RXi Pharmaceuticals has completed patient dosing in the second of two phase I trials of its lead drug candidate, the anti-scarring agent RXI-109, and is on track to initiating a phase II study before the end of the year, the company's top executive said last week.

Speaking at this year's Biotechnology Industry Organization's BIO-CEO event, RXi President and CEO Geert Cauwenbergh also disclosed limited phase I data on RXI-109 that, while still blinded, offer hints of efficacy.

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The US Food and Drug Administration has new guidelines that enable some gene and cell therapies to undergo expedited review, according to the New York Times.

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