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CytoDyn to Hold Webcast to Discuss the Performance of Leronlimab in Clinical Trials and Recent Charges Against Former CEO

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CytoDyn Inc. (OTCQB: CYDY) will hold a webcast on December 29, 2022, at 8:00 a.m. PT to discuss the performance of its investigational drug, leronlimab, in clinical trials. The discussion will also address recent charges against former CEO Nader Pourhassan, who was terminated on January 24, 2022, and has since had no association with the company. CytoDyn is focused on developing leronlimab for various therapeutic applications, including infectious diseases, cancer, and autoimmune conditions. The webcast replay will be available until January 29, 2023.

Positive
  • Webcast scheduled to discuss leronlimab's clinical trial performance.
  • Focus on multiple therapeutic indications for leronlimab.
Negative
  • Recent charges against former CEO Nader Pourhassan could raise concerns about management stability.

VANCOUVER, Washington, Dec. 23, 2022 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTCQB: CYDY) ("CytoDyn" or the "Company"), a biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, will hold a webcast on December 29, 2022 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the performance of leronlimab in its clinical trials and the recent charges against its former CEO Nader Pourhassan, who was previously terminated on January 24, 2022, and has had no affiliation with the Company since that time.

Webcast Access Information

Date:Thursday, December 29, 2022
Time:8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time
Access:https://event.choruscall.com/mediaframe/webcast.html?webcastid=i2RX9JZG

The replay will be available approximately 60 minutes after the conclusion of the webcast and can be accessed via the above link until January 29, 2023.

About CytoDyn
CytoDyn is a clinical-stage biotechnology company focused on the development and commercialization of leronlimab, an investigational humanized IgG4 monoclonal antibody (mAb) that is designed to bind to C-C chemokine receptor type 5 (CCR5), a protein on the surface of certain immune system cells that is believed to play a role in numerous disease processes. CytoDyn is studying leronlimab in multiple therapeutic areas, including infectious disease, cancer, and autoimmune conditions.

CONTACTS
Investors:
Cristina De Leon
Office: 360.980.8524
ir@cytodyn.com

Media:
Greg Salsburg
STiR Communications
info@stir-communications.com


FAQ

What is the purpose of CytoDyn's December 29, 2022 webcast?

The webcast aims to discuss the performance of leronlimab in its clinical trials and address charges against former CEO Nader Pourhassan.

What is leronlimab being studied for?

Leronlimab is being investigated for potential therapeutic applications in infectious diseases, cancer, and autoimmune conditions.

When was Nader Pourhassan terminated from CytoDyn?

Nader Pourhassan was terminated on January 24, 2022.

When will the replay of the webcast be available?

The replay will be accessible approximately 60 minutes after the conclusion of the webcast and will be available until January 29, 2023.

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