Drug news
Cell Therapeutics acquires world rights to pancritinib for Myelofibrosis
Cell Therapeutics has acquired a worldwide licence from Singapore-based S*Bio to develop and manufacture pancritinib, an oral once daily, tyrosine kinase inhibitor with dual activity against JAK 2 (Janus Associated Kinase 2) and FMS-like tyrosine kinase 3 (FLT 3). Pacritinib is in Phase II clinical trials for Myelofibrosis with a Phase III trial planned. The drug has Orphan designation in both the USA and EU.