Cytodyn Inc (CYDY)

[justdafactss]

DEBUNKED!- Leronsaline is safe and effective


https://www.sec.gov/Archives/edgar/data/1175680/000000000021006508/filename1.pdf

RESPONSE:

The Company will revise its proposed disclosure to remove language that states or implies that it believes leronlimab is safe and effective or that leronlimab is likely to be found safe and effective.
https://www.sec.gov/Archives/edgar/data/1175680/000119312521171425/filename1.htm

For the reasons discussed above, the video misbrands leronlimab under section 502(f)(1) of the FD&C Act and in violation of section 301(a) of the FD&C Act. The claims in the video are concerning because they make representations in a promotional context regarding the safety and efficacy of an investigational new drug that has not been approved or authorized by the FDA.
https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/cytodyn-inc-626957-02112022

All good little quacks that were "very wealthy" are broke and will remain broke.