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September 10, 2009

DiPalma Lands At Watertown's EnVivo

Stephen J. DiPalma, former CFO of Worcester-based RXi Pharmaceuticals Corp., has been named CFO of EnVivo Pharmaceuticals in Watertown.

The CFO position is new to EnVivo and was created to better manage the growing company's business opportunities, the company said.

Like RXi, EnVivo is a biopharmaceutical firm. It is developing drugs for central nervous system disorders and is currently focused on treatments for Alzheimer's disease, cognitive disorders and schizophrenia.

DiPalma left RXi late last month. He was CFO of the company when it went public last year. EnVivo is privately held.

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