Jan 13 (Reuters) - Salarius Pharmaceuticals Inc ( SLRX )

:

* SALARIUS PHARMACEUTICALS AND DECOY THERAPEUTICS ANNOUNCE

DEFINITIVE MERGER AGREEMENT

* SALARIUS PHARMACEUTICALS INC ( SLRX ) - NEWLY FORMED COMPANY TO BE

NAMED

DECOY THERAPEUTICS

* SALARIUS PHARMACEUTICALS INC ( SLRX ) - COMBINED COMPANY TO BE LED

BY

DECOY'S CO-FOUNDERS

* SALARIUS PHARMACEUTICALS INC ( SLRX ) - NEW BOARD TO INCLUDE RICK

PIERCE,

BARBARA HIBNER, AND THREE INDEPENDENT DIRECTORS

* SALARIUS PHARMACEUTICALS INC ( SLRX ) - DECOY INVESTORS TO OWN 86%

OF

MERGED COMPANY, SALARIUS STOCKHOLDERS 14%

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