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RXi Reports Lower Q1 Losses


RXi Pharmaceuticals this week reported its first-quarter financial results, posting a drop in its net loss to $3.9 million, or $0.24 per share, from $4.2 million, or $0.30 per share, the year before.

Research and development spending increased to $1.9 million from $1.4 million, primarily due to an increase in non-employee non-cash share-based compensation, as well as compensation and related expenses related to new employees brought on to support the company's collaborations and internal discovery efforts.

General and administrative costs, meanwhile, shrank to $2.5 million from $2.8 million in the first quarter last year.

As of March 31, RXi had cash and cash equivalents totaling $14.9 million. In a filing with the US Securities and Exchange Commission, the company said it expects to have enough cash to fund operations through at least the first half of 2011.

The Scan

WHO Seeks Booster Pause

According to CNN, the World Health Organization is calling for a moratorium on administering SARS-CoV-2 vaccine boosters until more of the world has received initial doses.

For Those Long Legs

With its genome sequence and subsequent RNAi analyses, researchers have examined the genes that give long legs to daddy longlegs, New Scientist says.

September Plans

The New York Times reports that the US Food and Drug Administration is aiming for early September for full approval of the Pfizer-BioNTech SARS-CoV-2 vaccine.

Nucleic Acids Research Papers on Targeting DNA Damage Response, TSMiner, VarSAn

In Nucleic Acids Research this week: genetic changes affecting DNA damage response inhibitor response, "time-series miner" approach, and more.