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February 27, 2007

RXi Pharma appoints board

Worcester-based RXi Pharmaceuticals Corp., a subsidiary of Los Angeles-based CytRx Corp., announced the formation of a five-member board.

The director appointments include: Mark Ahn, president, CEO and director of Hana Biosciences Inc.; Stephen S. Galliker, executive vice president, finance and administration, and CFO of Dyax Corp.; Sanford J. Hillsberg, managing partner of Troy & Gould Professional Corp.; Steven A. Kriegsman, director, president and CEO of CytRx; Tod Woolf, president and CEO of RXi.

RXi's initial focus is on developing RNAi-based therapeutics for the treatment of various disorders, including neurodegenerative diseases, type 2 diabetes and obesity.

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