Avid Bioservices Inc (CDMO)

[jakedogman1]

Not a bad time to have one's bad qtr because everybody is having one... looking forward to next FY which starts May 1. Darzalex sc and Roche hercp/perj combo sc approvals coming up... my guess is biologic US manuf capacity is prob a good thing to have right now.... demand has to be good because the big boys have the needs and resources as in cash to get things done... i would not be surprised if some biologic manuf is getting resorted on a global basis right now... the viral stuff has to be increasing demand which could impact capacity across the board... enough at the margins to make a difference...

And sc delivery is probably more important now so maybe more biz w/ Halo enhanze clients...

The big question mark is corona v... the virus doesn't pay attention to the politics and blame game... it does what it does... the world doesn't get back to normal until vaccine or containment like they did in china... look at the small towns that thought they were oblivious...

The question is how avid plugs along under these conditions... still a buyout candidate in the not too distant future... all imo