BEVERLY, MA--(Marketwire - October 22, 2012) - Cellceutix Corporation (OTCBB: CTIX) (the Company), a clinical stage biopharmaceutical company focused on discovering small molecule drugs to treat unmet medical conditions, including drug-resistant cancers and autoimmune diseases, announces an update on the status of clinical trials for the Company's novel anti-cancer drug candidate, Kevetrin???.