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CytoDyn Inc CYDY
(Total Views: 420)
Posted On: 12/14/2019 12:48:40 PM
Post# of 154179
Posted By: sjacobs26
Re: crazyjogger925 #12697
Yes, CYDY purchased Pro-140 (now leronlimab) from PGNX for $3.5M and some milestone payments and royalties I believe. Dr. Maddon was the CEO of PGNX and developed Pro-140. I believe he still serves as a consultant for CYDY on occasion and NP has mentioned he has been pleasantly surprised by the mono and other developments of the drug. Additionally, PGNX will receive up to 5% royalty of net sales for 10 years, so Dr. Maddon / PGNX have interests aligned with shareholders to get leronlimab approved.













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Please do your own due diligence. All my posts and comments are not to be considered investment advice.



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