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Cell Therapeutics' Pacritinib Phase III Program Takes Off

By Catherine Shaffer
Staff Writer

Wednesday, January 9, 2013
Cell Therapeutics Inc., of Seattle, began a much-anticipated Phase III trial for its JAK2 inhibitor, pacritinib, in myelofibrosis. It licensed the drug from Singapore-based S*Bio Pte Ltd. in April for $30 million up front and up to $132.5 million in regulatory and sales milestones.

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