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Biotech / Medical : CTIX - Cellceutix Corporation

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From: jmhollen8/18/2009 12:18:39 PM
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Cellceutix Corp executes manufacturing agreement for Kevetrin API

Aug. 18, 2009 (M2 Communications Ltd.) --

Biopharmaceutical company Cellceutix Corp (OTCBB:CTIX) said on Monday that the company has entered into an agreement for the manufacture of Kevetrin active pharmaceutical ingredient to treat certain cancers.

The agreement, terms of which have not been disclosed, has been signed with Girindus America Inc.

The company has recently reported encouraging results in animal models of drug resistant lung cancers. Cellceutix will use the material for toxicology studies, for filing of an IND and Phase 1 human trials.

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