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Large shareholder group calls for a board overhaul at pharma company CytoDyn

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Young chemist working with chemical substances during scientific experiment in laboratory.

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Company: CytoDyn Inc. (CYDY)

Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its leronlimab is in a class of therapeutic monoclonal antibodies designed to address unmet medical needs in the areas of human immunodeficiency virus (HIV), cancer, immunology, and novel coronavirus disease (Covid-19). It has completed a Phase 3 pivotal trial with leronlimab in combination with antiretroviral therapies…



Source cnbc.com

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