NetworkNewsBreaks – CytoDyn Inc. (CYDY) Appoints
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Posted On: 12/26/2018 3:40:53 PM
NetworkNewsBreaks – CytoDyn Inc. (CYDY) Appoints Chief Technology Officer Nitya G. Ray, Ph.D.
Biotechnology company CytoDyn (OTCQB: CYDY) today announced that it has named Nitya G. Ray, Ph.D. to serve as its new chief technology officer – head of process sciences, manufacturing & supply chain. Dr. Ray, from November 2015 to June 2017, served as CytoDyn’s senior vice president of manufacturing. Most recently, he served Actinium Pharmaceuticals, Inc. as its executive vice-president, head of product development, manufacturing and supply chain. Prior to joining CytoDyn in 2015, Dr. Ray was senior vice president at Progenics Pharmaceuticals, Inc. and, during his 14-year tenure there, was responsible for manufacturing, process and analytical sciences, and quality control. Dr. Ray possesses extensive knowledge of leronlimab (“PRO 140”) development and, at Progenics, successfully manufactured the first 10 batches of leronlimab under GMP, which was approved by the FDA for use in all clinical trials.
“We are pleased to have Dr. Ray return to our company to lead the final preparation of all CMC activities in connection with our upcoming BLA filing and drug supply for product launch,” CytoDyn President and CEO Nader Pourhassan, Ph.D. stated in the news release. “Dr. Ray, with his intimate knowledge of leronlimab (“PRO 140”) CMC development, is uniquely qualified to lead our preparation for the commercial launch of leronlimab in 2020 to meet the expected demand for significant revenue opportunities. CytoDyn is also anticipating to have early interim data for triple negative breast cancer in the first quarter of 2019. If such results are positive, our need for large quantities of leronlimab may be accelerated.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Biotechnology company CytoDyn (OTCQB: CYDY) today announced that it has named Nitya G. Ray, Ph.D. to serve as its new chief technology officer – head of process sciences, manufacturing & supply chain. Dr. Ray, from November 2015 to June 2017, served as CytoDyn’s senior vice president of manufacturing. Most recently, he served Actinium Pharmaceuticals, Inc. as its executive vice-president, head of product development, manufacturing and supply chain. Prior to joining CytoDyn in 2015, Dr. Ray was senior vice president at Progenics Pharmaceuticals, Inc. and, during his 14-year tenure there, was responsible for manufacturing, process and analytical sciences, and quality control. Dr. Ray possesses extensive knowledge of leronlimab (“PRO 140”) development and, at Progenics, successfully manufactured the first 10 batches of leronlimab under GMP, which was approved by the FDA for use in all clinical trials.
“We are pleased to have Dr. Ray return to our company to lead the final preparation of all CMC activities in connection with our upcoming BLA filing and drug supply for product launch,” CytoDyn President and CEO Nader Pourhassan, Ph.D. stated in the news release. “Dr. Ray, with his intimate knowledge of leronlimab (“PRO 140”) CMC development, is uniquely qualified to lead our preparation for the commercial launch of leronlimab in 2020 to meet the expected demand for significant revenue opportunities. CytoDyn is also anticipating to have early interim data for triple negative breast cancer in the first quarter of 2019. If such results are positive, our need for large quantities of leronlimab may be accelerated.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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