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

of developing, producing and selling OPAXIO, pixantrone, and brostallicin, and the risk factors listed or described from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our most recent filings on Forms 10-K, 10-Q and 8-K. Except as may be required by law, we do not intend to update or alter our forward-looking statements whether as a result of new information, future events, or otherwise.

    Media Contact:
    Dan Eramian
    T: 206.272.4343
    C: 206.854.1200
    F: 206.272.4434
    E: deramian@ctiseattle.com
    www.celltherapeutics.com/media.htm

    Investors Contact:
    Ed Bell
    T: 206.282.7100
    Lindsey Jesch Logan
    T: 206.272.4347
    F: 206.272.4434
    E: invest@ctiseattle.com
    www.celltherapeutics.com/investors.htm
                               Cell Therapeutics, Inc.
                   Condensed Consolidated Statements of Operations
                      (In thousands, except per share amounts)
                                     (unaudited)


                                  Three Months Ended     Nine Months Ended
                                    September 30,          September 30,
                                    -------------          -------------
                                  2009          2008      2009       2008
                                  ----          ----      ----       ----
    Revenues:
      Product sales                 $-        $2,580        $-     $8,824
      License and contract revenue  20            20        60         60
                                   ---           ---       ---        ---
        Total revenues              20         2,600        60      8,884
                                   ---         -----       ---     
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SOURCE Cell Therapeutics, Inc.
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