A commonly appearing acronym, "BP", on Seeking Alpha biotech comment streams typically refers to "Big Pharma". It is nonetheless fair to characterize him as having had a falling out with BP.Consider his earlier testimonial during a Wall Street Reporter's "NEXT SUPER STOCK" Livestream In early June, 2020, NP remained quite complimentary of the work BP was doing in analyzing blood work for various leronlimab trials (A question during NP's first, 7/4/20, interview with Dr. Been may have hit upon a point of friction. BP Slips To Loss In Q2; Halves Dividend . All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates.
I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha publishes research from thousands of contributors. Copyright © 2020 MarketWatch, Inc. All rights reserved. I remain cautiously bullish on CytoDyn's COVID-19 prospects going forward as I will explain in this article. As has become fashionable to say when confounded, "It is what it is".I accept NP's characterization of CytoDyn's CD10 as an exploratory effort. Chart. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount.
Their discussions ranged far beyond the initial business arrangement. All rights reserved. I am heartened by the fact that Dr. Patterson appears comfortable with his expert opinions supporting the efficacy and MOA of leronlimab in treatment of COVID-19.I wrote this article myself, and it expresses my own opinions. In contrast to other equity research platforms, insight is provided by investors and industry experts rather than sell-side analysts. I recognize that its price is subject to severe changes and is not suitable for investors who are not prepared to risk loss of substantially all of their investment.I am resigned to the likelihood that CytoDyn will have to proceed without any BP, as in Big Pharma, support. CytoDyn In Treatment Of COVID-19: The BP Saga Bruce Patterson has played a leading role in CytoDyn's advancing leronlimab in treatment of COVID-19.Importantly, despite an apparent falling out with CytoDyn's CEO, Dr. Patterson remains strongly supportive of leronlimab in treatment of COVID-19.CytoDyn's COVID-19 prospects appear solid; its standing as a reliable investment vehicle less so.On Friday, 08/21/20, a slight recovery started. Stocks. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. As matters now stand, we are back to the drawing board on this critical step.On 8/20/20, CytoDyn finally learned of its path forward with the FDA as it announced with its press release captioned:The proximity of the date is encouraging. 23 mins Economic data coming up in the European session Forexlive 34 mins S&P 500 market breadth is cause for concern for bulls FXStreet 40 mins Exclusive: FDA commissioner disputes Trump, says no ‘deep state’ elements delaying vaccine Investing.com 55 mins Japan’s Nikkei index has recovered to late-February levels Forexlive 1 hour … CytoDyn has wasted years in pursuing its BLA for HIV as a combination therapy as recounted in "CytoDyn's BLA Blues"; the FDA rejected the filing issuing an RTF. ET on Seeking Alpha
I consider that its downdraft was overdone and that it will likely correct part of the overreaction.Let me start this discussion with some nomenclature. Los Angeles Times (blog) In Gulf oil spill, fragile marshes face new threat San Jose Mercury News Gulf oil disaster trickles home to Canada Calgary Herald Palm Beach Post – DailyTech …
Seeking Alpha 12d. If granted, it should dramatically boost CytoDyn's price. Los Angeles Times (blog) In Gulf oil spill, fragile marshes face new threat San Jose Mercury News Gulf oil disaster trickles home to Canada Calgary Herald Palm Beach Post – DailyTech … Seeking Alpha (blog) This calamity brings back the experiences and lessons learned from previous oil spill disasters like the Exxon Valdez spill in 1989 and the 1969 Santa … Obama visits Gulf oil spill; Fly over or soil his shoes? The primary endpoint was not achieved. It went on to note it was exploring its use in treatment of patients infected by the 2019 Novel Coronavirus (2019-nCoV), which it characterized as a rapidly spreading virus and potential worldwide emergency.In the lead paragraph to the release, the nous behind the initiative became quickly apparent:For several months, BP was regularly featured as a participant in CytoDyn's promotional videos on leronlimab in treatment of COVID-19 as illustrated below from a 4/30/20 BP's support for leronlimab in treatment of COVID-19 has played a controlling role in my shift from CytoDyn-sceptic to a more neutral and ultimately a bullish stance as revealed in a progression of Seeking Alpha As far as I know, NP has never actually come out and said anything negative about BP. It has had great difficulty in communicating the results of its recently completed CD10 phase 2 trial for mild/moderate COVID-19.This concentrated attention on CytoDyn's COVID-19 trials has not rewarded shareholders. BP announced its second-quarter earnings results on August 4, 2020. “Changing the course of a company the size of BP in just 5-10 years is not unlike turning around a tanker headed for the shoreline,” analyst Gary Gambino wrote on Seeking Alpha.
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