Avid Bioservices Inc (CDMO)

[dia76ca]

Steve King became CEO in March 2003. IMO we should have the Phase III trial results in 2015. That is pretty well on schedule. With 94% of treatment sites operating right now my opinion is that things are going well.

To be fair we should acknowledge that the Fargo sabotage slowed things down. And IMO the cloud of that sabotage still hangs over the share price. But I credit King and Garnick with moving ahead on the SUNRISE study and gaining FDA approval...and Fast Track status. And I was delighted to hear about the "dozens" of preclinical collaborations. We should hear more about these at the upcoming ASM....and I know that we have some very astute shareholders attending who will ask some good questions.