Avid Bioservices Inc (CDMO)

[pphmtoolong]

Sunstar, the obvious take away is that the Sunrise trial did not move Bavi toward early commercialization.

Given this harsh reality, Peregrine management needs to:
Cut expenses and staffing to the bone yesterday,
Invest heavily in promoting and expanding Avid, and
Find a partner for Bavi development on any kind of reasonable terms.

The party is over.

We and They Made a Big Mistake,

Paul