Avid Bioservices Inc (CDMO)

[skweze]

Hopefully the capacity will be for Bavi. CM as a stand alone is also profitable. Maybe they also want to take some idle cash off the balance sheet and build some assets other than IP. All imo.

Meanwhile some Sunrise sites have been running for seven or eight months. They may have already completed the planned treatment cycle for dozens maybe scores of patients. Peregrine management may be getting a sense of how the trial is running. No specific data just hints.

Perhaps the early vibrations are positive enough to expand Avid's capacity in anticipation of Bavi's commercial launch. Not likely I suppose, but they haven't announced new Avid customers or increased production needed for existing Avid customers. They are adding capacity for some reason.

Sweet dreams longs. Good news may just be heading our way, and don't we deserve it.

GLTA, Paul