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  4. CytoDyn Inc (CYDY) Message Board

“np already paid samsung about $30 million so he

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Post# of 154672
(Total Views: 563)
Posted On: 10/18/2020 7:36:45 PM
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Posted By: ClosetInvestor
Re: crazyjogger925 #61870
“np already paid samsung about $30 million so he owes this amount too.”

CYDY owes $65 million to Samsung by the end of 2020. They already paid $37 million and by simple math, still owe $28 million by the end of 2020 (these numbers are all from the quarterly report, which I pasted below).

“...with approximately $65 million payable over the course of calendar 2020, of which $37 million has been paid as of the date of this filing...”

“i was thinking cydy should focus on deals in other countries..should be an interesting tuesday?imo“

Deals in other countries have been discussed her extensively, especially for COVID. It’s likely that most countries will require S/C data prior to approval as the S/C population is of lost concern. At this time, prior to the CC, as far as we know the data is still blinded and thus NP cannot share it with other countries. Now, if the DSMC recommends to halt the trial OR NP decided to unblind the data, he can then share it with these other countries who may be willing to approve the drug if the efficacy is clear.


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