CytoDyn signs China deal over coronavirus and cancer candidate

13 February 2020

Shares in US biotech CytoDyn (OTC.QB: CYDY) were 7% up after Wednesday morning's trading following news of a development and licensing deal for leronlimab in China.

CytoDyn signed a nonbinding letter of intent (LOI) for the joint development and licensing of the CCR5 antagonist with Longen China Group, and the companies will now begin exploring opportunities for leronlimab as a potential treatment for the 2019 novel coronavirus (2019-vCoV) and cancer.

Potential for combination with other retrovirals

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