CytoDyn Closes $17.5 Million Financing to Fund Continued Development of Leronlimab [Yahoo! Finance]
CYTODYN INC (CYDY)
NASDAQ:AMEX Investor Relations:
ir.cytodyn.com
Company Research
Source: Yahoo! Finance
oncology company advancing leronlimab, a first-in-class humanized monoclonal antibody targeting the CCR5 receptor with therapeutic potential across multiple indications, including triple-negative breast cancer (TNBC) and metastatic colorectal cancer (mCRC), today announced that it has closed on a financing of $17.5 million in gross proceeds, with Paulson Investment Company acting as placement agent. The demand from both new and current investors highlights confidence in CytoDyn's clinical progress and its versatile development strategy in immuno-oncology, exploring a number of potential roles for leronlimab – the Company's first-in-class humanized monoclonal antibody that targets the CCR5 receptor. “The successful completion of this financing in a challenging capital markets environment reflects meaningful investor support for our clinical strategy,” said Robert E. Hoffman, CFO of CytoDyn. “The financing strengthens our balance sheet and is expected to fund current operations into
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CYDY
News
- CytoDyn Closes $17.5 Million Financing to Fund Continued Development of LeronlimabGlobeNewswire
- Creatv Bio's LifeTracDx® Blood Test Utilized as Exploratory Biomarker in CytoDyn's Phase 2 Study in Patients with Relapsed/Refractory Metastatic Colorectal Cancer [Yahoo! Finance]Yahoo! Finance
- CytoDyn Presents Novel CCR5 Inhibition Mechanisms and Long-Term Survival Signals for Leronlimab in Metastatic Breast Cancer at AACR Immuno-Oncology ConferenceGlobeNewswire
- Former West Coast biotech CEO imprisoned for pocketing millions [Yahoo! Finance]Yahoo! Finance
- CytoDyn Announces Funding and Initiation of Expanded Access Program for Patients with Triple-negative Breast CancerGlobeNewswire
CYDY
Sec Filings
- 3/5/26 - Form 8-K
- 1/9/26 - Form 424B3
- 1/9/26 - Form 10-Q
- CYDY's page on the SEC website