Avid Bioservices Inc (CDMO)

[BCS Paladin]

Running with the Big Dogs

"The company will pursue a clinical development strategy focused on conducting small, early stage studies of bavituximab in combination with I-O agents. These trials may be conducted as part of ongoing collaborations with AstraZeneca and the National Comprehensive Cancer Network (NCCN). The goal of these trials will be to generate compelling data capable of driving partnering interest. As part of this new strategy, the company has discontinued plans to initiate further Phase II and Phase III trials."

As far as I'm concerned this says it all.

The 10 Bagger dreams are over.

Back to being just a bunch of lab rats looking for the Holy Grail.

No money for serious reach & development.

We won't need Garnick for another 5 plus years.

Beta Bodies?? There is 10 year pipe dream.

Lost my a$$ on another wild get rich gamble.

Good news is I'm back to buying Lotto tickets.

Putting still sucks but at least I can still play better than most.