Replies to post #191481 on Avid Bioservices Inc (CDMO)

[Frustrated]

Oh now pphm has not partnered because of multiple partners being interested?

Yes that statement is almost comical. We have multiple partners interested yet the price keeps going down instead of a bidding war between two interested partners. Maybe it is a new thing that each interested partner agrees to manipulate the price as low as possible so that whoever wins they get a lower price. Yeah thats the ticket. All imo.

[jbainseky]

Carboat, I just have to ask....

In your opinion, how many BP do you think would complely buy PPHM our right now for $375M, or a 50% premium? I think every single one would jump at that chance. What do you say?

so to make the blanket statement that there are multiple BP interested in a buyout/partnership is a CLEAR-CUT YES. But I understand you have to throw in the price, afterall, a buyout or partnership has to be agreed to by both sides. Clearly there is no agreement on the "terms" of any such partnership/buyout. That can be good or bad for shareholders. I personnaly prefer not to have a partner at this time. I trust the PPHM team knows better than me (and better than anyone on this board)what they have, and what is the best path to an approval.

SK has made it clear he wants a partner that is looking for a regional partner, one with experience getting approvals outside the US, and with the drugs/means to go after many indications. key is that first approval, which is most likely going to come from the SUNRISE trial. They don't need a partner for SUNRISE.

Approval before partnership/buyout.

So please let us all know if you really think there is no partnership interest in BP for PPHM/BAVI.

All JIMHO

JBAIN