CTI BIOPHARMA CORP. (NASDAQ:CTIC) Files An 8-K Other Events

CTI BIOPHARMA CORP. (NASDAQ:CTIC) Files An 8-K Other Events
Item 8.01 Other Events.

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On December 13, 2018, CTI BioPharma Corp. issued a press release announcing a workforce reduction. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

No.

Description

99.1

Press Release dated December 13, 2018

CTI BIOPHARMA CORP Exhibit
EX-99.1 2 ctic-prrerestructuringplan.htm EXHIBIT 99.1 Exhibit CTI BioPharma Announces Restructuring Plan- Fifty percent reduction in workforce expected to improve efficiencies and preserve capital for pacritinib development -SEATTLE,…
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About CTI BIOPHARMA CORP. (NASDAQ:CTIC)

CTI BioPharma Corp. (CTI) is a biopharmaceutical company focused on the acquisition, development and commercialization of targeted therapies covering a spectrum of blood-related cancers to patients and healthcare providers. The Company is primarily focused on commercializing PIXUVRI in select countries in the European Union, for multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma (NHL). It is also engaged in evaluating pacritinib for the treatment of adult patients with myelofibrosis. Its earlier stage product candidate, tosedostat, is an oral, once-daily aminopeptidase inhibitor that has demonstrated responses in patients with acute myeloid leukemia (AML). It also evaluates its pipeline candidate paclitaxel poliglumex (Opaxio), which targets solid tumors. It is evaluating Opaxio through cooperative group sponsored trials and investigator-sponsored trials (ISTs), such as the ongoing maintenance therapy trial in patients with ovarian cancer.

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