Cellceutix Corp (OTC: CTIX) Updates on Kevetrin

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Las Vegas, NV -- (SBWIRE) -- 03/15/2013 -- Cellceutix Corp (OTC: CTIX) reported that the leading drug of CTIX, Kevetrin™ has shown positive results against retinoblastoma in animal models.

The drug is currently in Phase I of clinical trials at the Harvard Cancer Center for solid tumors. Retinoblastoma is the most common type of eye cancer in children. Current therapies like removal of eye are very difficult in case of children. Pre clinical studies were done using human retinoblastoma cells. Treatment with Kevetrin reduced the tumor significantly to more than half.

Chief Scientific Officer of Cellceutix Corp, Dr. Krishna Menon stated that while phase I of clinical trial is going on, the company is preparing for future trials. These trials are aimed at the latest initiatives of FDA.

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