Avid Bioservices Inc (CDMO)

[skweze]

Final disposition, imo, depends on how long the slip-and-fall-wannabe lawyer will hang in there hoping for a settlement, i.e. payoff, to stop being a disruptive nuisance. Other than the unremarkable claim that "A chimeric antibody is named after a chimera, the Greek mythological fire-breathing female monster, with a lion’s head, a goat’s body, and a serpent’s tail." The SAC added nothing new of substance and instead is essentially a rehash of the theories the judge has already rejected. Peregrine has, in fact, already requested a hearing on May 5th, so that would appear to be the end of this nonsense unless the plaintiff's lawyer has reason to fear sanctions for frivolous or vexatious process if she shows up once again pleading a case that the judge has already twice rejected.

Re: the class action suit: The parties agreed to the following, so it would seem unlikely this would be settled before late April at the earliest, and most probably in May as stipulated.