Celator Pharmaceuticals (CPXX) Misses Q1 EPS by 1c

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CelatorĀ® Pharmaceuticals Announces First Quarter 2016 Financial Results and Business Update

May 10, 2016 4:06 PM EDT

EWING, N.J., May 10, 2016 /PRNewswire/ -- Celator Pharmaceuticals, Inc. (Nasdaq: CPXX) today reported business highlights and financial results for the first quarter ended March 31, 2016.

"The first quarter of 2016 was transformative for Celator," said Scott Jackson, chief executive officer of Celator. "Our Phase 3 trial of VYXEOS demonstrated a statistically significant improvement in overall survival, among other benefits, in patients with high-risk acute myeloid leukemia (AML) and we plan to submit a New Drug Application (NDA) to the Food and Drug Administration (FDA) by the end of the third quarter... More