Avid Bioservices Inc (CDMO)

[geocappy1]

Just stop. Someone paid $8M + potential $95M+ royalties for no IP. So obviously there is physical IP of some sort. The question is why hurry to sell it off just to say you did it? For that deal, why not just let it sit there and rot away?

Just get rid of R&D people and let it sit until we are in better financial position? Unfortunately, my guess is there are no plans to make Avid successful and the idea was for somebody to get the patents. Hope I am wrong.