Avid Bioservices Inc (CDMO)

[vinmantoo]

now throw garnick into the equation... lost his position when roche took over genentech... found bavi which showed alot of promise w/ respect to avastin (the drug to beat at the time).... had nothing to lose money wise and a trophy hunt to take down BP.... bet the farm w/ sunrise (but i think carefully designed back door w/ I-O landscape)... the company got their direction from garnick imo and (Based forwarded emails of conversations w/ ES and another shareholder)

Garnick played PPHM beautifully. He took a placeholder position at PPHM and then found a company he cast his lot in with and he made out like a bandit when it was bought by Big Pharma. I doubt very much he was the one who urged the large Sunrise trial be conducted. Any prudent experienced person knew that it was foolish to push forward and risk all that money without a new controlled phase II