"On April 14, Cell Therapeutics announced that it began a rolling submission of a New Drug Application to the FDA for Pixantrone. The company has also planned to request priority review for the drug. If a priority review is granted, the FDA's decision on the drug can be expected in the fourth-quarter of 2009. Pixantrone is now available through a named-patient program in Europe. If approved, the company expects Pixantrone sales to reach $1 billion by 2014."
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