Cytodyn Inc Stock Price, News & Analysis

CytoDyn Inc. (CYDY) has signed an exclusive supply agreement with Chiral Pharma Corporation to distribute 200,000 vials of leronlimab for critically ill COVID-19 patients in the Philippines under a Compassionate Special Permit. This rapid partnership aims to expedite treatment availability. CytoDyn is also working to leverage clinical trial data to seek Emergency Use Authorizations (EUAs) in other countries experiencing COVID-19 surges. The company's ongoing trials include those for HIV, metastatic breast cancer, and post-COVID syndromes, highlighting its diverse therapeutic approach.

CytoDyn Inc. (OTC.QB: CYDY) announced that its COVID-19 long-haulers study, known as CD15, is fully enrolled with 56 patients, surpassing expectations. This Phase 2 trial aims to evaluate the safety and efficacy of Vyrologix™ (leronlimab) for treating Post-Acute COVID Syndrome (PACS). Results are anticipated in July, with the trial concluding in early June. Given the pandemic's scale, an estimated 20-60 million patients could benefit from effective treatments. The FDA has previously granted Fast Track designation to leronlimab for HIV and metastatic cancer therapies.

CytoDyn Inc. (OTC.QB: CYDY) is delivering leronlimab to a Philippine hospital for 28 critically ill COVID-19 patients under a new Coordinated Special Project (CSP). The company is negotiating the potential future delivery of 100,000 vials to the Philippines. CytoDyn has received Fast Track designation from the FDA for leronlimab for HIV and metastatic cancer. The company has completed several clinical trials, including a pivotal Phase 3 trial for HIV, and is conducting trials for NASH and post-acute COVID-19 symptoms. CytoDyn aims to refile its Biologics License Application by mid-2021.

CytoDyn Inc. (OTC.QB: CYDY) has signed an exclusive supply and distribution agreement with Biomm S.A. to sell leronlimab in Brazil, pending regulatory clearances. Leronlimab, a CCR5 antagonist, is being investigated for various conditions including Long-Hauler COVID-19, NASH, and cancer. Biomm aims to provide leronlimab to critically ill COVID-19 patients. CytoDyn's CEO expressed excitement over this advancement for Brazilian patients and a long-term partnership with Biomm.

CytoDyn Inc. (OTC.QB: CYDY) has announced a rescheduled investment community webcast set for April 7, 2021. Key executives, including CEO Nader Pourhassan, will update stockholders on recent company activities, particularly focusing on COVID-19 initiatives and multiple ongoing clinical trials. The event aims to address investor inquiries, providing a platform for questions that can be submitted online. This 60-minute webcast is available on CytoDyn’s corporate website and will be archived for 30 days.

CytoDyn Inc. (OTC.QB: CYDY) announced the completion of a $25 million convertible debt offering with an institutional investor. The note matures in two years at 10% interest and is secured by company assets. This financing aims to support the availability of leronlimab for potential COVID-19 treatment approvals. CytoDyn is also progressing in its clinical trials for HIV and metastatic cancer. The FDA has granted Fast Track designation for leronlimab in treating HIV and metastatic triple-negative breast cancer, highlighting its promising therapeutic potential.

CytoDyn Inc. (OTC.QB: CYDY) announced significant improvement in the first Compassionate Special Permit (CSP) patient in the Philippines after receiving a 700 mg injection of Vyrologix™ (leronlimab) for COVID-19. The patient, previously on high-flow oxygen, was discharged from the hospital just 35 hours post-injection. CytoDyn plans to supply at least 100,000 doses of leronlimab pending Emergency Use Authorization in the Philippines. The company highlights the treatment's potential, backed by previous clinical trials showing a significant reduction in mortality among critically ill COVID-19 patients.

CytoDyn (CYDY) announced an investment community webcast on April 6, 2021, hosted by its executive team, including CEO Nader Pourhassan and CMO Scott Kelly. The update will cover the company's recent initiatives related to COVID-19, as well as ongoing trials for NASH and cancer treatments. The session will be approximately 60 minutes long, allowing for questions submitted by analysts and investors. Participants can access the webcast on CytoDyn's corporate website and a replay will be available for 30 days afterwards.

CytoDyn Inc. (OTC.QB: CYDY) announced it will extend its leronlimab treatment for critically ill COVID-19 patients to four weeks after achieving an 82% reduction in mortality at 14 days in earlier trials. The FDA has received a new protocol as the company pursues emergency use authorizations in multiple countries, including Brazil, the UK, and Canada. CytoDyn's leronlimab also has Fast Track designation for HIV and metastatic cancer treatment.

The company plans to enroll patients and believes longer treatment will improve survival rates in patients with COVID-19.