Avid Bioservices Inc (CDMO)

[BCS Paladin]

I don't think preclinical results of any kind

is what will do anything more than 20 to 50 cents to our PPS.

Our Phase III is the only event for the next 5 years that has a chance of us actually selling a product for some real money.

Collaborations don't seem to be worth much either.

Presentations, attending seminars, KOL's, etc also appear to be worth close to nothing.

It appears we are still years away from even another true honest Phase II for anything.

Other than a block buster partnership, all our eggs are in the Phase III basket.