CytoDyn Inc. (CYDY) Stock Price Today, Quote & News
CytoDyn is actually a biotech which has been effective vigilantly but unsuccessfully to create an one-time therapy, variously named Pro 140, leronlimab, as well as Vyrologix.
In development of this particular therapy, CytoDyn has cast its net wide and far both geographically and in phrases of potential indications.
CytoDyn’s inventories of leronlimab are building up, whether they’ll ever be used is an open question.
While CYDY happens to be dawdling, promote opportunities for leronlimab as being a combination treatment in the healing of multi-drug-resistant HIV have been closing.
I am composing my fifteenth CytoDyn (OTCQB:CYDY) article on FintechZoom to celebrate the sale made of the last few shares of mine. The first CytoDyn post of mine, “CytoDyn: What To Do When It’s Too Good In order to Be True?”, set away what follows prediction:
Rather I expect it to turn into a serial disappointer. CEO Pourhassan offered such a highly marketing image in the Uptick Newswire job interview that I came away with a bad opinion of the company.
Irony of irony, my poor viewpoint of the company has grown steadily, however, 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; my closing transaction was on 2/11/21 > $6.00.
What manner of stock is this that gives a > six bagger yet still disappoints? Therein is the story; permit me to explain.
CytoDyn acquired its much-storied treatment (which I shall mean as leronlimab) back throughout 2012, announced as follows:
CytoDyn Inc…. has completed the acquisition of Pro 140, an experimental humanized monoclonal antibody (MAB) looking for the CCR5 receptor for the 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 transaction of $3.5 zillion transfers ownership of the technology as well as associated intellectual property coming from Progenics to CytoDyn, and roughly twenty five million mg of majority drug substance…. milestone payments after commencement of a stage III clinical trial ($1.5 million) as well as the first new drug program approval ($five million), as well as royalty payments of five percent of net sales upon commercialization.
Since that point in time, CytoDyn’s guiding nous, Nader Pourhassan [NP] has made this inauspicious acquisition right into a springboard for CytoDyn to buy a market place cap > $3.5 billion. It has done so in exclusive reliance on leronlimab.

As opposed to having a pipeline with numerous indications and numerous therapies, it has this individual treatment as well as a “broad pipeline of indications” since it places it. I call some pipelines, “pipedots.” In CytoDyn’s case it touts the leronlimab of its as a potentially advantageous therapy of dozens of indications.
Its opening banner on its site (below) shows an energetic company with diverse interests albeit centered on leronlimab, several illness sorts, multiple delivering presentations in addition to multiple publications.
Might 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 by the multiples of thousands of several comments on listings accessible through Seeking Alpha’s CytoDyn Summary webpage, I’m a lot from alone in this question.
CytoDyn is a classic battleground, or perhaps some might say cult stock. Its adherents are fiercely protective of the prospects of its, quick to label some bad opinions as scurrilous short-mongering.
CytoDyn Inc. (CYDY) Stock Price Today, Quote & News