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Cell Therapeutics Inc. is Today's Focus Stock on MicroStockProfit.com

DALLAS, March 11, 2011 (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.
/ Source: GlobeNewswire

DALLAS, March 11, 2011 (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.

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In the report, the analyst notes:

"Following discussions with the FDA's Division of Hematologic Products (DHP), CTIC announced the final clinical trial design of a randomized pivotal trial of its lead drug candidate pixantrone for the treatment of diffuse large B-cell lymphoma (DLBCL).

"It was reported last week that the Company met with officials of the FDA's Office of New Drugs (OND) in Maryland and presented its arguments supporting the Company's belief that the data contained in its New Drug Application (NDA) 22-481 support the conclusion that pixantrone is effective for its planned use. The Company stated that the OND requested additional analyses from the PIX301 phase III clinical study."

To read the entire report visit:

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