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NEORX DIVIDEND NOTICE

 SEATTLE, May 5 /PRNewswire/ -- NeoRx Corporation (NASDAQ: NERX) reported that its board of directors declared a cash dividend of $1.21875 per share on its preferred stock, Series 1, payable June 1, 1993 to holders of record at the close of business on May 14, 1993.
 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 FDA its OncoTrac(R) Small Cell Lung Cancer Imaging Product and has completed a phase III trial for a non-small cell lung cancer imaging agent. Targeted biopharmaceuticals to treat cancer and restenosis after angioplasty are in pre-clinical testing.
 -0- 5/5/93
 /CONTACT: Robert M. Littauer, vice president, chief financial officer and treasurer of NeoRx, 206-281-7001, ext. 519; or Bonnie K. Sterling of Noonan/Russo Communications, 212-979-9180, for NeoRx/
 (NERX)


CO: NeoRx Corporation ST: Washington IN: MTC SU: DIV

PS-SB -- NY018 -- 4703 05/05/93 08:30 EDT
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Publication:PR Newswire
Date:May 5, 1993
Words:168
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