Avid Bioservices Inc (CDMO)

[freethemice]

It might have some use. I have invested in a lot of small biotechs over the years, but at one point sold them all
and put the money into Peregrine because I believed so strongly in the biology behind it. I did have a few
rules about what companies I would invest in. One of them is no investments in biotechs who only work on
Alzheimers (sorry Thurly). Another is no anti-depressants, and no obesity drugs! No Alzheimers because
the biology was/is too unknown still. I don't know if what they think they are treating is the symptom or the cause.
Also, as they are finding out, by the time a person shows signs of Alzheimers I think it is too late, which means
you would have to treat much earlier to make a difference, which means trials that would last for 10-20 years! No thanks.
The problem with anti-depressants and other such drugs is also that the biology is too unknown and the data is
too subjective for my tastes. I think obesity drugs are bad too because I think they are going to have too
many side effects for a non-fatal (at least in the short term) condition to be useful.