Private company
CTI BioPharma
Logo: Bisvictor, CC BY-SA 4.0, via Wikimedia Commons4
Pharmaceutical company based in Seattle, USA, founded in 20141
In its 2023 annual report the company says: “We are a commercial biopharmaceutical company focused on the acquisition, development and commercialization of novel targeted therapies for blood-related cancers where there is a significant unmet medical need.”68
Last updated Oct 21, 2026.
Overview
- IndustryPharmaceutical Preparations1
- HeadquartersSeattle1
- Websitewww.ctibiopharma.com
- Legal formpublic company1
- Incorporated inDE5
- Business address3101 Western Avenue, Suite 800, Seattle, Wa 981215
- Filer categoryNon-accelerated filer, Smaller reporting company5
- LEI549300RJTND7CT8R88533
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered addressC/O CT Corporation System, 98501 Olympia, United States3
- Registered withCorporations Division (Office of the Secretary of State), 6013390383
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue3¢$3.5M
- Selling, general and admin84¢$84.8M
- Interest13¢$13.1M
Out of $53.9M in revenue.6 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $57.4M7 | $25.1M8 | $26.3M9 | $3.3M10 | $010 | $06 | $53.9M6 |
| Cost of revenue | $1.4M7 | $364.0K8 | $879.0K8 | $06 | $3.5M6 | ||
| Selling, general and admin | $45.3M7 | $31.4M8 | $22.1M9 | $19.2M10 | $17.6M11 | $56.2M6 | $84.8M6 |
| Operating expenses | $95.3M6 | $133.7M6 | |||||
| Operating income | -$49.2M7 | -$39.5M8 | -$32.9M9 | -$40.7M10 | -$47.8M11 | -$95.3M6 | -$79.8M6 |
| Interest | $2.6M7 | $1.9M8 | $1.2M9 | $1.0M10 | $828.0K11 | $2.4M6 | $13.1M6 |
| Net income | -$52.0M7 | -$40.7M8 | -$29.3M9 | -$40.0M10 | -$52.5M11 | -$97.9M6 | -$93.0M6 |
| Earnings per share | -$0.7411 | -$1.096 | -$0.816 | ||||
| Earnings per share (diluted) | -$0.7411 | -$1.096 | -$0.816 | ||||
| Shares (weighted, basic) | 90.1M shares6 | 114.7M shares6 | |||||
| Shares (weighted, diluted) | 90.1M shares6 | 114.7M shares6 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $44.0M7 | $27.2M8 | $36.4M9 | $31.1M10 | $40.4M11 | $65.4M6 | $30.4M6 |
| Receivables | $06 | $15.4M6 | |||||
| Inventory | $06 | $733.0K6 | |||||
| Current assets | $55.8M7 | $46.9M8 | $82.5M9 | $35.6M10 | $54.3M11 | $68.4M6 | $99.4M6 |
| Property, plant and equipment | $176.0K6 | $06 | |||||
| Intangible assets | $06 | $23.2M6 | |||||
| Total assets | $63.8M7 | $54.9M8 | $89.8M9 | $46.3M10 | $58.2M11 | $72.4M6 | $125.9M6 |
| Accounts payable | $3.9M6 | $2.0M6 | |||||
| Short-term debt | $47.4M6 | $47.9M6 | |||||
| Current liabilities | $40.6M7 | $19.3M8 | $23.1M9 | $18.5M10 | $17.0M11 | $66.7M6 | $81.1M6 |
| Long-term debt | $11.3M7 | $13.6M8 | $9.3M9 | $4.5M10 | $010 | $47.4M11 | $47.9M6 |
| Total liabilities | $56.1M7 | $38.8M8 | $36.9M9 | $28.4M10 | $18.2M11 | $68.7M6 | $143.5M6 |
| Retained earnings | -$2.4B6 | -$2.5B6 | |||||
| Shareholders’ equity | $13.3M7 | $21.8M8 | $58.7M9 | $23.7M10 | $40.0M10 | $3.8M6 | -$17.6M6 |
| Shares outstanding | 28.2M shares7 | 43.0M shares8 | 58.0M shares9 | 58.0M shares10 | 75.9M shares11 | 99.8M shares6 | 130.7M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$76.7M7 | -$39.3M8 | -$39.8M9 | -$27.8M10 | -$42.2M11 | -$84.9M6 | -$81.2M6 |
| Depreciation and amortization | $526.0K6 | $2.0M6 | |||||
| Stock-based compensation | $4.7M6 | $10.0M6 | |||||
| Capital spending | $137.0K7 | $49.0K8 | $33.0K9 | $010 | $17.0K11 | $011 | |
| Free cash flow | -$76.8M | -$39.3M | -$39.9M | -$27.8M | -$42.2M | -$84.9M | |
| Cash from investing | $12.0M6 | -$73.9M6 | |||||
| Cash from financing | $97.9M6 | $120.0M6 |
Corporate structure
CTI BioPharma sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CTI BioPharma
- BIOTECHNOLOGY VALUE FUND L P Filed SC 13D/A on CTI BioPharma, latest Jun 28, 2023 (2 filings since Aug 11, 2022)
- Stonepine Capital Management, LLC Filed SC 13G on CTI BioPharma, latest Apr 13, 2023 (3 filings since Feb 14, 2022)
- Timothy P. Lynch Filed SC 13G on CTI BioPharma, latest Mar 24, 2023
- BlackRock Filed SC 13G on CTI BioPharma, latest Feb 3, 2023
- State Street Corporation Filed SC 13G/A on CTI BioPharma, latest Feb 3, 2023 (2 filings since Oct 11, 2022)
- MILLENNIUM MANAGEMENT LLC Filed SC 13G/A on CTI BioPharma, latest Jan 9, 2023 (2 filings since Jun 13, 2022)
- Growth Equity Opportunities V, LLC Filed SC 13D/A on CTI BioPharma, latest Jul 22, 2022 (2 filings since Jun 17, 2022)
- CAXTON CORP Filed SC 13G/A on CTI BioPharma, latest Feb 14, 2022
- ORBIMED ADVISORS LLC Filed SC 13G/A on CTI BioPharma, latest Dec 6, 2021
- CTI BioPharma Seattle, Washington, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CTI BioPharma reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.4M6 Dec 31, 2022 | $5.7M6 Dec 31, 2021 | −59.0% |
| Accumulated depreciation | $2.4M6 Dec 31, 2022 | $5.6M6 Dec 31, 2021 | −57.7% |
| Property and equipment, net | $06 Dec 31, 2022 | $176.0K6 Dec 31, 2021 | −100.0% |
| Operating-lease assets (leased space) | $2.1M6 Dec 31, 2022 | $3.1M6 Dec 31, 2021 | −33.2% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Area of real estate | 44,000 sq ft6 Apr 30, 2022 | 44,000 sq ft11 Dec 31, 2017 | 0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $30.4M6 Dec 31, 2022 | $65.4M6 Dec 31, 2021 | −53.5% |
| Marketable securities, current | $49.5M6 Dec 31, 2022 | $06 Dec 31, 2021 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $23.2M6 Dec 31, 2022 | $06 Dec 31, 2021 |
Inventory
Leadership
Who has led CTI BioPharma, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerAdam R. Craig Oct 3, 2017 to Jun 26, 202315
- Chief executive officerRichard L. Love Oct 24, 2016 to Oct 24, 201616
- Chief executive officerJames A. Bianco Jan 5, 2006 to Jun 24, 201617
- PresidentAdam R. Craig Oct 3, 2017 to Jun 26, 202315
- PresidentRichard L. Love Oct 24, 2016 to Oct 24, 201616
- PresidentCraig Philips Aug 8, 2008 to Jul 3, 201218
- PresidentJames A. Bianco Jan 5, 2006 to Jun 24, 201617
- Chief financial officerDavid Kirske Oct 3, 2017 to Jun 26, 202319
- Chief operating officerBruce J. Seeley Oct 3, 2017 to Mar 11, 202220
Board members and other officers (28)
- OfficerJames K. Fong Mar 11, 2022 to Jun 26, 202321
- OfficerAdam R. Craig Mar 21, 2017 to Mar 21, 201722
- OfficerDavid Kirske Aug 3, 2017 to Aug 3, 201723
- EVP, Chief Commercial OfficerBruce J. Seeley Jul 29, 2015 to Mar 6, 201724
- EVP, Chief Medical OfficerSteven E. Benner Jun 15, 2012 to Mar 22, 201325
- EVP, Corporate DevelopmentMatthew Plunkett Sep 7, 2012 to Mar 6, 201726
- EVP,Finance & AdministrationLouis A. Bianco Jan 5, 2006 to Mar 23, 201627
- EVP, Corporate CommunicationsDaniel G. Eramian Mar 15, 2006 to Sep 21, 201228
- EVP, Chief Business OfficerJade Brown Apr 3, 2006 to Oct 30, 200629
- EVP, Clinical Dev & Reg AffairScott Stromatt Jun 22, 2006 to Apr 8, 200830
- EVP, Chief Medical OfficerJack W. Singer Jun 26, 2006 to May 17, 201831
- Board memberMark N. Lampert Aug 11, 2022 to Jun 28, 202332
- Board memberMatthew D. Perry Mar 12, 2021 to Jun 26, 202333
- Board memberDiane L. Parks Sep 3, 2021 to Jun 26, 202334
- Board memberMichael A. Metzger Jan 24, 2017 to Jun 26, 202335
- Board memberMatthew Plunkett Mar 6, 2017 to Mar 6, 201736
- Board memberAdam R. Craig Mar 21, 2017 to Jun 26, 202322
- Board memberDavid Ross Parkinson Jun 7, 2017 to Jun 26, 202337
- Board memberLaurent Fischer Jul 25, 2017 to Jun 26, 202338
- Board memberKaren Ignagni Feb 3, 2014 to Sep 25, 201539
- Board memberReed Vaughn Tuckson Sep 26, 2011 to Jun 26, 202340
- Board memberRichard L. Love Sep 21, 2007 to Oct 2, 201741
- Board memberJames A. Bianco Jan 5, 2006 to Oct 3, 201617
- Board memberMary Oneil Mundinger Apr 11, 2006 to Apr 29, 201642
- Board memberPhillip M. Nudelman Phd. Apr 19, 2006 to May 2, 201743
- Board memberJohn H. Bauer Jun 1, 2006 to Sep 25, 201544
- Board memberJack W. Singer Jun 26, 2006 to Mar 6, 201731
- Board memberFred Telling Dec 5, 2006 to Sep 20, 201845
Former names
- CELL THERAPEUTICS INCJun 28, 1996 to May 29, 20145
Timeline
- Jun 26, 20238-K Ended a material agreement; Completed an acquisition or sale; Debt or obligation accelerated46
- May 30, 20238-K Other events47
- May 10, 20238-K Entered a material agreement; Bylaws or fiscal year changed; Other events48
- Mar 6, 20238-K Results of operations49
- Nov 7, 20228-K Results of operations50
- Oct 13, 20228-K Executive or director change51
- Sep 28, 20228-K Other events52
- Aug 15, 20228-K Other events53
- Aug 8, 20228-K Results of operations54
- Jun 3, 20228-K Executive or director change; Shareholder vote55
- May 12, 20228-K Results of operations56
- Mar 31, 20228-K Results of operations57
- Oct 3, 2017New chief executive Adam R. Craig becomes CEO15
- Oct 24, 2016New chief executive Richard L. Love becomes CEO16
- 2014Founded Founded1
- Jan 5, 2006New chief executive James A. Bianco becomes CEO17
Calendar
When it reported results
- Mar 6, 2023Reported quarterly or annual results49
- Nov 7, 2022Reported quarterly or annual results50
- Aug 8, 2022Reported quarterly or annual results54
- May 12, 2022Reported quarterly or annual results56
- Mar 31, 2022Reported quarterly or annual results57
- Mar 2, 2022Reported quarterly or annual results58
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
212 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 14 major events, 52 insider forms, 15 large holders, 124 other. The latest 20:
- Jul 6, 202315-12G EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
The 212 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
30 open-market trades by officers, directors and large owners since October 2021: 2 buys and 28 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 24, 2023 | Craig Adam RPresident and CEO | Sale | 85,317 | $6.00 | $511.9K | Form 4 |
| Jan 24, 2023 | Fong James KEVP & Chief Commercial Officer | Sale | 100,000 | $6.00 | $600.0K | Form 4 |
| Jan 3, 2023 | Craig Adam RPresident and CEO | Sale | 84,683 | $6.01 | $508.9K | Form 4 |
| Jan 3, 2023 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 27,021 | $6.01 | $162.4K | Form 4 |
| Dec 30, 2022 | Craig Adam RPresident and CEO | Sale | 17,100 | $6.00 | $102.7K | Form 4 |
| Dec 30, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 13,847 | $6.00 | $83.1K | Form 4 |
| Dec 29, 2022 | Craig Adam RPresident and CEO | Sale | 13,800 | $6.00 | $82.8K | Form 4 |
| Dec 29, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 13,174 | $6.00 | $79.0K | Form 4 |
| Nov 10, 2022 | Craig Adam RPresident and CEO | Sale | 188,304 | $6.00 | $1.1M | Form 4 |
| Nov 9, 2022 | Craig Adam RPresident and CEO | Sale | 53,996 | $6.00 | $324.1K | Form 4 |
| Nov 8, 2022 | Metzger Michael ADirector | Sale | 91,500 | $5.59 | $511.2K | Form 4 |
| Oct 4, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 2,109 | $6.26 | $13.2K | Form 4 |
| Oct 3, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 300 | $6.25 | $1.9K | Form 4 |
| Sep 30, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 139,841 | $6.05 | $846.0K | Form 4 |
| Sep 29, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 900 | $6.00 | $5.4K | Form 4 |
| Sep 16, 2022 | KIRSKE DAVIDEVP, Chief Financial Officer | Sale | 22,592 | $6.02 | $136.0K | Form 4 |
| Sep 12, 2022 | Craig Adam RPresident and CEO | Sale | 242,300 | $6.43 | $1.6M | Form 4 |
| Aug 16, 2022 | Craig Adam RPresident and CEO | Buy | 5,000 | $5.50 | $27.5K | Form 4 |
| Aug 9, 2022 | LAMPERT MARK NDirector | Sale | 8,500,000 | $6.12 | $52.0M | Form 4 |
| Jul 7, 2022 | Metzger Michael ADirector | Sale | 20,121 | $6.51 | $131.0K | Form 4 |
All 30 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BIOTECHNOLOGY VALUE FUND L PSC 13D/A, 2 filings Aug 11, 2022 to Jun 28, 202359
- Stonepine Capital Management, LLCSC 13G, 3 filings Feb 14, 2022 to Apr 13, 202360
- Timothy P. LynchSC 13G, 1 filing Mar 24, 202361
- BlackRockSC 13G, 1 filing Feb 3, 202362
- State Street CorporationSC 13G/A, 2 filings Oct 11, 2022 to Feb 3, 202363
- MILLENNIUM MANAGEMENT LLCSC 13G/A, 2 filings Jun 13, 2022 to Jan 9, 202364
- Growth Equity Opportunities V, LLCSC 13D/A, 2 filings Jun 17, 2022 to Jul 22, 202265
- CAXTON CORPSC 13G/A, 1 filing Feb 14, 202266
- ORBIMED ADVISORS LLCSC 13G/A, 1 filing Dec 6, 202167
SEC filer profile
How CTI BioPharma is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCTI BIOPHARMA CORP2
- CIK0000891293
- Employer ID (EIN)91-15339122
- Filer statusNon-accelerated filer<br>smaller reporting company2
- Incorporated inDelaware2
- Fiscal year endsDecember 312
- Industry code (SIC)2834 Pharmaceutical Preparations2
- Business address3101 Western Avenue, Suite 800, Seattle, WA 981212
- Phone20628271002
- Shares outstanding131,880,176 as of May 4, 202314
- Public float$625.7M as of Jun 30, 20226
- On EDGAR sinceJun 27, 19962
- Filings2,393 in all: 4 (784), 8-K (574), 10-Q (81), DEFA14A (79), SC 13G/A (66), EFFECT (60), 424B5 (57), SC 13G (49)2
All 68 form types
POS AM (48), S-8 POS (37), S-3 (36), DEF 14A (35), 3 (32), 424B3 (32), UPLOAD (31), 10-K (27), CT ORDER (27), S-8 (27), 4/A (26), CORRESP (25), PRE 14A (25), 425 (24), 8-K/A (21), S-3/A (19), SC 13D/A (18), SC TO-I/A (16), 5 (12), 10-K/A (10), FWP (10), 424B7 (9), 424B2 (8), ARS (7), SC 13D (7), 10-Q/A (5), S-4/A (5), SC 14D9/A (5), 8-A12G/A (4), RW (4), SC TO-C (4), SC TO-T/A (4), PRER14A (3), 10-12G/A (2), 8-A12B (2), 8-A12B/A (2), D (2), DEFR14A (2), DEFS14A (2), NT 10-Q (2), PRES14A (2), S-1/A (2), S-3ASR (2), S-4 (2), SC TO-I (2), SC14D9C (2), 15-12B (1), 15-12G (1), 25-NSE (1), 3/A (1), 424B4 (1), 8-A12G (1), NT 10-K (1), POS462B (1), POSASR (1), REGDEX (1), S-1 (1), S-3MEF (1), SC 14D9 (1), SC TO-T (1)
- Latest filingsAnnual report (10-K) Mar 6, 2023
Quarterly report (10-Q) May 15, 2023
Proxy statement (DEF 14A) Apr 28, 2023
Latest 8-K (8-K) Jun 26, 2023
Links
- Websitewww.ctibiopharma.com1
- WikidataQ28669445
- SEC EDGARCIK 891293
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataCTI BioPharma on Wikidata
- 2SEC EDGARCTI BioPharma filings on SEC EDGAR
- 3
- 4Wikimedia CommonsCTI BioPharma logo by Bisvictor, CC BY-SA 4.0
- 5SEC EDGARCTI BioPharma filings on SEC EDGAR
- 6SEC EDGARCTI BioPharma 10-K for fiscal 2022
- 7SEC EDGARCTI BioPharma 10-K for fiscal 2016
- 8SEC EDGARCTI BioPharma 10-K for fiscal 2017
- 9SEC EDGARCTI BioPharma 10-K for fiscal 2018
- 10SEC EDGARCTI BioPharma 10-K for fiscal 2019
- 11SEC EDGARCTI BioPharma 10-K for fiscal 2020
- 12SEC EDGARCTI BioPharma 10-Q for fiscal 2022
- 13SEC EDGARCTI BioPharma 10-Q for fiscal 2022
- 14SEC EDGARCTI BioPharma 10-Q for fiscal 2023
- 15
- 16
- 17
- 18SEC EDGARCraig Philips, President
- 19
- 20
- 21SEC EDGARJames K. Fong, Officer
- 22SEC EDGARAdam R. Craig, Officer
- 23SEC EDGARDavid Kirske, Officer
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32SEC EDGARMark N. Lampert, Board member
- 33SEC EDGARMatthew D. Perry, Board member
- 34SEC EDGARDiane L. Parks, Board member
- 35SEC EDGARMichael A. Metzger, Board member
- 36SEC EDGARMatthew Plunkett, Board member
- 37SEC EDGARDavid Ross Parkinson, Board member
- 38SEC EDGARLaurent Fischer, Board member
- 39SEC EDGARKaren Ignagni, Board member
- 40SEC EDGARReed Vaughn Tuckson, Board member
- 41SEC EDGARRichard L. Love, Board member
- 42SEC EDGARMary Oneil Mundinger, Board member
- 43
- 44SEC EDGARJohn H. Bauer, Board member
- 45SEC EDGARFred Telling, Board member
- 46
- 47SEC EDGAROther events
- 48
- 49SEC EDGARResults of operations
- 50SEC EDGARResults of operations
- 51SEC EDGARExecutive or director change
- 52SEC EDGAROther events
- 53SEC EDGAROther events
- 54SEC EDGARResults of operations
- 55
- 56SEC EDGARResults of operations
- 57SEC EDGARResults of operations
- 58
- 59
- 60
- 61
- 62SEC EDGARBlackRock SC 13G on CTI BioPharma
- 63
- 64
- 65
- 66
- 67
- 68SEC EDGARCTI BioPharma filing with the SEC