CytRx announced last week that it will advance an siRNA into animal studies as a treatment for type II diabetes and obesity, marking the first time the company has decided to pursue in vivo testing of an RNAi drug candidate.

Separately this week, CytRx President and CEO Steven Kriegsman downplayed the significance of two lawsuits filed against him recently in relation to his one-time directorship of software firm AuthentiDate, stating that the suits have no impact on CytRx.

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