Avid Bioservices Inc (CDMO)

[bfiest]

I’m not sure what you mean by modify the annual shutdown or overhaul but currently with excess capacity they should be able to run at full strength year round without interruption and still complete the full annual overhaul. That is assuming the new equipment brought in during expansion is appropriate for the affected project runs.

Frankly I look forward to the day that the annual overhaul impacts capacity in the corresponding quarter again. That means capacity is close to full, if not 100% full, and we are on our way to maximum value! They will get there.