Avid Bioservices Inc (CDMO)

[pphmtoolong]

Discussion of Peregrine submitting the Sunrise results for FDA approval amazes me. The IDMC halted the trial for a reason. This trial was crafted by Garnick and company with a modest goal of increasing median overall survival 30% or so. It didn't work.

I lost a bunch of money on the trial results, but I don't blame anybody. Many drugs work in the labs but don't work in the clinic. It just happens. I blame myself for wagering so much money on a revolutionary drug attempt.

Now, I look at Peregrine's prospects for restoring the share price. I look for evidence that Peregrine management is taking the steps to do this. So far, haven't seen much. Really hope to see something soon.

GLTA, Paul