Avid Bioservices Inc (CDMO)

[biopharm]

I would agree.... unless mistakes were made as see with these Big Pharma boys got caught.... we may have more headlines out of Fargo, ND:

(NaturalNews) Glaxo, Merck, and Pfizer, three giant drug companies, are under the gun. Glaxo has just paid a $3 billion fine for bribery, fabricating drug-safety data, and fraud. Merck has been caught inventing data to give the impression its mumps vaccine is effective. Pfizer is being attacked for conspiring to prevent generic-drug competition against its wildly popular Lipitor.

Only a fool, however, would assume these legal assaults against drug giants will stop them from lying, cheating, and endangering the public in the future.

For example, the $3 billion Glaxo fine covers scheming, lying, and cheating in connection with three of its drugs: Paxil; Wellbutrin; and Avandia. Total sales of those drugs during the period of time in question? 27.9 billion dollars. Three billion dollars is a drop in the bucket.

http://www.naturalnews.com/037028_Big_Pharma_drug_companies_adverse_reactions.html

No matter what the issues are involving Peregrine... I just hope we hear the details and to finally have official confirmation that Bavi is moving to Phase III.... as for any money Peregrine collects from CSM? I think it will be peanuts compared to what Bavi will bring in and the time lost and delay to market.

GLTA!