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CytRx Chairman Passes Away

Los Angeles-based biopharmaceuticals research and development firm CytRx said late Tuesday that its Chairman of its Board of Directors, Dr. Max E. Link, has unexpectedly passed away. Link was 74. Link had been Chairman of the company's board since 2002, and had served on its board of directors since 1996. CytRx develops compounds being aimed at use in chemotherapy.