Avid Bioservices Inc (CDMO)

[sulaco]

Swg, I think Nuke is basically right

PPHM has made a number of moves (aggressive Avid expansion, AZN-assisted breast and NSCLC trials to be started QUICKLY) that would make one think they really want to package Bavi in gold paper.

Who knows, they may have already talked with GILD, and GILD said that's what they want. PPHM is playing standoff-ish with AZN, which makes me think someone else has whispered into their ear.

Now, while less likely, the new ISTs could provide some intriguing data. The new Breast IST is NOT the old one that showed 85% RR with 15% CRs. This is another one, and if it confirms the first, then someone could move on us. But Nuke is right - the enrollment numbers are small and thus underpowered.

Now SUNRISE is very nicely powered with its randomized 586 enrollment. If nice data comes out with the look-ins, well then, look out, the deal will be struck quickly.

Regards,

Joe