Avid Bioservices Inc (CDMO)

[biopharm]

Good points regarding the "MOS" of the IST trials and I would suspect that reaching "MOS" is a material event and it would have had to been PR'd if it was reached by this point ( especially with the "coding errors" and risk of lawyers looking for any type of negligence in when and what was reported )

Bottom line they would no way hold back an "MOS" of any other trials since they already stated that the discrepancies didn't effect any of their other trials so I believe we are at the point where all the positive trends are going to be reported on any other trial which would indicate the same positive trends for the 2nd line NSCLC in case they are unable to untwist whatever discrepancies they found.

What do we have left ? We end up with a Bavi pipeline that has been delayed x months... a stock price that was deflated and torn down only to start the uptrend again ... and it does happen to many Bio tech stocks as we are all aware. I like to take the optimistic approach and as I said before... I'd rather have a hiccup this early in the rapid growth of Peregrine instead of a hiccup such as DNDN made and lost most of their steam for months