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CombinatoRx, Incorporated

CombinatoRx Reports Financial Results for the Second Quarter 2009

Published in Medical Letter on the CDC and FDA, August 30th, 2009

CombinatoRx, Incorporated (NASDAQ: CRXX) reported financial results for the second quarter ended June 30, 2009.

"In the first half of the year, CombinatoRx has entered into a merger agreement with Neuromed, a late-stage product company, entered into a significant research alliance with Novartis, reported positive clinical data on three drug candidates, published key scientific findings in Nature Biotechnology, improved the financial terms in our Fovea product development collaboration and renegotiated the lease on our office and lab space to significantly reduce our long-term financial obligations," commented Robert Forrester, Interim President and CEO of CombinatoRx....

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