Navigation Links
Cell Therapeutics Decreases Net Loss for Nine Month Period in 2009 Compared to Same Period in 2008 by 45%
Date:11/5/2009

SEATTLE, Nov. 5 /PRNewswire-FirstCall/ -- Cell Therapeutics, Inc. (CTI) (Nasdaq and MTA: CTIC) today reported recent achievements and financial results for the third quarter and nine months ended September 30, 2009, which included a 45% decrease in the net loss attributable to common shareholders for the nine month period in 2009 compared to the same period in 2008. The Company had approximately $55.0 million in cash and cash equivalents as of September 30, 2009.

"While we have started to prepare for the launch of pixantrone in 2010 with the recruitment of key commercial personnel and conducting important market research, we remained focused on tight fiscal controls while continuing to clean-up our balance sheet," said James A. Bianco, M.D., CEO of the Company. "We are pleased with our continued financial progress demonstrating a decrease in net loss of 45% for the nine months in 2009 compared to the same period for 2008," noted Dr. Bianco. "With the recent developments and progress we are making in advancing pixantrone through its New Drug Application (NDA) review process we expect the next 3 to 6 months to be an exciting and transformative period for the Company."

Recent Highlights

  • FDA accepted and filed for review the Company's NDA for pixantrone as treatment for relapsed or refractory aggressive non-Hodgkin's lymphoma (NHL).
  • The Company initiated the process of obtaining marketing approval in Europe in July 2009, for the treatment of relapsed or refractory aggressive NHL.
  • Further reduced debt through the exchange of $4.5 million principal in debt for common stock resulting in a total of $57.4 million principal reduction in debt through exchanges so far in 2009.
  • Added to the NASDAQ OMX Global Biotechnology Index (Nasdaq: QGBI).

For the quarter ended September 30, 2009, total net operating expenses were approximately $27.1 million, compared to $20.5 million for th
'/>"/>

SOURCE Cell Therapeutics, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Prime Therapeutics Receives TIPPS Certification
2. Adams Respiratory Therapeutics to Celebrate 10th Anniversary of its Incorporation on September 12
3. Transition Therapeutics Announces Fiscal 2007 Year End Financial Results
4. Lorus Therapeutics announces election of three new Directors and appoints a new Chairman
5. Deane F. Johnson Center for Neurotherapeutics to Launch First Mobile Medical Unit on October 4th
6. Russell Investment Group Advises Protalix Biotherapeutics of Index Adjustment
7. Adams Respiratory Therapeutics Announces FDA Approval of Grape-Flavored Delsym(R)
8. Prime Therapeutics Announces URAC Accreditation
9. Cell Therapeutics, Inc. (CTI) to Present at BIO Investor Forum
10. Horizon Therapeutics, Inc. Scheduled to Present at Upcoming BioPartnering Europe Meeting
11. Sontra Medical Corporation Changes Name to Echo Therapeutics, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/23/2014)... Townsend Security, a leading authority in ... i security solutions now support two factor authentication. This ... of relying on passwords as their only authentication mechanism. ... Alliance Two Factor Authentication software with the following ... Alliance AES/400 – High performance, NIST validated AES ...
(Date:7/23/2014)... St. Paul, MN (PRWEB) July 23, 2014 ... scheduled with paper, pencil and a spreadsheet. Now, the ... Online Employee Scheduling and Workforce Management system. , “Scheduling ... spreadsheet, was challenging. It was hard to keep track of ... only work from this time to this time, and we ...
(Date:7/23/2014)... five older Americans living with multiple chronic medical conditions, ... School of Public Health finds that the more ailments ... expectancy. The analysis, one of the first to examine ... among the elderly, may help explain why increases in ... report on the findings, based on an analysis of ...
(Date:7/22/2014)... July 22, 2014 Vitamin C is one ... creams mostly marketed to women in the United States. The ... for wrinkles list online for women to review at ... and oils is one way that beauty product manufacturers are ... approach, many companies are using mixtures of Vitamins C, E ...
(Date:7/22/2014)... Mountain View, California (PRWEB) July 23, 2014 ... to wearable devices . From now on, in ... the team offers software solutions for Google Glass as ... and connected devices. , A dynamic lifestyle requires ... official release, Google Glass has found application in healthcare, ...
Breaking Medicine News(10 mins):Health News:Townsend Security Brings Two Factor Authentication to Leading IBM i Security Solutions 2Health News:This Fire Department Allows Personnel to Schedule Themselves - Saving Administration Up To 60 Hours a Month 2Health News:This Fire Department Allows Personnel to Schedule Themselves - Saving Administration Up To 60 Hours a Month 3Health News:Life expectancy gains threatened as more older Americans suffer from multiple conditions 2Health News:Life expectancy gains threatened as more older Americans suffer from multiple conditions 3Health News:Best Vitamin C Serum for Wrinkles List Complied for Women at Consumer News Portal Online 2Health News:Provectus Announces Development for Google Glass and Wearables 2
... of Camembert cheese with the microorganism E.coli, products containing ... potential risk of food poisoning. The Food Standards Agency ... this cheese. ,A form of E.coli known ... has been believed to be responsible for the contamination. ...
... Nations Office on Drugs and Crimes (UNODC) fears that that ... in Pakistan and Afghanistan might turn to drugs to provide ... the agency has launched a series of workshops in collaboration ... Country Representative for UNODC said that the agency had increasingly ...
... Institutes of Health (NIH) has revealed that the use of ... in the US. There has however been an increase in ... University of Michigan conducted the 2005 Monitoring the Future (MTF) ... were good. , ,It found that cigarette smoking was ...
... Year resolutions to loose weight it has been found that ... is effective.// ,This has been suggested by the doctors ... fat diet is good for shedding the flab and getting ... of Medicine. It demonstrated that a diet based on low ...
... The Indian State of Uttar Pradesh’s Firozabad District appears to ... having taken preventive measures, several hundred children in the district ... and diarrhoea. ,With the spread of chicken ... worried. Even infants are rapidly falling victims to the disease. ...
... Seattle has revealed that chronic lower back pain can be ... from back pain were assessed by the study. The people ... progress when compared to those who participated in stretching and ... to be more useful than self-care books. After a 14-week ...
Cached Medicine News:Health News:Drug Use On The Decline Among US Youth 2Health News:Chicken pox Spreads Across Firozabad 2
(Date:7/22/2014)... 22, 2014 BiologicTx ® today announced ... 3-way Kidney Paired Donation transplant exchange utilizing BiologicTx,s proprietary ... July 9 at the Miami Transplant Institute, located at ... Kidney Paired Donation (KPD) is ... for kidney transplant with one another due to incompatible ...
(Date:7/22/2014)...  A central New York ... Total Artificial Heart implant is home, discharged from ... Freedom® portable driver to wait for a matching ... from a Syracuse architectural hardware company, suffered from ... medications, an implantable defibrillator and a pacemaker. ...
(Date:7/22/2014)... SAN DIEGO , July 22, 2014  Halozyme ... that it has resumed enrollment and dosing of patients ... PEGPH20 in patients with pancreatic cancer under the revised ... PEGPH20 is an investigational PEGylated form of Halozyme,s proprietary ... of tumors that accumulate hyaluronan. "Our ...
Breaking Medicine Technology:BiologicTx Paired Donation Aids In Successful Kidney Transplants 2BiologicTx Paired Donation Aids In Successful Kidney Transplants 3'I'm a Heartless SOB' Jokes Patient Discharged from Strong Memorial Hospital without a Human Heart 2'I'm a Heartless SOB' Jokes Patient Discharged from Strong Memorial Hospital without a Human Heart 3Halozyme Resumes Patient Enrollment And Dosing In PEGPH20 Clinical Program In Pancreatic Cancer 2Halozyme Resumes Patient Enrollment And Dosing In PEGPH20 Clinical Program In Pancreatic Cancer 3
... April 12, 2011 HeartWare International, Inc. (NASDAQ: ... of less invasive, miniaturized circulatory support technologies that are ... that the HeartWare® Ventricular Assist System will be the ... and Lung Transplantation (ISHLT) 31st Annual Meeting and Scientific ...
... Reportlinker.com announces that a new market research report ... Nephrology and Urology Devices Market Outlook to 2017 ... and Urology Devices Market Outlook to 2017 ... Nephrology and Urology Devices Market Outlook to 2017" provides ...
Cached Medicine Technology:HeartWare Announces Presentations at The International Society of Heart and Lung Transplantation Annual Meeting 2HeartWare Announces Presentations at The International Society of Heart and Lung Transplantation Annual Meeting 3HeartWare Announces Presentations at The International Society of Heart and Lung Transplantation Annual Meeting 4Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 2Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 3Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 4Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 5Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 6Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 7Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 8Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 9Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 10Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 11Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 12Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 13Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 14Reportlinker Adds Europe Nephrology and Urology Devices Market Outlook to 2017 15
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: