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Saltz

12/17/19 5:19 PM

#50807 RE: I_luv_cydy #50802

Or is he assuming CYDY will pay for that and operations over the next 2 months before needing more $$?

Yes, that is my understanding. If you read the PR Cytodyn is responsible for getting Leronlimab through the approval process. The question is are there upfront payments associated with BLA submission, acceptance, or approval, or all three and how much at each stage?

finesand

12/17/19 5:19 PM

#50809 RE: I_luv_cydy #50802

BLA filing is free of charge.
$500k must be paid by CYDY in milestones
~$2.5M must be paid by CYDY with approval

That is already covered with this deal,
at least via the $4M investment by Shkreli (o8>
Hope it is at $1/sh or so ... for your very Christmas.