Cellceutix Successfully Completes In Vitro Study in Support of Planned Phase 2 Trial of Kevetrin for Ovarian Cancer

BEVERLY, MA--(Marketwired - March 31, 2016) - Cellceutix Corporation (OTC: CTIX) (the "Company"), a clinical stage biopharmaceutical company developing innovative therapies with oncology, dermatology, anti-inflammatory and antibiotic applications, is pleased to announce that the latest laboratory research on the Company's anti-cancer drug Kevetrin showed that Kevetrin did not inhibit or induce cytochrome P450 enzymes in vitro. Based upon the documented relationship of P450 and certain potential drug-drug interactions, this positive data is central to the planned Phase 2 clinical trial where Kevetrin will be used in a combination therapy for the treatment of ovarian cancer.

The testing was performed at the request of the U.S. Food and Drug Administration ("FDA") during Cellceutix's recent meeting with the FDA pertaining to the planned Phase 2 trial. Per standard protocol, the FDA requires specific studies in an attempt to preempt possible drug interaction complications during human trials. The requisite in vitro testing met Cellceutix's expectations in demonstrating that Kevetrin can be combined with another anti-cancer drug without any concerns of adverse drug-drug interactions.

Enzymes produced by cytochrome P450 genes are involved in the synthesis and metabolism of molecules within cells. Cytochrome P450 enzymes (CYP450), found primarily in liver cells, account for 70 to 80% of enzymes involved in drug metabolism (US National Library of Medicine, 2016). There are more than 50 enzymes, but only six metabolize 90% of drugs, especially CYP3A4 and CYP2D6 (Lynch and Price 2007).

Many drugs are metabolized through the CYP450 enzyme system, which can be inhibited or induced by other molecules, such as anti-cancer drugs, grapefruit juice or tobacco. It is important to know if a molecule inhibits or induces these enzymes, especially when used in combination with other drugs, since there is a potential for drug-drug interaction that can cause unexpected adverse events or inactivity (Ogu and Maxa 2000).

Kevetrin, under development as an anti-cancer agent as monotherapy or in combination with chemotherapeutic agents, was assessed for its ability to inhibit or induce P450 enzyme activity.

For assessment of inhibition of CYP450, Kevetrin, at concentrations up to 100 μg/mL, were incubated with human liver microsomes and enzyme-specific substrates at 37°C. The following CYP450 isozymes were evaluated: 1A2, 2B6, 2C8, 2C9, 2C19, 2D6, 3A4. Kevetrin showed little to no inhibition and no time dependent inhibition (TDI) effect on any of the seven isozymes tested, whereas the positive controls showed inhibition of the isozymes in the same system, as expected.