Just yesterday, the Philippines posted “FDA Circular No. 2020-036 || Guidelines on the Issuance of Emergency Use Authorization for Drugs and Vaccines for COVID-19” on their website, which includes instructions on how to file an application and information about the review and decision making process:
https://www.fda.gov.ph/?s=FDA+Circular+No.+2020-036+
Perhaps this guidance is what CytoDyn was waiting for to finalize and formally submit an application for EUA.