Avid Bioservices Inc (CDMO)

[EndtheFed1776]

I don't see where Merix was bought out by BMY.

I owned IMCL at the time BMY bought them out. There never was a clinical trial foul up at IMCL. Nor was there one where CSM was involved. The only scandal at IMCL was Sam Waksal telling that blond home economics lady to sell while the selling was good, resulting in jail time for the both of them. BMY didn't buy IMCL until their HER-2 targeting mab was on the market.

So the statement "BMS has a long record of buying small bios after failed trials at CSM" seems to be fully erroneous.