Avid Bioservices Inc (CDMO)

[InternetForumUser]

2.5 Years from start of Clinical Trials to Approval, now that sounds like a company who seem to know what they are doing. Peregrine has been trying to get some sort of drug approved for the past 35+ years.

What is even sadder:

AstraZeneca Founded in 1999 and worth BILLIONS

Peregrine Founded in 1981 and pretty much worth NOTHING. They had an 18 year Head Start.. Ponzi-Scheme?

Bavituximab has been in development for the better part of a decade and is still in Phase 1 trials.

Absolutely terrible Leadership across the board. Peregrine Management fools stumbling and fumbling as they go along. Some of the things that they have done in the past years borders on utter stupidity.

Wonder if the PPS would be worth more if the Development side of the house was closed down and only AVID remained.

The "So Called" Astrazeneca Partnership is almost going on 2 years and absolutely NOTHING considered to be a Material Event has been done. There is also almost no mention of it anymore. My guess is it will slowly be just removed as to seem like it never happened.