Avid Bioservices Inc (CDMO)

[dia76ca]

Since none of us have inside information we can only speculate. Here is some of my speculation. It could be right or wrong!

I find it interesting that all of the first Phase III sites are in the US. It would not surprise me if the next dozen or two are also in the US.

But they have said that the trials will also be in the E.U and the Asia-Pacific. It is also likely that there will be separate partnerships for those two areas. Could it be that these trials sites will be set up with the assistance of the new partners?

I think it likely that there will be different partners in those two areas. The fact that no trial sites have yet been announced in those areas indicates this strategy and the fact that these two partnerships could be very close at hand.

If there is some sort of 50/50 partnership for the US...that could also be close...and once it is announced there could be a surge in US sites.

Steve said they are partnering "this year". Could be months...could be days. AIMO.