Cell Therapeutics Announces Study Data Set Cut-off for Phase III Pivotal Pixantrone (...(ates that 66120 people will be diagnosed...),Health

About Cell Therapeutics, Inc.

Headquartered in Seattle, CTI is a biopharmaceutical company committed to developing an integrated portfolio of oncology products aimed at making cancer more treatable. For additional information, please visit http://www.celltherapeutics.com.

This press release includes forward-looking statements 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 development of pixantrone include risks associated with preclinical and clinical developments in the biopharmaceutical industry in general and with pixantrone in particular including, without limitation, the expectation that the Company will be able to report the top-line results in the fourth quarter, which is premised on the belief that final stage of analysis of this trial will not be subject to any unforeseen delays, which cannot be assured, statements relating to the timing, scope or expected outcome of the Company's clinical development of pixantrone, the potential failure of pixantrone to prove safe and effective for treatment of relapsed aggressive NHL, determinations by regulatory, patent and administrative governmental authorities that the PIX301 trial is insufficient to demonstrate pixantrone's safety and effectiveness for commercial use, whether or not Novartis elects to exercise their option on pixantrone and whether CTI and Novartis can agree on such terms competitive factors, technological developments, costs of developing, producing and selling pixantrone, and 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
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