Avid Bioservices Inc (CDMO)

[north40000]

I read "patent application", not "patent"---where did you see "patent"? A patent grant gives its owner(UTSW) in conjunction with its exclusive licensee(PPHM) the right to exclude others. IMO, a patent grant is easier to monetize than a patent application which itself grants nothing except inferentially as a future value should(if&when) a patent materialize.