Cytodyn Inc (CYDY)

[Amatuer17]

Interesting deal. This shows when BP sees potential they do the deal. NP has not been able convince any NP that Lero has potential to treat multiple indications


“AbbVie (ABBV) - Get Report and Chinese drugmaker (IMAB) - Get Report announced a collaboration on a cancer treatment candidate in a deal that could be worth more than $2 billion through incentives.

AbbVie will pay I-Mab $180 million up front as part of the deal to develop and collaborate on lemzoparlimab, a potential treatment for multiple cancers.

The drug is one of the company's leading drug candidates in I-Mab's pipeline and is designed to minimize the inherent binding of cancer cells to normal red blood cells which researchers say is critical to treating cancer. “