ABOUT PEREGRINE Section Revamped… To me, just clearer language. June2 said Avid “provides development & biomanufacturing services for both Peregrine and 3rd-party customers”, which is repeated today, but a new classification term was used today for Avid, CMDO = Contract Development & Manufacturing Organization.
7-7-16 10K/CC COMING THUR. 7-14-16 AFTER MKT: ABOUT PEREGRINE PHARMACEUTICALS, INC. Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company committed to improving the lives of patients by delivering high quality pharmaceutical products through its contract development and manufacturing organization (CDMO) services and through advancing and licensing its investigational immunotherapy and related products. Peregrine's in-house CDMO services, including cGMP manufacturing and development capabilities, are provided through its wholly-owned subsidiary Avid Bioservices, Inc. ( http://www.avidbio.com ), which provides development and biomanufacturing services for both Peregrine and third-party customers. The company is also working to evaluate its lead immunotherapy candidate, bavituximab, in combination with immune stimulating therapies for the treatment of various cancers. For more information, please visit http://www.peregrineinc.com .
6-2-16 CORP-UPDATE PR: http://ir.peregrineinc.com/releasedetail.cfm?ReleaseID=973959 ABOUT PEREGRINE PHARMACEUTICALS, INC. Peregrine Pharmaceuticals, Inc. is a company focused on continued revenue growth from its contract manufacturing business and developing its novel immuno-oncology products. The company is working to evaluate its lead immunotherapy candidate, bavituximab, in combination with a range of novel immuno-oncology (I-O) agents for the treatment of various cancers. Peregrine's in-house cGMP manufacturing capabilities are provided through its wholly-owned subsidiary Avid Bioservices, Inc. ( http://www.avidbio.com ), which provides development and biomanufacturing services for both Peregrine and third-party customers. For more information, please visit http://www.peregrineinc.com .
= = = = = CMO = Contract Manufacturing Organization CMDO = Contract Development & Manufacturing Organization “Theoretically, the CDMO is positioned for a strategic partnership, with expertise in areas the drug innovator seeks, whereas the CMO may be viewed as a tactical provider that has the available capacity to compete for the project. This perception has influenced many contract manufacturers to embrace the CDMO term as an additional advantage in the effort to develop long-term partnerships.” http://www.niceinsight.com/articles.aspx?post=998&title=the+cdmo+model+and+outsourcing+development
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