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NOT A SUBSCRIBER?Cell Thera to explore alternativesPosted on March 18, 2009 7:40 AM
Seattle cancer drugmaker Cell Therapeutics Inc. announced Monday, March 16, it had hired financial advisers to explore strategic alternatives and sold its 50% interest in cancer drug joint venture RIT Oncology LLC. "The review process may include seeking additional partners or collaborators for the company's product development candidates, additional equity or debt financings or seeking further efficiencies in its operations," the company said in an earnings statement. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools.
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