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Re: cjgaddy post# 326390

Thursday, 05/02/2019 6:09:36 AM

Thursday, May 02, 2019 6:09:36 AM

Post# of 347009

There is no slowdown in sight, says Avid Bioservices CEO, as the company today announces further expansion to support new client projects and optimize its novel CHO-based expression system.



Roger Lias, CEO of Avid Bioservices said the company has seen a “tremendous surge” in interest since formally transitioning to a full-service, dedicated CDMO



Lias said: “Our announced expansion is driven by strong in interest in our process development & clinical stage services, but we are also in the unusual position of having multiple single use 2,000L bioreactors



4-24-18/PR: Avid adding Process Dev. Labs, upgrading capabilities (in phases; total will be >6000sq; 1st one ready Q3/CY’18(July-Sept'18). ”In recent weeks, Avid has signed new agreements with 3 addl. undisclosed intl. drug dev. companies (that’s 4 thus far in CY2018)”



Looks like Roger has to confirm things are still up to speed
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