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  4. CytoDyn Inc (CYDY) Message Board

SRRA... following reverse stock split... Gilead Sc

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Post# of 154977
(Total Views: 478)
Posted On: 01/22/2020 1:38:03 PM
Posted By: aidenb
SRRA... following reverse stock split... Gilead Sciences, Inc. (Gilead) will be issued approximately 725,000 shares of common stock (on a post-split basis) and a warrant to purchase an equivalent amount of common stock, in consideration for amending the royalty rates and milestones in an Asset Purchase Agreement with Gilead for momelotinib.

PR: https://finance.yahoo.com/news/sierra-oncolog...00366.html

Gilead is getting into oncology. Can someone please elaborate on what SRRA has and comparison to CYDY.

I understand their product is second in line, for some cancers, and they are expecting Phase 3 data Q4 2021, and still a lot of uncertainties.




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