Avid Bioservices Inc (CDMO)

[Carboat]

Yes, the tax loss is certainly not worth $100m. It would vary based on the acquirer and losses carried into an acquisition are complex but limited by regs. Also, you can't put a revenue multiplier value on Avid without deducting the cost of pphm overhead - what would amount to a liability/cost if you are basing the company value on Avid sales multiplier.