CytoDyn Inc. (CYDY) Stock Price Today, Quote & News
CytoDyn is a biotech that has been effective faithfully but unsuccessfully to develop a single therapy, variously named Pro 140, leronlimab, as well as Vyrologix.
In development of this particular treatment, CytoDyn has cast its net far and wide both geographically and in terminology of possible indications.
CytoDyn’s inventories of leronlimab are actually building up, whether they will ever be being used is an open question.
While CYDY has been dawdling, market opportunities for leronlimab as being a combination treatment in the healing of multi-drug-resistant HIV have been closing.
I’m writing my fifteenth CytoDyn (OTCQB:CYDY) report on FintechZoom to celebrate the sale made of the past several shares of mine. The first CytoDyn post of mine, “CytoDyn: What to be able to Do When It’s Too Good To Be True?”, set away what follows prediction:
Rather I expect it to become a serial disappointer. CEO Pourhassan offered such a highly promotional image in the Uptick Newswire job interview that I came away with a bad opinion of the business.
Irony of irony, my bad opinion of the business has grown steadily, although the disappointment has not been financial. Two decades ago CytoDyn was trading <$1.00. On 2/19/20 as I create, it trades at $5.26; the closing transaction of mine was on 2/11/21 > $6.00.
What manner of stock is it that delivers a > six bagger yet still disappoints? Therein lies the story; allow me to explain.
CytoDyn acquired its much-storied treatment (which I shall refer to as leronlimab) back throughout 2012, announced as follows:
CytoDyn Inc…. has finished the acquisition of Pro 140, an experimental humanized monoclonal antibody (MAB) targeting the CCR5 receptor for your treatment as well as avoidance of HIV, from Progenics Pharmaceuticals, Inc. of Tarrytown, NY. Pro 140 is actually a late Stage II clinical growth mAb with demonstrated anti viral activity in HIV infected subjects. Today’s payment of $3.5 huge number of transfers ownership of the technology and connected intellectual property coming from Progenics to CytoDyn, and also roughly twenty five million mg of majority drug substance…. milestone payments after commencement of a stage III clinical trial ($1.5 million) and also the very first new drug program endorsement ($5 million), as well as royalty payments of 5 % of net sales upon commercialization.
Since that point in time, CytoDyn’s helping nous, Nader Pourhassan [NP] has turned this inauspicious acquisition right into a springboard for CytoDyn to acquire a sector cap > $3.5 billion. It’s done so in premium reliance on leronlimab.

As opposed to having a pipeline with many indications and many therapies, it has this single treatments and a “broad pipeline of indications” because it places it. I call certain pipelines, “pipedots.” In CytoDyn’s situation it touts the leronlimab of its as a likely advantageous therapy of dozens of indications.
Its opening banner on its website (below) shows an active company with diverse interests albeit focused on leronlimab, several illness sorts, multiple publications and multiple delivering presentations.
Can all this be smoke cigarettes and mirrors? That’s a question I have been asking myself from the very beginning of my interest in this particular business. Judging with the multiples of thousands of various remarks on listings accessible via Seeking Alpha’s CytoDyn Summary webpage, I am far from alone in this question.
CytoDyn is a classic battleground, or even some might say cult inventory. Its adherents are fiercely protective of its prospects, quick to label some negative opinions as scurrilous short mongering.
CytoDyn Inc. (CYDY) Stock Price Today, Quote & News