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CTI BioPharma Receives $10 Million Milestone Payment for TRISENOX®

Last cti biopharma corp earnings: 11/1 08:00 am
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US:NASDAQ Investor Relations: ctibiopharma.com
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SEATTLE, Feb. 11, 2019 /PRNewswire/ -- CTI BioPharma Corp. (NASDAQ:CTIC) today announced that it has received a $10 million milestone payment from Teva Pharmaceutical Industries Ltd. related to the achievement of sales milestones for TRISENOX® (arsenic trioxide). TRISENOX was acquired from CTI BioPharma by Cephalon, Inc. (Cephalon). Cephalon was subsequently acquired by Teva. The milestone was paid pursuant to an acquisition agreement for TRISENOX entered into with Cephalon under which CTI BioPharma is eligible to receive up to an additional $40 million in payments upon achievement by Teva of specified sales and development milestones related to TRISENOX.About CTI BioPharma Corp.CTI BioPharma Corp. is a biopharmaceutical company focused on the acquisition, development and commercialization of novel targeted therapies covering a spectrum of blood-related cancers that offer a unique benefit to patients and healthcare providers. The CTI BioPharma lead product candidate, pacritinib, is be
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NEWS
NEWS
- CTI BioPharma to Present at the 8th Annual SVB Leerink Global Healthcare Conference Wednesday, Feb. 27[PR Newswire]
- CTI Bio down 8% premarket on withdrawal of pacritinib application in Europe [Seeking Alpha][Seeking Alpha]
- CTI BioPharma Receives Results of the CHMP Oral Explanation for Pacritinib in the Treatment of Myelofibrosis and Provides Development Update[PR Newswire]
- CTI BioPharma: Can It Differentiate Itself From Jakafi In MF Patients? [Seeking Alpha][Seeking Alpha]
- CTI BioPharma Corp (NASDAQ: CTIC) was given a new $4.00 price target on by analysts at Oppenheimer Holdings Inc.. They now have a "buy" rating on the stock.[MarketBeat]
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CTIC
SEC Filings
SEC Filings
- 2/13/19 - Form SC
- 2/11/19 - Form 8-K
- 2/1/19 - Form 8-K
- CTIC's page on the SEC website
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