CytoDyn Settles With Amarex Clinical Research; Amarex To Pay $12M To CytoDyn, $10M Was Paid Upon Execution Of Agreement And Remainder To Be Paid Next 12 Months; Eliminates $14M Accounts Payable Liability From Balance Sheet

Benzinga · Jul 9, 2024 20:38

Terms of the settlement include $12,000,000 cash payment to CytoDyn and elimination of $14,000,000 accounts payable liability from the Company's balance sheet

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CytoDyn Settles With Amarex Clinical Research; Amarex To Pay $12M To CytoDyn, $10M Was Paid Upon Execution Of Agreement And Remainder To Be Paid Next 12 Months; Eliminates $14M Accounts Payable Liability From Balance Sheet

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