Avid Bioservices Inc (CDMO)

[pphmtoolong]

CP, I have been paying attention to Peregrine long before your arrival on the scene. The BPs, not just the few you mention, routinely follow the progress of little research bios like Peregrine. They are not threatened by these little guys. Quite the reverse. They rely on them as the source of their basic research. Everybody paying attention to the industry knows this.

When the time is right in their assessment, they will act. Not to derail a promising new therapy, but to pounce on it. Ride it for years, all the while looking for the next promising little company to gobble up.

GLTA, Especially Bavi-arm Sunrise Patients,

Paul