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Monday, July 6, 2020

CytoDyn inks distribution deal for leronlimab for COVID-19

CytoDyn (OTCQB:CYDY) has signed an exclusive Distribution and Supply Agreement with American Regent, a Daiichi Sankyo Group company for the  distribution of leronlimab for the treatment of COVID-19 in the U.S.
Under the terms of agreement, CytoDyn will supply leronlimab and receive quarterly payments based on a profit-sharing arrangement.
CytoDyn is currently enrolling a Phase 2b/3 clinical trial for 390 severe and critically ill COVID-19 patients.

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