Avid Bioservices Inc (CDMO)

[Big On Tarvy]

Katie: I will not be surprised if the next PR is deferred until the week after Labor Day. Consolidating announcements in September (e.g. start of overseas clinical trials, launch of HCV combo trial, confirm of Duke/Gates/HIV alliance, “Go” decision on gov’t sponsored Influenza trials) is a way to create real pressure on the shorts -- maybe even persuade some they are playing in the wrong sand box.

I will, however, be surprised if we don’t see a “significant” PR before the CC on Sept 8 or Sept 11.

All IMO