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CytoDyn Launches Feasibility Study in China

^{Published on 2008-12-19 06:58:29 - Market Wire}
 

SANTA FE, N.M.--([ BUSINESS WIRE ])--After meeting with representatives of the Xishan Economic Development Zone in Albuquerque, New Mexico, CytoDyn, Inc. (Pink Sheets: CYDY) has committed to a feasibility study in the People's Republic of China. Dr. Feng Zhou, a Company consultant, will travel to China in the immediate future to confer with workers at the sFDA and selected biotechnology facilities on CytoDyn's behalf.

After training at the Xiamen University in Xiamen, China from 1981-1985, Dr. Zhou worked on the development of flow cytometry at the Los Alamos National Laboratory (LANL) near Santa Fe, New Mexico from 1999-2002. Although best known for the Manhattan Project, LANL played a key role in the development of flow cytometry, a technology that made it possible to study and diagnose immunologically-mediated diseases such as HIV/AIDS. Since 2003, Dr. Zhou has been an Adjunct Assistant Professor at the School of Medicine, University of New Mexico in Albuquerque, New Mexico.

Support for science-based innovation, drastically reduced costs of drug development, and an ability to maintain international cGMP standards for quality assurance will be key factors in shaping CytoDyn's Asian strategy.

This press release contains forward-looking statements that are not historical facts. CytoDyn's management makes forward-looking statements concerning the Company's expected future operations, performance and other developments. These forward-looking statements are necessarily estimates based upon current information and projections and involve a number of risks and uncertainties, including but not limited to, the failure of preliminary results from clinical studies to reflect the results from more comprehensive studies. There can be no assurance that such risks and uncertainties, or other factors, will not affect the accuracy of such forward-looking statements. It is impossible to identify all the factors that could cause actual results to differ materially from those estimated by CytoDyn. They include, but are not limited to, government regulation, managing and maintaining growth, victimization by white-collar offenders, and the effects of adverse publicity, litigation, competition, and other factors that may be identified from time to time in the Company's announcements.