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Phio Pharmaceuticals Announces New Chief Financial Officer MARLBOROUGH, Massachusetts - (Newsfile Corp.

Key Takeaway: Phio Pharmaceuticals has appointed Robert M. Infarinato as its new Chief Financial Officer, effective August 1, 2024. Infarinato brings over 20 years of financial leadership experience, having previously served in key positions at several health care organizations. He will oversee essential functions such as accounting, finance, and investor relations at Phio. The company is focused on developing its INTASYL siRNA gene silencing technology, which aims to improve immune responses in cancer treatment.

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POSITIVE FACTORS

  • Appointment of Robert M. Infarinato as CFO brings extensive experience.
  • Infarinato has over 20 years of financial and accounting leadership.
  • Phio's proprietary INTASYL technology aims to enhance cancer treatment.

Full Press Release Details

Phio Pharmaceuticals
MARLBOROUGH, Massachusetts - (Newsfile
Corp. - August 1, 2024) -- Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company whose proprietary INTASYL
siRNA gene silencing technology is designed to make immune cells more effective in killing tumor cells, today announced the appointment
of Robert M. Infarinato to the position of vice president and chief financial officer effective August 1, 2024. He will serve in the capacity
of Principal Financial Officer including responsibility for accounting, finance, treasury, investor relations and administration.
Mr. Infarinato comes to Phio with more than
20 years of financial and accounting leadership experience. He most recently was head of a consulting firm, advising on operational matters
including the funding and IPO process. Previous positions include serving as Chairman of the Board of Trustees and Chair of the Finance
Committee with Abington Health, executive Vice President and CFO of an international service company, Vice President Taxation and Corporate
Controller at Rhone Poulenc Rorer, and Treasurer and Tax Manager-Europe for Pfizer.
"I am pleased to welcome Robert to the
Phio executive management team," said Robert Bitterman, CEO of Phio Pharmaceuticals. "Bob's skillset is only exceeded
by his breadth of experience across multiple financial functions within the health care space. I look forward to his participation as
a valuable contributor in guiding our company forward."
About Phio Pharmaceuticals Corp.
Phio Pharmaceuticals Corp. (Nasdaq: PHIO) is a clinical stage biotechnology
company whose proprietary INTASYL siRNA gene silencing technology is designed to make immune cells more effective in killing tumor
cells. INTASYL is the only self-delivering RNAi technology focused on immuno-oncology therapeutics. INTASYL drugs precisely target specific
proteins that reduce the body's ability to fight cancer, without the need for specialized formulations or drug delivery systems.
For additional information, visit the Company's website, www.phiopharma.com.
Phio Pharmaceuticals Corp.

Frequently Asked Questions

What is Phio Pharmaceuticals known for?

Phio Pharmaceuticals specializes in a proprietary siRNA gene silencing technology aimed at enhancing immune cells' ability to destroy tumor cells.

Who was appointed CFO of Phio Pharmaceuticals?

Phio Pharmaceuticals appointed Robert M. Infarinato as CFO on August 1, 2024.

What experience does Robert Infarinato bring?

Robert Infarinato has over 20 years of financial leadership experience in the healthcare sector.

What is INTASYL technology?

INTASYL is a self-delivering RNAi technology that targets proteins hindering cancer immunity.

How can I learn more about Phio Pharmaceuticals?

For more information, visit Phio Pharmaceuticals' website at www.phiopharma.com.

Last updated: Aug 1, 2024