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Cell Therapeutics, Inc. (CTI) Announces Presentations at American Society of Clinical Oncology (ASCO) Annual Meeting

Distributed by Press Release

SEATTLE (Map) - SEATTLE, May 27 /PRNewswire-FirstCall/ -- Cell Therapeutics, Inc. (CTI) (Nasdaq and MTA: CTIC) today announced that the following presentations will be made on its product Zevalin(R) (Ibritumomab Tiuxetan) and its development product OPAXIO(TM) (paclitaxel poliglumex, formerly XYOTAX(TM)) at the 44th American Society of Clinical Oncology (ASCO) Annual Meeting, May 30 through June 3, 2008, in Chicago.

    Date     Time        Poster #       Title
                        (Abstract#)
    Sat.,    8:00 AM     47D(8565)      Phase I trial of yttrium 90
    May 31   poster                     ibritumomab tiuxetan (90Y-RIT)
                                        with autologous stem cell
                                        transplantation (ASCT) in
                                        patients with relapsed or
                                        refractory B-cell non-
                                        Hodgkin's lymphoma (NHL)
    Sat.,    8:00 AM     56E(8615)      Yttrium-90 ibritumomab
    May 31   poster                     tiuxetan combined with high-
                                        dose BEAM chemotherapy and
                                        autologous stem cell
                                        transplantation for
                                        relapsed/refractory B-cell
                                        non-Hodgkin's lymphoma
    Sun.,    2:00 PM     20D(3075)      Retrospective study of RIT
    June 1   poster                     (radiolabelled immunotherapy)
                                        with 90Y-IT (90Y-ibritumomab
                                        tiuxetan) in relapsing FL
                                        (follicular lymphoma) after
                                        autologous (BM) bone marrow
                                        transplant (ABMT)
    Mon.,    2:00 PM     32A(1063)      Phase II trial of paclitaxel
    June 2   poster                     poliglumex (PPX) with
                                        capecitabine (C) for
                                        metastatic breast cancer
                                        (MBC).

For more information about the ASCO annual meeting, please refer to the conference Web site at http://www.asco.org/.

About Zevalin(R)

Zevalin(R) (Ibritumomab Tiuxetan) is a form of cancer therapy called radioimmunotherapy and is indicated as part of the Zevalin therapeutic regimen for treatment of relapsed or refractory, low-grade or follicular B-cell non-Hodgkin's lymphoma, including patients with rituximab refractory follicular NHL. It was approved by the FDA in February of 2002 as the first radioimmunotherapeutic agent for the treatment of NHL.

Rare deaths associated with an infusion reaction symptom complex have occurred within 24 hours of rituximab infusions. Yttrium-90 Zevalin administration results in severe and prolonged cytopenias in most patients. Severe cutaneous and mucocutaneous reactions have been reported. The most serious adverse reactions of the Zevalin therapeutic regimen were primarily hematologic, including neutropenia, thrombocytopenia, and anemia. Infusion- related toxicities were associated with pre-administration of rituximab. The risk of hematologic toxicity correlated with the degree of bone marrow involvement prior to Zevalin therapy. Myelodysplasia or acute myelogenous leukemia was observed in 2 percent of patients (8 to 34 months after treatment). Zevalin should only be used by health care professionals qualified by training and experience in the safe use of radionuclides.

Patients and healthcare professionals can visit http://www.zevalin.com for more information.

About Cell Therapeutics, Inc.

Headquartered in Seattle, CTI is a biopharmaceutical company committed to developing an integrated portfolio of oncology products. For additional information, please visit http://www.CellTherapeutics.com.

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     Media Contact:
     Dan Eramian
     T: 206.272.4343
     C: 206.854.1200
     E: media@ctiseattle.com
     http://www.CellTherapeutics.com/media.htm
     Investors Contact:
     Leah Grant
     T: 206.282.7100
     F: 206.272.4434
     E: invest@ctiseattle.com
     http://www.CellTherapeutics.com/investors.htm
     Medical Information Contact:
     T: 800.715.0944
     E: info@askarm.com

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