Wednesday, December 10, 2014 12:35:47 PM
Doubling up Avid capacity is a BIG signal.
PPHM has "the cards" in their poker hand and they know a LOT of Bavi production is forthcoming.
Wish I had more dry powder - right now I'd be buying like crazy. Personally, I'd like to "double the capacity" of my shares based on this news.
I dont' see a cGMP CRL coming from a "state-of-the-art" disponsable, one-use, facility. Whoever said it is right. CRL of cGMP facilities almost always involves sterilization questions. Garnick knows his facilities are "state-of-the-art" because one-time use products eliminate the need for autoclaving.
What people don't realize is that autoclaving IS initially cheaper than "one-time-use" products. BUT (and it's a big "but") the autoclave must be registered, inspected, officially "cleaned," then re-cleaned, then re-inspected, then re-registered, et cetera ad nauseam.
THAT's what makes it ultimately MORE expensive.
And there's another HUGE downside. What if your autoclave fails an inspection? Then all the products that were produced by use of your autoclave are now officially "contaminated."
It's just not worth the risk. Garnick nows that.
Buy with both hands in you can, in my view.
Will work hard in 2015 to scratch up more dry powder.
Best to all,
Joe
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