Avid Bioservices Inc (CDMO)

[nuke661]

Wook,

I also considered SK was making assumptions when he said it. I thought the major input to the assumptions back then would be the information they had from PII and expected enrollment curves for PIII. The PII data is a fixed item and the only major variable that I can see is how actual enrollments coincided with the expectations they had back then. Without having to go back and pull up the actual data I believe that site ramp up was very significant by the first 7 months and I can't see how they could have expected any better. The actual unknown is how well enrollment actually occurred over time. SK has always said they have been on track so in essence that is the major factor for me. I know there are going to be a lot of people here who wouldn't consider SK's comments on enrollment as reliable but I'm not one of those.