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Tuesday, March 10, 2020 1:09:44 PM
issues to think about...
will the clients disappear or cut back? prob not given how pharma works... could be wrong
small biotechs might have trouble in capital markets ..
could clients get even busier? reasonable chance imo given the drugs that could be manufactured by avid for halo clients could help ease the health crisis situation given 5 minute infusion times vs 4 hours and ability to administer at home w/ nurse which keeps more compromised folks away from hospitals or shortened exposure times.... i would think the fda sees this and acts sooner than later w/ Darzalex and Roche drug.... Darzalex could be approved by May using avg approval times... and its adoption rate could be higher given the benefits to the health system....and Darzalex is already a $3 bil drug and expanding uses..... so are folks going to stop taking drugs that are saving their lives? don't think so
does having a biologics manuf facility w/ capacity within the US and located in an area with quite a bit of biotech be a good thing? could be... certainly not a bad thing..
so supply issues are question marks... worker contagion etc.... stuff everybody is trying to figure out.... if one looks at the pics of folks working in the production areas, it looks like they wear haz mat suits so i would imagine that helps containment...
If anything, we are prob closer to a buyout if things look good.... a big company can weather this storm better so the BOD has to be discussing this possibility... may not get the number folks were hoping for but human nature is to take the safe road...
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