Cellceutix Investors See Red Flags in Drug Study

Does Cellceutix have something to hide?
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Cellceutix'  (CTIX) CEO Leo Ehrlich recently railed against Mako Research for negative articles written about his company.  TheStreet'sAdam Feuerstein says the rant may have been a smokescreen to divert attention from the company's actual problems. Feuerstein believes the data the company reported concerning the Phase 2 study of its Prurisol drug were exaggerated and the company withheld important negative data from investors.

This article was written by a staff member of TheStreet.