Three Italian Multicenter Studies Report High (>70%) Rates of Complete Remission (CR) Utilizing Zevalin Radio-Immunotherapy (RIT) in Treatment of Newly Diagnosed or Relapsed or Refractory Non-Hodgkin'...(des forward-looking statements about tri...),Health

Date:12/8/2008

des forward-looking statements about trials conducted by third parties and future potential trials that may conducted by CTI that involve a number of risks and uncertainties, the outcome of which could materially and/or adversely affect actual future results. Specifically, the risks and uncertainties that could affect the future development of Zevalin include risks associated with preclinical and clinical developments in the biopharmaceutical industry in general and with Zevalin in particular including, without limitation, the potential for Zevalin to be proved safe and effective for the treatment of additional indications as noted in these presentations or any other indication, the success of the proposed joint venture for Zevalin with Spectrum Pharmaceuticals, determinations by regulatory, patent and administrative governmental authorities, competitive factors, technological developments, the costs of developing, producing and selling Zevalin and CTI's ability to raise additional capital to fund additional clinical trials for Zevalin. You should also review the risk factors listed or described from time to time in the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's most recent filings on Forms 10-K, 8-K, and 10-Q. Except as may be required by law, CTI does not intend to update or alter its 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
     E: media@ctiseattle.com
    http://www.CellTherapeutics.com/press_room

     Investors Contact:
     Ed Bell
     T: 206.272.4345
     Lindsey Jesch Logan
     T : 206.272.4347
     F : 206.272.4434
     E: invest@ctiseattle.com
    
SOURCE  Cell Therapeutics, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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