Avid Bioservices Inc (CDMO)

[jakedogman1]

my guess is others are getting updated sunrise results as well...

just think... the company wants to focus on avid, the window for avid is now to capture biosimilar market as well as i-o biomanufacturing space. if you started today it would take two years to get other locations up with site selection/design and fda cert (or other EU)....

they have absolutely no chance of expanding with current/forthcoming credit issues (w/ respect to landlords/suppliers) and potential customers. my guess is each new plant will cost $20 mil (from rrdog's post way back) and in order to be a player they need to grow. if they don't jump on the opportunity now, someone else will and this is not a biz where changing suppliers is easy... so my guess is they need $60 to $100 mil to get the avid dream off the ground...

if they dilute now they actually hurt themselves (their own options/holdings) and face lawsuits from shareholders because we all know other options are in front of them...

so $60 mil to $100 mil upfront solves all their problems, protects their kingdom which will face challenges if things don't change soon, and gives them access to $200 mil top line revs without oversight (they must be licking their chops) or having to face shareholders w/ raising equity..

and some milestone paymnets and royalties down the road...

this is a no brainer....