Avid Bioservices Inc (CDMO)

[biopharm]

Big Pharma Partner debate is good for the final deal for Peregrine... because there will be many other factors and considerations that all BP's will reflect upon...though the big question for them will be?

Will we be better off with Bavi in the hands of a competitor?

Can we guarantee that our oncology pipeline will not suffer presently or future outlook?

Could this Bavi create a paradigm shift in how we treat future cancer patients?

..... At the end of the day....I would be concerned if Roche paid Peregrine a much larger updront money...hush money...to even delay a couple years in order to max out Avastin revenues vs. Someone else paying less upfront but may get the drug to market sooner?

OR ...do we think out of the box and you have a dark horse jump into the picture....some group that may want to create a new BP called Peregrine with the Bavi as the cornerstone to build upon ....though deep pockets would be needed for this ...Bill Gates and Warren Buffet....

Money will be flowing Peregrines way....just depends who brings the cash first with a business plan that secures the most efficient pathway for Bavi and beyond.