Avid Bioservices Inc (CDMO)

[biopharm]

I agree... 30 Million term loan is promise #1 that SK said he would fulfill. He actually said 20-30 Million loan and follows thru with 30M!

Now this is one less task they need to be concerned with as the BP partnering talks will advance with Peregrine having a slight leverage but after Sept 7 the leverage should significantly sway to team Peregrine.

This is where talks can move fast and I would love to hear the top level execs at any possible partner and how serious they talk about a partnership deal structured around a future buyout of Peregrine. Either way.... Peregrine is "in the money" and I know future royalties are critical but the number that will make headlines first will be the "upfront payment" ....

I say upfront payment will be 400M - 1B ....for partnership and for a complete buyout:

Lets just say the number will be the largest biotech buyout of all time! So I will be happy with that : )