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NEORX DECLARES DIVIDEND

 NEORX DECLARES DIVIDEND
 SEATTLE, Nov. 6 /PRNewswire/ -- NeoRx Corporation (NASDAQ: NERX)


today reported that its board of directors declared a cash dividend of $1.21875 per share on its preferred stock, Series 1, payable Dec. 1, 1992, to holders of record at the close of business on Nov. 17, 1992.
 NeoRx Corporation develops targeted biopharmaceutical products that detect and treat human illnesses with a primary focus on cancer. The company has three cancer therapy trials in progress, has filed for marketing approval with the Food and Drug Administration for two OncoTrac(R) cancer imaging products, and has completed a phase III trial for a third imaging product. Targeted biopharmaceuticals to treat cancer, restenosis after angioplasty, and autoimmune diseases are in pre-clinical testing.
 -0- 11/6/92
 /CONTACT: Robert M. Littauer, vice president, chief financial officer and treasurer of NeoRx, 206-281-7001, ext. 519; or Anthony J. Russo or Susan A. Noonan of Noonan/Russo Communications, 212-979-9180, for NeoRx/
 (NERX) CO: NeoRx Corporation ST: Washington IN: MTC SU: DIV


GK-LR -- NY042 -- 8219 11/06/92 13:43 EST
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Publication:PR Newswire
Date:Nov 6, 1992
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