Avid Bioservices Inc (CDMO)

[pphmtoolong]

Manchester, while the SP has steadily fallen, IMO the potential purchase price of Peregrine has steadily risen. I assess the potential share price increase based on the preclinical research showing the potential synergies between Bavi and the crop of immunotherapies coming out of the Big Pharmas.

In answer to your question no one here knows. However, if there is no big money partnership or buyout, I don't expect to see $2 until data comes from Sunrise just after mid-2016. If we have a big money deal, we could see $2 any time in the next few weeks or months.

If either good news scenarios plays out, we might blow by $2 in a morning or afternoon.

GLTA, Especially Bavi-arm Sunrise Patients,

Paul