Avid Bioservices Inc (CDMO)

[biopharm]

geocappy1...

I was thinking the exact same thing! ... and was looking thru some google searches and unable to find anything. Here is one article I came across re: partnered vs. unpartnered

Attrition High for Biotechs Without Partners; Worth It?
96% of unpartnered cancer drugs fail -

http://dialog.newsedge.com/portal.asp?site=2007100814443105593225&searchfolderid=pg2007100814522209759333&block=default&portlet=ep&nzesm=on&syntax=advanced&display=New+Drugs&action=sitetopics&mode=realtime&nzenb=left&criteria=[topic%3Dnewdrugs]&searchID=730071&datetime=[t-minus%3D7]&hdlaction=story&storyid=[storyid=vVLjEmU78eywb8J5V0IdMMajvPueo8tX-06h_Fe9SF6YAZrn33SQDQ9aXo2WnPxuG8Da7dI0aLQrYjZBxnflgA**]&rtcrdata=on&epname=USDOLLAR&;

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The article does mention needing the regulatory experience is the one top reason that a partner is needed... though Garnick surely provides us with that experience. I do believe we will partner up eventually and again, I think Garnick warrants Peregrines respect from many of the top BP's