CytoDyn names Cyrus Arman as president

The biotech CytoDyn (OTCQB:CYDY) installed Cyrus Arman as president starting on July 9, 2022. Arman will assume the CEO role and join the company’s board within six months. 

Before joining CytoDyn, Arman was the chief business officer at Nimble Therapeutics (Madison, Wisconsin), assuming that role on ​​September 08, 2021. 

“Early in the process, Dr. Arman separated himself from the competition, diving deep into due diligence with a methodical, analytical and inspired approach,” said Tanya Urbach, board chair, in a statement. “He has the intellectual capacity, experience, and character to lead CytoDyn into the future.” 

Cyrys Arman

Arman has worked in the life sciences industry for more than 15 years, which includes working as a director in Amgen’s Corporate Strategy group. 

He holds an MBA from the University of California, Los Angeles; a Ph.D. in neuroscience and a master’s degree in bi…

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Injectable anti-HIV therapies could see strong growth

Photo by Miguel Á. Padriñán from Pexels

The market for injectable anti-HIV therapeutics will be worth $28 billion by 2029, according to projections from the analyst and consulting firm GlobalData. 

GlobalData valued the broader HIV therapeutics market at $22.9 billion in 2019 across the U.S., France, Germany, Italy, Spain, U.K. and Japan. 

While the overall market is growing at a low single-digit rate, injectable therapies will likely see more brisk growth, GlobalData projects. 

To date, the majority of HIV therapies are orally-delivered antiretroviral drugs although a handful of injectable drugs have hit been introduced over the years. 

Future injectable anti-HIV therapies could be administered less frequently than oral drugs. 

One early injectable anti-HIV therapy, Fuzeon (enfuvirtide) from Roche (OTCMKTS:RHHBY), is administered multiple times per day, posing a challenge for adh…

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