Jun 27 2012
RXi Pharmaceuticals Corporation (OTCBB: RXII.OB) today announced that it 
      successfully initiated its first ever clinical study with an RNAi 
      compound, RXI-109, using their proprietary self-delivering RNAi 
      technology. RXI-109 has been shown to effectively silence a key 
      regulator of scarring, connective tissue growth factor (CTGF), in 
      vitro in cell culture and in vivo in rodent skin models. 
      After completion of the necessary toxicological studies and clearance of 
      their IND submission by the US Food and Drug Administration, they have 
      now successfully dosed their first subject in a dose escalation study.
    
"This is an exciting time for RXi Pharmaceuticals, and for RNAi 
      technology in general," said Pamela Pavco, Chief Development Officer for 
      the company. "After an intense period of preparation, we are happy to 
      announce the achievement of this significant milestone by RXi." She 
      added that "Thanks to the potential of our proprietary self-delivering 
      technology, we believe that RXI-109 will provide a highly selective and 
      efficacious solution to an important unmet medical need. RXI-109 is 
      designed to reduce or prevent skin scarring following trauma or surgery 
      and is intended to reduce disfiguring hypertrophic scarring and 
      keloids." RXi's Phase 1 clinical trial is a dose escalation study 
      designed to evaluate safety and tolerability of RXI-109 in humans and 
      may provide preliminary evidence of the reduction of surgical scars.
    
    
 
Source:
RXi Pharmaceuticals Corporation