Avid Bioservices Inc (CDMO)

[skweze]

There are many reasonable explanations for the status of a partnership, including that these thing sometimes simply require long periods of interaction before being finalized. I think the reason many speculate that something is already in play is the inexplicable recent trading activity. It seems like there was much more volume than necessary for someone to execute a simple pump and dump scheme, so what else does that leave? An impending partnership could certainly explain the volume, whether the deal is contingent on closing the CA suit, coordinating multiple players, "just around the corner" or something else.

Even if the lawsuit was settled or pphm was found to be at fault, the negative economic impact to an overall partnership would be minimal. many have said that the case has no merit and even if it does, how much are we talking about? Nothing comparatively speaking. I would argue we have more to gain in the CSM trial than lose in the CA suit.

My take is if there is a partnership that is agreed to with a condition, the condition may well be in the structure of the overall deal. Something tells me we are part of a multiplayer arrangement that needs to come together or something like Calico that is just coming together requiring timeliness before announcements.