Avid Bioservices Inc (CDMO)

[Robert C Jonson]

Below is an email I received last Friday from Chris Keenan in reply to a query about whether or not PPHM had ruled out sabotage as the reason for our coding errors. I have decided to post it to this board because I think it's information that should have been put in a pr to everybody. I'll post a follow-up reply I got from Chris this morning.


Bob

I have been reading the board and maybe this deserves some clarity. This was a deliberate action by one individual at CSM. The company has admitted to the switch but while it is certainly fraudulent the term that you use "sabotage" evokes a predictive malintent that can only be ascribed once we know what this person is thinking. My advice to all of you is to focus on the going forward and let us deal with this in the proper legal way and then all the details will come out.

Chris