Avid Bioservices Inc (CDMO)

[entdoc]

aikifredicist, well said. This is one announcement I don't think will precipitate a "sell the news" reaction. Wouldn't it be a hoot if the sell-off today was from this rather important announcement: "Data presented yesterday(1) at AACR demonstrated that a near-infrared-labeled PS-targeting imaging agent (NIR-PGN650) was able to specifically identify and target multiple solid tumors. Data also showed that NIR-PGN650 could demonstrate a measurable increase in PS exposure in tumors following chemotherapy." This is of enormous import. Maybe the buildup was, in part, in anticipation of that PPHM announcement which was almost overlooked, and definitely overshadowed by the sell-off.