Avid Bioservices Inc (CDMO)

[peregr]

It was a major malfunction in processing as I thought they said it would take until April to resolve?

Regardless, my concern is that the FDA needs to inspect before it is up and running. How is that to be accomplished.

They should be applying as they qualify for the grant money. That will save us cash burn for this quarter and next. Talk about ironies.

Bright side, if they didn't lose any customers, 2021FY guidance should be really good as algos aren't programmed to reconcile prior year revenue.