Avid Bioservices Inc (CDMO)

[Protector]

volgoat I agree with:

There is a reason for avid being ready and the mass hiring the last year and a reason and a reason MSK and AZ are on board, they know the data

In the worst case it was because we have so much 3rd party order/business that we could set-up Avid II know without any risk should Bavi fail because it will be full booked any ways. I like that as a worst case :)

Or, as you said they needed it ready way up-front because they expect to need it in one or the other Bavi production related plan. I see 3 possibilities so immediately:

1) Indeed SUNRISE early stop at look-in #2 anticipated (but never sure)
2) Some other path leading to commercial production of Bavi. A BTD or so?
3) A huge need for Bavi by all our clinical trials and collaborators.

#1,2 and part of #3 will bring revenue from that Bavi production. The other part of #3, Bavi production for our own clinical trials, reduces the cost compared to letting it manufacture by a 3rd party but doesn't generate cash.

Of course there is always #4, a conspiracy of the BoD that only opened Avid II to make us vote ... on the annual, reason why they didn't tell us Avid II is open yet :) I am sure some conspiracy lovers must run around with such strange ideas.