Avid Bioservices Inc (CDMO)

[peregr]

An incredible shame how mismanaged Peregrine was. They were out of money. Ronin brought in the most viable business model of getting value out of the IP through Oncologie taking on the risk and costs, while growing the CDMO business. It's the only chance of getting a return of investment and a return on investment.


Some valid points but the Ronin approach was the only viable one. Other investors to save the IP never materialized.