You know him personally from Genentech? Reading between those lines tells me you have not spoken to Garnick since those Genentech years? If you have not spoken to any Peregrine employees....then I agree with your statement that you dont know Jack$hit about Peregrine.
Though you know other facts....regarding those Avastin FDA approvals from those Genentech days
"Bavituximab is a first-in-class phosphatidylserine (PS)-targeting monoclonal antibody that is the cornerstone of a broad clinical pipeline." -- Big Pharmas nightmare... unless they are fortunate enough to have The Bavi Edge!