Nov 9, 2018
Biotechnology company CytoDyn (OTCQB: CYDY) this morning announced the featured interview of its President and CEO Nader Z. Pourhassan, Ph.D. with Stock Day’s Everett Jolly. Jolly initiated the discussion by asking about CytoDyn’s PRO 140. The company’s flagship product is a humanized IgG4 monoclonal antibody that is designed to bind to cellular receptor CCR5, which plays various roles with implications in HIV, tumor metastasis and immune signaling. Pending FDA approval, which the company hopes to secure in Q4 2019, Pourhassan indicates that PRO 140 may be available to the public in 2020. “Most biotech companies, when they finish the biologic application, they have an 85% chance to get approved. 9 out of 10 who don’t get approved is because of the safety of the product. Our product has received fast track designation due to having great safety among all of the approved drugs,” Nader Z. Pourhassan, Ph.D., president and CEO of CytoDyn, stated in the news release.
To hear the Stock Day Podcast featuring the interview, visit http://nnw.fm/kYJU8
To view the full press release, visit http://nnw.fm/4Q7xo
About CytoDyn
CytoDyn is a biotechnology company developing innovative treatments for multiple therapeutic indications based on PRO 140 (leronlimab), a novel humanized monoclonal antibody targeting the CCR5 receptor. CCR5 plays a key role in the ability of HIV to enter and infect healthy T-cells. The CCR5 receptor is also implicated in tumor metastasis and in immune-mediated illnesses such as graft-vs-host disease (GvHD) and NASH. CytoDyn has successfully completed a Phase 3 pivotal trial with PRO 140 in combination with standard anti-retroviral therapies in HIV-infected treatment-experienced patients. The Company plans to seek FDA approval for PRO 140 in combination therapy and plans to complete the filing of a Biological License Application (BLA) in the first quarter of 2019 for that indication. CytoDyn is also conducting a Phase 3 investigative trial with PRO 140 as a once-weekly monotherapy for HIV-infected patients, and plans to initiate a registration-directed study of PRO 140 monotherapy indication, which if successful, could support a label extension. Clinical results to date from multiple trials have shown that PRO 140 can significantly reduce viral burden in people infected with HIV with no reported drug-related serious adverse events (SAEs). Moreover, results from a Phase 2b clinical trial demonstrated that PRO 140 monotherapy can prevent viral escape in HIV-infected patients, with some patients on PRO 140 monotherapy remaining virally suppressed for more than four years. CytoDyn is also conducting a Phase 2 trial to evaluate PRO 140 for the prevention of GvHD and expects to initiate clinical trials with PRO 140 in metastatic triple-negative breast cancer in 2018. For more information, visit the company’s website at www.CytoDyn.com
More from NetworkNewsBreaks
NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Comprehensive POS Solution, Aptito NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Wins 2019 CES Innovation Award NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) Brings to Market its Cranberry & Shortbread Gummies: 2018 Holiday Limited EditionAbout NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire has received compensation from CytoDyn Inc. for providing certain investor relations, marketing and social media services, including the preparation of this report, and expects to receive additional compensation for such services in the future. This compensation includes a monthly program fee.
The Madurantakam and Dharapuram bypolls will see a five-cornered contest with the Left parties announcing their candidates for the polls
DMK leader Kanimozhi met Mamata Banerjee in Kolkata on Thursday. This meeting follows discussions with Uddhav Thackeray and Sharad Pawar. Strains between DMK and Congress have emerged recently. The TMC and Congress have also sparred over a West Bengal bypoll. Kanimozhi's outreach sparks speculation about opposition coordination efforts.
With general-sale tickets sold out, AIFF will offer 14,000 discounted tickets through East Bengal, Mohun Bagan and Mohammedan Sporting for India's October 3 clash against Brazil.
Continuous heavy rainfall has triggered landslides, mudflows and road blockages across Gangtok district, damaging homes and public infrastructure and disrupting connectivity. The District Disaster Management Authority has launched a multi-agency damage assessment, ordered road and debris clearance, and advised residents to avoid landslide-prone areas as teams inspect affected locations.
Continuous heavy rainfall has triggered landslides, mudflows and road blockages across Gangtok district, damaging homes and public infrastructure and disrupting connectivity. The District Disaster Management Authority has launched a multi-agency damage assessment, ordered road and debris clearance, and advised residents to avoid landslide-prone areas as teams inspect affected locations.
Moody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving this optimistic economic outlook. This revised forecast surpasses projections from the IMF and S&P Global Ratings. However, elevated energy prices and potential El Niño disruptions remain key risks. Fiscal consolidation is expected to continue gradually over the next few years.
A report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The state budget aligns with productivity and capital formation goals. Investment incentives and single window clearance aim to boost realization. Infrastructure and federal alignment are key steps for future growth.
A report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The state budget aligns with productivity and capital formation goals. Investment incentives and single window clearance aim to boost realization. Infrastructure and federal alignment are key steps for future growth.
The IMD has forecast rainfall, thunderstorms and gusty winds across India from September 17-23, with isolated heavy to very heavy rainfall likely in states including Punjab, Chhattisgarh, Odisha and parts of the Northeast. South Peninsular India, particularly Tamil Nadu, Kerala and coastal Andhra Pradesh, may see gusty winds reaching up to 60 kmph alongside sustained rainfall through the week, with strong surface winds also expected in some areas.
India vs Brazil: AIFF offers 14,000 discounted tickets to Kolkata clubs
LNG Canada partners may decide on a Phase 2 expansion next month. This expansion would double the facility's export capacity to twenty-eight million metric tons. Asian buyers seek supply security amid global shipping disruptions and conflicts. Tight global markets and demand growth drive interest in new LNG projects. Indigenous communities have an option to invest up to one billion Canadian dollars.
Merriam-Webster has added 1,400 new words and definitions to its online dictionary. These additions include internet slang, AI terminology, and modern lifestyle expressions. Terms like 'vibe coding', 'AGI', and 'parasocial' now feature in the recognized lexicon. Food trends and everyday life expressions also received new entries. This update reflects language's evolution across technology and popular culture.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.