https://microcapdaily.com/why-cytodyn-inc-otcmktscydy-holds-all-the-cards/125665/
CytoDyn Inc (OTCMKTS:CYDY) has seen a spectacular rise in recent months from well under $0.50 back in December to recent highs of $3.50 per share. The stock has transformed into a volume leader regularly topping $10 million in daily trading volume and surpassing $100 million in daily dollar volume several times in recent weeks. These are heady days indead for CYDY shareholders, many of whom have been around for years supporting Nadar and co.
It is easy to get excited about CYDY as coronavirus continues its deadly march forward infecting just under 2 million people as of this writing and growing fast. There is no known cure for covid-19 but several treatments have emerged and CytoDyn’s wunderdrug Leronlimab is at the top of the pack with highly positive results coming back. The story is starting to get picked up by the national media which could spell doom for the significant short position that has built up in CYDY over the past few months.
CytoDyn Inc (OTCMKTS:CYDY) is an emerging biotech developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. The Company has been granted a “fast-track” designation for two potential uses of leronlimab – as a combination therapy with other medications for HIV patients and for patients with metastatic triple-negative breast cancer. Leronlimab blocks CCR5 (C-C motif chemokine receptor 5), a cellular receptor important in HIV infection, tumor metastases, and other diseases. Leronlimab has completed nine clinical trials in over 800 people, including meeting its primary endpoints in a pivotal Phase 3 trial (leronlimab in combination with standard antiretroviral therapies in HIV-infected treatment-experienced patients.
Leronlimab which has been hailed as a possible wonder drug has demonstrated significant potential as a treatment for coronavirus (COVID-19). Leronlimab is believed to provide therapeutic benefit by enhancing the immune response while mitigating the “cytokine storm” that leads to morbidity and mortality in covid patients. The laboratory evaluation of the first four patients treated with leronlimab revealed that the immune profile in these patients approached normal levels and the levels of cytokines involved in the cytokine storm (including IL-6 and TNF alpha) were much improved.
More than 30 patients have been administered leronlimab under EINDs authorized by the U.S. Food and Drug Administration (FDA) in over 4 hospitals and clinics throughout the country. More than 25 hospitals, to date, have requested participation in the Company’s trials. The results coming back are highly promising and are being monitored and reported on regularly in mainstream press. CEO Nader Pourhassan said, “We continue to coordinate around the clock with healthcare professionals across the country to deliver leronlimab to patients and we are in regular contact with the FDA to ensure they receive current patient data. We are planning to rapidly enroll 75 patients and report the results to the FDA as quickly as possible.”
Mitch Tracy@MitchTracy1
Potential new COVID-19 treatment leronlimab being tested on coronavirus patients. #cydy https://www.newsweek.com/potential-new-covid-19-treatment-leronlimab-first-coronavirus-patients-1497226 …
Potential new COVID-19 treatment leronlimab being tested on coronavirus patients
A Phase II clinical trial has begun investigating the drug in patients with mild-to-moderate forms of the disease.
newsweek.com
1
12:44 AM - Apr 12, 2020
Leronlimab is all over the mainstream news as it continues to show success. A recently patient who recovered in Los Angeles Samantha Mottet credits the drug “leronlimab” for her recovery from COVID-19. The patient was on a ventilator in the ICU, where doctors tried two treatments that didn’t work. That’s when her doctor and family approached Dr. Otto Yang, a professor of medicine at UCLA’s David Geffen School of Medicine, who is leading a clinical trial of a drug called “leronlimab.” Researchers are administering the drug to COVID-19 patients across the country as a new potential treatment, and Yang offered Mottet a spot in his trial.
Dr. Otto Yang said “leronlimab” is an artificial antibody that works against the second phase of the COVID-19. That’s when the body’s immune system overreacts in response to the virus. It’s administered through an injection under the skin. “That reaction causes a lot of collateral damage so a lot of the inflammation in the lungs that causes people not to be able to breathe is this collateral damage. So the idea is that it will reduce the amount of inflammation in the lungs. In 24 hours, she started requiring less oxygen on the ventilators, and 48 hours after that, she was able to come off the ventilator all together. Then a couple of days after that, she didn’t require any oxygen at all.”
While Yang cannot be sure as to whether “leronlimab” is solely responsible for Mottet’s recovery. he said he believes there is strong evidence to support this theory.
CYDY is all over TV:
Stock Slayer@stock_slayer
$CYDY My boomer moment taking a picture of the tv yesterday, but man was I excited to see one of my OTC tickers being talked about on a national broadcast! Coverage is just getting started! #Mediabuzz #coronacure #Leronlimab #BorisJohnson #cydy #COVIDー19 #cureforcoronavirus
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7:04 PM - Apr 8, 2020
CYDY is making big moves after the Company became one of the first biotechs to have a drug that could be effective in the global fight against coronavirus COVID-19 world epidemic. leronlimab which has been hailed as a possible wonder drug has been found to have significant potential to attack a host of diseases including cancer, HIV and now coronavirus COVID-19. A growing number of patients now with serious respiratory conditions with Covid-19 around the country are being treated with leronlimab and the results coming back are highly promising with 1 LA patient Samantha Mottet crediting “leronlimab” for her recovery from COVID-19. The story is starting to get picked up by the national media which could spell doom for the significant short position that has built up in CYDY over the past few months. While there are dozens of big board biotechs looking for a coronavirus treatment its leronlimab from CytoDyn that keeps popping up mainstream press and on TV. We will be updating on CYDY when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CYDY.