LOS ANGELES--(BUSINESS WIRE)--CytRx Corporation (NASDAQ:CYTR) today announced plans to expand its research and development of therapeutic products based on its novel, orally-administered molecular chaperone amplification technology, including broadening its clinical focus beyond the treatment of diseases related to the central nervous system. CytRx also announced its intent to open a San Diego-based research and development facility in the third quarter of 2007 to provide it with a dedicated laboratory to accelerate its molecular chaperone drug development programs.
