Avid Bioservices Inc (CDMO)

[investingdog]

CP <<15-25% improvement is good for me>>


Not for me, not for the market and not for the partners. This latest price drop has me worried. First line is not a blinded trial, PPHM knows the results, potential partners in negotiations should also know the results. That's a lot of people in the know, it has to leak. I think it actually has leaked already and that's what's been taking the share the price down last few weeks.
Bavi is supposed to be a "miracle" drug, far better than anything else out there in terms of safety and efficacy and to expect 15/25% in first line after 100% in second line would be nothing but a disappointment.