Cellceutix PIND Meeting Scheduled with FDA for Hidradentitis Suppurativa

BEVERLY, MA—April 13, 2015 – Cellceutix Corporation (OTC: CTIX) (the “Company”), a clinical stage biopharmaceutical company developing innovative therapies with oncology, dermatology, and antimicrobial applications, is pleased to announce that the U.S. Food and Drug Administration (FDA) has granted the Company’s request for a Pre-Investigational New Drug (PIND) meeting to discuss the Company’s plans for a Phase 2 clinical trial with one of the Company’s Host Defense Proteins (HDPs) for the treatment of hidradenitis suppurativa.  The meeting is scheduled during the third week of May.

Additionally, the Company is planning a comprehensive corporate update to be released shortly, which will include the latest information on the Cellceutix product pipeline, results for biomarker p21 assays from patients recently treated in the ongoing Kevetrin study in patients with solid tumors, additions to the Board of Directors,  and uplisting to the Nasdaq exchange.  Cellceutix looks forward to sharing this information relating to the Company’s progress.