Avid Bioservices Inc (CDMO)

[freethemice]

Are you speaking for the FDA? Clearly investors saw the problems as a risk they did not want to bear,
but I don't think you, or anyone, can say how the FDA is viewing this.

FDA, analysts, institution buyers, and the lender did not buy the story that PPHM have no responsibility over this botched trial.

Since CSM is licensed by the FDA to do their work, and given that CSM has performed their work on
many FDA approved trials, you can't say that Peregrine was negligent in picking CSM for the job.

...and that includes finding reliable testing vendor, manufacturer, and verifying their reliable processes.