RXi Pharmaceuticals Licenses Novel, Targeted Cancer Vaccine for Gynecological Cancers

WORCESTER, Mass., Sept. 21, 2011 (GLOBE NEWSWIRE) -- RXi Pharmaceuticals Corporation (Nasdaq:RXII), a biotechnology company focused on discovering, developing and commercializing innovative therapies addressing major unmet medical needs using targeted biotherapeutics, announced today that it licensed worldwide rights to develop and commercialize a Folate Binding Protein-E39 (FBP) targeted vaccine to prevent recurrence in gynecological cancers such as ovarian and endometrial adenocarcinomas. The FBP vaccine was licensed from The University of Texas M D Anderson Cancer Center (MD Anderson) and Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF). FBP has been granted Investigational New Drug (IND) approval by the U.S. Food and Drug Administration (FDA) to enter clinical trials. Institutional Review Board (IRB) approval has also been received allowing RXi to initiate Phase 1 trials by the end of 2011.

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