{"id":576429,"date":"2010-05-24T10:37:15","date_gmt":"2010-05-24T14:37:15","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=81419"},"modified":"2010-05-24T10:37:15","modified_gmt":"2010-05-24T14:37:15","slug":"cell-therapeutics-adds-21m","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/576429","title":{"rendered":"Cell Therapeutics Adds $21M"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Biotech\/\">Biotech<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/cancer\/\">cancer<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a><\/div>\n<p>\t\t<strong>Luke Timmerman wrote:<\/strong><\/p>\n<p>Cell Therapeutics (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=CTIC\">CTIC<\/a>), the Seattle-based developer of cancer drugs, said today it has raised $21 million through an offering of preferred stock to three institutional investors. The company&#8217;s lead drug candidate, pixantrone for non-Hodgkin&#8217;s lymphoma, <a href=\"http:\/\/www.xconomy.com\/seattle\/2010\/04\/09\/cell-therapeutics-lymphoma-drug-fails-to-win-fda-approval\/\">was rejected by the FDA last month<\/a>. Cell Therapeutics said it plans to use the new financing to pay down some of its debt, finance R&amp;D, prepare new drug applications, and for other corporate purposes.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/seattle\/2010\/05\/24\/cell-therapeutics-adds-21m\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Cell%20Therapeutics%20Adds%20$21M%20http:\/\/xconomy.com\/?p=81419\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/seattle\/2010\/05\/24\/cell-therapeutics-adds-21m\/&#038;t=Cell%20Therapeutics%20Adds%20$21M\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/seattle\/2010\/05\/24\/cell-therapeutics-adds-21m\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Cell+Therapeutics+Adds+%2421M&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fseattle%2F2010%2F05%2F24%2Fcell-therapeutics-adds-21m%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>UNDERWRITERS AND PARTNERS<br \/>\n\t\t\t\t\t\t<!-- ad options: Array\n(\n    [0] => 51\n)\n1 --><br \/>\n\t\t\t\t<a href='http:\/\/d.xconomy.com\/ck.php?bannerid=51' ><br \/>\n\t\t\t\t<img 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href=\"http:\/\/feedads.g.doubleclick.net\/~a\/3QXqRjZFusHVSAenrvTL22iNKSI\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/3QXqRjZFusHVSAenrvTL22iNKSI\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/E68QYwIXyGs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech, cancer, deals Luke Timmerman wrote: Cell Therapeutics (NASDAQ: CTIC), the Seattle-based developer of cancer drugs, said today it has raised $21 million through an offering of preferred stock to three institutional investors. The company&#8217;s lead drug candidate, pixantrone for non-Hodgkin&#8217;s lymphoma, was rejected by the FDA last month. Cell Therapeutics said it plans to [&hellip;]<\/p>\n","protected":false},"author":1192,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-576429","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1192"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=576429"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576429\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=576429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=576429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=576429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}