Avid Bioservices Inc (CDMO)

[bfiest]

It's time to perform. It is time to partner. I think we all want confidence not excuses. If they are willing to publish the phase 3 sunrise results that shows confidence that Bavi performed well enough to not have to sweep the results under the rug. Such confidence should now be leveraged to get a money deal done. I feel they do have the cornerstone molecule in the I/O space. The one concern I have with this group is they seem to believe they own the exclusive right to lead this drug to approval, without any need for outside assistance. That would be fine if they surrounded themselves with the players necessary to make it happen. That is leadership. Not recognizing the importance of strengthening the team is a major weakness in my opinion and only highlights their insecurity or egos. Do what it takes to get the job done. That is leadership. No more excuses. Bring in the talent that can negotiate a deal. Nothing against Worsley. He is the lone ranger in this process. He needs help. They need a highly experienced team (not lawyers) but experienced and proven closers in the Biotech field that can get the job done. Obviously this is my opinion but the results -- or lack there of -- in partnering with a good money deal speak for themselves. These guys are experienced now and I'm hoping they have their priorities straight. I wish they would send the right signals by strengthening the board with more biotech experience and bring in 1 or 2 more top notch closers to help Worsley close a money deal. That would be money well spent. We need them to show leadership now. Stop the insanity and the excuses.