Seattle, USA-based Cell Therapeutics has submitted a rolling New Drug Application to the Food and Drug Administration for pixantrone in the treatment of relapsed or refractory aggressive non-Hodgkin's lymphoma.
The firm's pivotal Phase III EXTEND trial achieved its primary endpoint with patients randomized to treatment with pixantrone showing a significantly-higher rate of confirmed and unconfirmed complete remissions compared to those treated with standard chemotherapy with no subjects in the standard chemotherapy arm achieving a confirmed complete remission.
"The commercialization of pixantrone will drive shareholder value as a result of the large market potential for this product," said chief executive James Bianco. "We believe that the recent significant investment in Cell Thera by a single institutional investor reflects a growing interest in Cell Thera and, in particular, in pixantrone by the investment community," he added.
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