Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., July 1, 2019- (24/7MarketNews via COMTEX) Venture Market News for July 1, 2019.

CytoDyn Anticipates Revenue Commencing in August 2019 from Use of PA-14 and/or PRO 140 in Diagnostic Test

CytoDyn Signs Non-binding Agreement for Diagnostic License and Supply Agreement with IncellDX for PA-14 and/or PRO 140 (non-commercial grade)

Collaboration represents an immediate revenue opportunity as a diagnostic test for receptor occupancy and the existence of CCR5 on cancer tissue and in HIV

VANCOUVER, Washington, July 01, 2019 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications today announced a non-binding agreement with IncellDX, Inc. for a diagnostic license and supply agreement for the PA-14 antibody (the diagnostic designation of the murine version of PRO 140) and PRO 140, which is humanized PA-14.  Assays to determine the existence of CCR5 on cancer tissue and the receptor occupancy level for HIV patients are believed to be integral for the effective introduction of leronlimab for therapeutic benefits in this patient population.

Full press release

Chemesis International Inc. Announces $6,000,000 USD Annual Minimum Purchase Order with PR ONE for Dry Flower & Cannabis Infused Goods

VANCOUVER, British Columbia, July 01, 2019 (GLOBE NEWSWIRE) — Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the “Company” or “Chemesis”), through its subsidiary, Natural Ventures, announces it has signed an exclusive manufacturing agreement with PR ONE, a Puerto Rico based medical cannabis company. PR ONE’s flagship store is located in the San Juan Metro area and has over 6,000 ft2 of retail floor space. They are also currently working towards opening additional locations to meet growing demand from cannabis consumers. 

Full press release

Netlist Updates Status of ITC Investigation of SK hynix

Judge Grants Netlist Motion to Strike and Preclude Arguments and Evidence Alleging Invalidity of ‘623 Patent-

IRVINE, Calif., July 1, 2019 /PRNewswire/ — Netlist, Inc. (OTCQX: NLST) today announced that on June 26, 2019 Chief Administrative Law Judge (CALJ) Bullock of the United States International Trade Commission (ITC) issued an order regarding ITC Investigation Number 337-TA-1089.  The order grants Netlist’s June 7, 2019 Motion to Strike and Preclude SK hynix’s Arguments and Evidence Alleging Invalidity of U.S. Patent No. 9,535,623.  As a result of the order, SK hynix will not be allowed to enter evidence at the ITC hearing that would challenge the validity of Netlist’s ‘623 patent. 

Full press release

KushCo Holdings to Report Third Fiscal Quarter 2019 Earnings on Tuesday, July 9, 2019

GARDEN GROVE, CA / ACCESSWIRE / July 1, 2019 / KushCo Holdings, Inc. (OTCQX: KSHB) (“KushCo” or the “Company”) today announced it will issue its fiscal third quarter 2019 results press release on July 9, 2019 after U.S. markets close.

Full press release

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