DALLAS, Nov. 18, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Cell Therapeutics Inc. (Nasdaq:CTIC). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Cell Therapeutics Inc. (CTIC) engages in the development, acquisition and commercialization of novel treatments for cancer. It focuses on building a biopharmaceutical company with a diversified portfolio of oncology drugs. Its research, development, acquisition and in-licensing activities concentrate on identifying and developing less toxic ways to treat cancer. The Company is focused on developing pixantrone, OPAXIO, brostallicin and bisplantinates. Pixantrone is an anthracycline derivative, for the treatment of non-Hodgkin's lymphoma (NHL), and various other hematologic malignancies, solid tumors and immunological disorders. The Company is developing OPAXIO (paclitaxel poliglumex), a maintenance therapy for women with advanced stage ovarian cancer. Brostallicin is a synthetic Deoxyribonucleic Acid (DNA) minor groove binding agent that has demonstrated anti-tumor activity. In March 2009, the Company sold its 50% interest in RIT Oncology.
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In the report, the analyst notes:
"CTIC recently announced that the European Medicines Agency (EMA) - Europe's equivalent of the U.S. Food and Drug Administration - has approved its Pixuvri (pixantrone dimaleate) Pediatric Investigation Plan for the treatment of lymphoid malignancies and solid tumors in children between six months and 18 years."
"CTIC said it also has submitted a Marketing Authorization Application (MAA) for Pixuvri approval in Europe for treatment of adult patients with multiply relapsed or refractory, aggressive non-Hodgkin's lymphoma."
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