Avid Bioservices Inc (CDMO)

[jakedogman1]

One other thing to think about... the hiring of Richieri as chief operations officer is what they needed .... I doubt they even try to get a ceo if they are thinking of buyout down the road which they should consider given too much biz will be concentrated with one customer ie halo... for a small company the market will take that into account... if Avid is just a division of a themo fisher, then there are all kinds of opportunity for add on value w/ larger bioreactors and fill finish opportunities.... and the rev concentration is a non issue...

And w/ Richieri's contacts w/ Samsung... Avid could be a great footprint for Samsung in USA to funnel biz to the big plants in Asia...

We have a company with both bod and senior mgmt wired into key players in an industry that is still consolidating and good biologic manuf target is a rare bird...