Avid Bioservices Inc (CDMO)

[bigwup]

SK: One of the goals of the financing, obviously, is to ensure that we have the ability to execute on the Phase III study and to bring that all the way across the goal line. Of course, that puts you in a much stronger position with regard to partnering discussions, particularly as they think that you need the capital to complete the study, and they have the upper hand and that's going to work against you in any negotiation.

Makes no sense why SK would say the above. Like a partner is not going to listen to the CC or read the transcript. Makes no sense. Basically they are telling any potential partners we are fooling you. Yea right.