Scottsdale, Arizona 10/24/2008 2:27:31 AM
News / Finance

RXi Pharmaceuticals Corp. (RXII) Hires Dr. Anastasia Khvorova as its First Chief Scientific Officer

www.QualityStocks.Net would like to highlight RXi Pharmaceuticals Corp. (NASDAQ: RXII). The company is a discovery-stage biopharmaceutical company pursuing the development and potential commercialization of proprietary therapeutics based on RNA interference (RNAi) for the treatment of human diseases. RXi Pharmaceuticals' rxRNA compounds are distinct from the siRNA compounds used by many other companies developing RNAi therapeutics and are very active and potent (10-100pM activity in cell culture) based on the companys internal research, in addition to being nuclease resistant and readily manufactured.

 

In the company’s news yesterday,

 

RXi Pharmaceuticals Corporation reported that it has hired Dr. Anastasia Khvorova to fill the new post of Chief Scientific Officer (CSO). RXi Pharmaceuticals expects to benefit from the six years of experience Khvorova gained in the development and supply of RNAi compounds in her last job as CSO of Dharmacon, Inc.

 

According to company President and CEO, Dr. Tod Woolf, Khvorova’s appointment adds to the scope and depth of RXi’s talent in the RNAi field. “Among her many accomplishments,” noted Woolf, “Dr. Khvorova’s group at Dharmacon designed and manufactured RNAi compounds targeting virtually all of the known human genes. Moreover, Dr. Khvorova is one of the most widely cited authors of research articles in the field of RNAi, which serves as a testament to the impact her work has had in the field. Through her ground-breaking research, Dr. Khvorova also developed “self-delivering” RNAi compounds in her previous role as CSO at Dharmacon.”

 

“I am pleased to be joining the exceptional team at RXi which includes a number of leaders in the field of RNAi. I believe that RXi is well positioned to successfully address the challenges in developing next generation RNAi therapeutics,” said Dr. Khvorova. Khvorova is a recognized expert in the RNAi field. She has obtained 30 patents, authored 150 abstracts, numerous book chapters, and more than 40 peer-reviewed articles.

 

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Forward-Looking Statement:

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