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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Cellceutix Plans for Future Trials Aimed at the La

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Post# of 72446
Posted On: 03/08/2013 4:55:05 PM
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Posted By: Dynabolic
Cellceutix Plans for Future Trials Aimed at the Latest Initiatives of ‘Breakthrough’ Designation by the Food and Drug Administration

Cellceutix Conducts Research on Retinoblastoma Cancer

Beverly, MA - Cellceutix Corporation (OTCBB: CTIX) (the

"Company"), a clinical stage biopharmaceutical company

focused on discovering small molecule drugs to treat unmet

medical conditions, including drug-resistant cancers and

autoimmune diseases, is pleased to report that Kevetrin™,

the Company’s lead anti-cancer compound currently in a

Phase 1 clinical trial at Harvard Cancer Center for solid

tumors, has shown to be effective against animal models of

retinoblastoma.

Retinoblastoma is a rare and serious disease in which

cancer cells grow in the retina of the eye. According to the

American Cancer Society, less than 300 children are

diagnosed with retinoblastoma each year in the United

States. It is the most common type of eye cancer in children

and accounts for 6 percent of all cancers in children under

the age of five. It is most frequently diagnosed in infants

and very young children; the average age of children when

they are diagnosed is 2. (www.cancer.org/cancer/

retinoblastoma)

Current therapies are difficult to tolerate especially in

children, e.g., removal of the eye, intense radiation therapy,

or chemotherapy given either systemically or locally in the

eye, and are limited in their effectiveness. The need for an

effective therapy against retinoblastoma is urgently

needed.

The Company conducted pre-clinical studies using human

retinoblastoma cells (WERI-Rb-1) in nude mice that were

implanted either subcutaneously or directly into the eye,

intravitreally. Treatment with Kevetrin significantly

reduced the tumor volume by more than half in the

subcutaneous tumor model and showed a significant

improvement in the clarity of the eye in mice treated with

Kevetrin as shown in the photographs below and on our

website at www.cellceutix.com/kevetrin.

Given the limited treatment options, devastating effects,

and small patient population, Cellceutix believes that

retinoblastoma would make an excellent candidate for a

phase 2/3 trial once our present phase 1 trial is completed. It

would qualify for a number of FDA programs (Orphan, Fast

Track and Breakthrough) that can exponentially shrink

development time, should clinical data support the current

research.

“While our Phase 1 clinical trial is ongoing, we are planning

for future trials that are aimed directly at the latest

initiatives of the Food and Drug Administration to expedite

development of ‘breakthrough’ technologies to

commercialization,” commented Dr. Krishna Menon, Chief

Scientific Officer at Cellceutix. “The data from the studies

affirm that Kevetrin may be useful in a new tumor type, in

addition to the other indications that we are studying.

Kevetrin has delivered robust results against all indications

tested to date. Cellceutix’s strategy is to have multiple trials

ongoing against multiple cancer types concurrently. We are

conducting testing against several more cancers to

delineate the quickest path to market to build corporate

and shareholder value.”

About Kevetrin™

As a completely new class of chemistry in medicine,

Kevetrin™ has significant potential to be a major

breakthrough in the treatment of solid tumors. Mechanism

of action studies showed Kevetrin's unique ability to affect

both wild and mutant types of p53 (often referred to as the

"Guardian Angel Gene" or the "Guardian Angel of the

Human Genome") and that Kevetrin strongly induced

apoptosis (cell death), characterized by activation of

Caspase 3 and cleavage of PARP. Activation of p53 also

induced apoptosis by inducing the expression of p53 target

gene PUMA. p53 is an important tumor suppressor that acts

to restrict proliferation by inducing cell cycle checkpoints,

apoptosis, or cellular senescence.

In more than 50 percent of all human carcinomas, p53 is

limited in its anti-tumor activities by mutations in the

protein itself. Currently, there are greater than 10 million

people with tumors that contain inactivated p53, while a

similar number have tumors in which the p53 pathway is

partially abrogated by inactivation of other signaling

components. This has left cancer researchers with the

grand challenge of searching for therapies that could

restore the protein's protective function, which Kevetrin

appears to be doing the majority of the time.

Further information on the clinical trial, titled "A Phase 1,

Open-Label, Dose-Escalation, Safety, Pharmacokinetic and

Pharmacodynamic Study of Kevetrin

(Thioureidobutyronitrile) Administered Intravenously, in

Patients With Advanced Solid Tumors," is available at: http:/

/clinicaltrials.gov/ct2/show/NCT01664000?term=

cellceutix&rank=1

About Cellceutix

Headquartered in Beverly, Massachusetts, Cellceutix is a

publicly traded company under the symbol "CTIX". It is an

emerging bio-pharmaceutical company focused on the

development of its pipeline of compounds targeting areas of

unmet medical need. Our flagship compound, Kevetrin™, is

an anti-cancer drug which has demonstrated the ability in

pre-clinical studies to regulate the p53 pathway and attack

cancers which have proven resistant to today's cancer

therapies (drug-resistant cancers). Cellceutix also owns the

rights to seven other drug compounds, including KM-133,

which is in development for psoriasis, and KM-391 for the

treatment of the core symptoms of autism. More

information is available on the Cellceutix web site at

www.cellceutix.com.

Safe Harbor Forward-Looking Statements

To the extent that statements in this press release are not

strictly historical, including statements as to revenue

projections, business strategy, outlook, objectives, future

milestones, plans, intentions, goals, future financial

conditions, future collaboration agreements, the success of

the Company's development, events conditioned on

stockholder or other approval, or otherwise as to future

events, such statements are forward-looking, and are made

pursuant to the safe harbor provisions of the Private

Securities Litigation Reform Act of 1995. The forward-

looking statements contained in this release are subject to

certain risks and uncertainties that could cause actual

results to differ materially from the statements made.

Factors that may impact Cellceutix's success are more fully

disclosed in Cellceutix's most recent public filings with the

U.S. Securities and Exchange Commission.

Copyright © 2013 Cellceutix Corporation, All rights reserved. You requested to receive email alerts about Cellceutix at our website www.cellceutix.com Our mailing address is: Cellceutix Corporation 100 Cumming Center, Suite 151-B Beverly, MA 01915

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