Avid Bioservices Inc (CDMO)

[pphmtoolong]

First Sunrise look-in is coming. How soon? Opinions vary. I guestimate the 33% event threshold could be met my the end of September. If the early enrollment was very slow or the patients very healthy, we might have to wait longer. No way to know.

If my guess is correct, we still might not get much info out of the Data Monitoring folks. Peregrine management did not respond to my request for guidance on what we could expect. No shock there.

Uber optimists are hoping for clear evidence of survival extension in the Bavi patient. This could trigger an early trial ending for humanitarian reasons. Long shot probably, but possible. If it did, those who kept their "dead money" in their money markets will feel pretty dumb.

Whatever else is going on at Peregrine, BOD compensation or share authorizing, it is Sunrise data that will tell us if we make big money in the next few months or not.

Exciting.

GLTA, Especially Bavi-Arm Sunrise Patients,

Paul