Rochester, NY 7/14/2009 7:42:14 AM
News / Finance

After Market Report - CTIC - Cell Therapeutics Submits New Drug Application to FDA - Sourced WhisperFromWallStreet.com

Cell Therapeutics, Inc.

After Market Report - CTIC - Cell Therapeutics Submits New Drug Application to FDA - Sourced WhisperFromWallStreet.com

Cell Therapeutics, Inc., CTIC

Cell Therapeutics, Inc. (CTI) announced that it has completed the submission of the New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for pixantrone to treat relapsed or refractory, aggressive non-Hodgkin's lymphoma (NHL). Cell Therapeutics, Inc. (CTI) requested priority review, which if granted could lead to an approval decision from the FDA in the fourth quarter of 2009. Pixantrone is currently available in Europe on a named-patient basis.   

ABOUT

Cell Therapeutics, Inc., a biopharmaceutical company, develops, acquires, and commercializes oncology products for cancer treatment. Its development portfolio includes Pixantrone, a phase III trial product, for non-Hodgkin?s lymphoma; Brostallicin, which is in first-line Phase II study for the treatment of sarcoma; and OPAXIO, a chemotherapeutic agent for the potential treatment of non-small cell lung, ovarian, and other cancers. It has collaboration and licensing arrangements with Novartis International Pharmaceutical, Ltd.; and PG-TXL Company, L.P. The company was founded in 1991 and is headquartered in Seattle, Washington.


Last Trade:     1.38                        
Day's Range:    1.35 - 1.41    
52wk Range:    0.05 - 4.50    
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