BiomedReports: Allos Therapeutics - A Small-Cap Cancer Biotech with an FDA Catalyst

Los Angeles, CA, April 29, 2009 --(PR.com)-- BioMedReports.com, a full news portal offering unbiased bio stock reporting and analysis about emerging biotech companies, today is unveiling coverage on Allos Therapeutics, a promising small-cap cancer biotech with the potential for an upcoming FDA approval decision.

Allos filed a new drug application late last month for pralatrexate (PDX) in the treatment of patients with relapsed/refractory peripheral T-cell lymphoma (PTCL). ALTH requested priority (six-month) review for the application, with an expected 60-day period for the FDA to accept the filing and rule on priority review status.

The priority review PDUFA date would be in late September of this year (versus 1/25/10 for standard, 10-month review).

PTCL comprises a biologically diverse group of blood-based cancers that typically have a worse prognosis than other types of lymphoma and are less responsive to traditional chemotherapy regimens. There are currently no agents approved by the FDA for the treatment of patients with PTCL.

ALTH is a promising small-cap cancer biotech with the potential for approval of PDX by the end of September if the FDA grants a priority review for the recently submitted NDA in the treatment of PTCL. The Company has zero debt, about 89M shares of stock outstanding after the recent public offering, and should end the year with around $80M in cash.

A complete report on the company and it's status with the FDA is available now at BiomedReports.Com:

http://biomedreports.com/articles/most-popular/867-allos-therapeutics-small-cap-cancer-biotech-with-fda-catalyst.html

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