $30.3 million or $4.81 per diluted share. The narrowing of the net loss is primarily due to a $13.3 million decrease in operating expenses in 2014.


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Price/Sales 8.7x
Price/Book 0.5x
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