Former West Coast biotech CEO imprisoned for pocketing millions [Yahoo! Finance]
CYTODYN INC (CYDY)
NASDAQ:AMEX Investor Relations:
ir.cytodyn.com
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Source: Yahoo! Finance
dollars, the United States Attorney's Office for the District of Maryland announced on Monday. According to court documents and news releases, 62-year-old Oregon resident Nader Pourhassan, who was once the CEO of CytoDyn, defrauded investors from 2018 to 2021 regarding the commercialization of CytoDyn's product, a monoclonal antibody called Leronlimab. According to the company , the antibody is intended to treat cancer, infectious diseases and autoimmune conditions. After making a series of fraudulent statements about Leronlimab's prospects and artificially inflating his personal stocks, Pourhassan ultimately swindled over $4 million, the release said. "Nader Pourhassan lied and schemed to selfishly line his own pockets," special agent Jimmy Paul said in the release. In April 2020, during the rise of the COVID-19 pandemic, Pourhassan publicly announced that CytoDyn had reached a critical milestone with the Food and Drug Administration when, in reality, the company's documentatio
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CYDY
News
- CytoDyn Presents at AACR Special Conference in Cancer Research: Brain CancerGlobeNewswire
- CytoDyn Closes $17.5 Million Financing to Fund Continued Development of Leronlimab [Yahoo! Finance]Yahoo! Finance
- 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
CYDY
Sec Filings
- 3/25/26 - Form 424B3
- 3/24/26 - Form 4
- 3/24/26 - Form 4
- CYDY's page on the SEC website