RXi Pharma's RXI-109 shows positive effect in mid-stage scar revision study; shares ahead 13% premarket [Seeking Alpha]
RXI PHARMACEUTICALS CORP (RXII)
Last rxi pharmaceuticals corp earnings: 11/14 07:10 am
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Source: Seeking Alpha
RXi Pharma's RXI-109 shows positive effect in mid-stage scar revision study; shares ahead 13% premarketThinly traded nano cap RXi Pharmaceuticals (NASDAQ:RXII) is up13% premarket on increased volume in response to itsannouncement of positive results from a open-label Phase 2 study, RXI-109-1402, assessing lead candidate RXI-109 in scar revision surgery.The study met the primary endpoint of a statistically significant improvement in the visual appearance of scars after surgery as determined by the investigator.On the safety front, RXI-109 was safe and well-tolerated.Complete results will be submitted for presentation at a future scientific conference.RXI-109 is a self-delivering RNAi (sd-rxRNA) compound developed to target connective tissue growth factor, a key regulator of scar formation.See all stocks on the move »
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