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Cell Therapeutics, Inc. is a biopharmaceutical company focused primarily on the development and commercialization of drugs fighting against various forms of cancer. It is involved in the development of several new drugs and has currently no marketed product since it sold in 2009 its 50% stake in the joint venture company with Spectrum Pharmaceuticals (SPPI).
In 2009 CTIC had two products ready for market release. One is going through FDA's evaluation through a New Drug Application (NDA) while the other has been filed for a Marketing Authorization Application (MAA) in the European Union.
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