DALLAS, Aug. 25, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring drug maker Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) should be of particular interest to other pharmaceutical companies: Abbott Laboratories (Nasdaq:ABT), Bristol Myers Squibb Co. (NYSE:BMY) and Eli Lilly & Co. (NYSE:LLY).
It is available at: http://www.beaconequity.com/i/SPPI
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Spectrum Pharmaceuticals Inc. (SPPI) is a developer, manufacturer and marketer of therapies through proprietary anti-cancer technologies to fight cancer. The Company is in commercial stage with its drug therapy Zevalin, a radioimmunotherapy for the treatment of non-Hodgkin's Lymphoma. Other drug therapies under development include Fusilev to treat osteosarcoma; Apaziquone to treat non-muscle invasive bladder cancer; Ozarelix, in phase II trials to treat benign prostatic hypertrophy; Ortataxel, a third-generation taxane. The Company also carries exclusive rights to Renazorb and Renanal, worldwide.
In the report, the analyst notes:
"According to the Cancer Market Outlook report published by Business Insights, the market for cancer therapeutic drugs is expected to reach $40.9 billion by 2012. The Company's partner, Cell Therapeutics Inc., is a leading maker of drug therapies for the treatment of cancer.
"If approved by the U.S. Food and Drug Administration (FDA), the market for SPPI's drug candidate Zevalin could reach more than $1 billion at its market saturation. Brostallicin is the Company's phase II drug candidate for the treatment of sarcoma, with prospects of reaching commercialization at approximately 50% following successful completion of phase II."
To read the entire report visit: http://www.beaconequity.com/i/SPPI
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