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CytRx to Present at the Jefferies 2010 Global Life Sciences Conference


Published on 2010-06-04 18:20:23 - Market Wire
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LOS ANGELES--([ BUSINESS WIRE ])--CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical company specializing in oncology, today announced that David J. Haen, CytRxa™s Vice President of Business Development, will present at the Jefferies 2010 Global Life Sciences Conference on Friday, June 11, 2010, at 12:45 p.m. Eastern time (9:45 a.m. Pacific time) in New York City.

The CytRx presentation will include a discussion of the Companya™s actions to advance the clinical development of its high-value oncology development pipeline, including a discussion of its recently initiated Phase 2 clinical trial to evaluate the efficacy and safety of bafetinib in patients with high-risk B-cell chronic lymphocytic leukemia, and plans to initiate up to five additional Phase 2 oncology clinical trials in 2010. A live webcast of the presentation will be available at [ www.cytrx.com ] and a webcast replay will be archived on the Companya™s Web site for 90 days.

About CytRx Corporation

CytRx Corporation is a biopharmaceutical research and development oncology company engaged in the development of high-value human therapeutics. The CytRx oncology pipeline includes three programs in clinical development for cancer indications: INNO-206, bafetinib and tamibarotene. The Company recently announced initiation of a Phase 2 clinical trial with bafetinib as a treatment for high-risk B-cell chronic lymphocytic leukemia, and plans to initiate two additional Phase 2 clinical trials in glioblastoma multiforme (a common and aggressive type of primary brain tumor) and advanced prostate cancer. CytRx also recently announced plans to initiate three Phase 2 clinical trials with its oncology candidate INNO-206 as a treatment for pancreatic cancer, gastric cancer and soft tissue sarcomas. In addition, CytRx is developing two drug candidates based on its industry-leading molecular chaperone technology, which aims to repair or degrade misfolded proteins associated with disease. CytRx also maintains a 28% equity interest in publicly traded RXi Pharmaceuticals, Inc. (NASDAQ:RXII). For more information on the Company, visit [ http://www.cytrx.com ].

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