Replies to post #202764 on Avid Bioservices Inc (CDMO)

[cheynew]

The class action needs to be dismissed first IMO.

[The Other Guy]

Maybe this is a reason for the delay request: Peregrine and CSM have an out-of-court settlement established with a stipulation that the CA against Peregrine management needs to be dismissed. This may be to avoid further lawsuits. And maybe the CSM settlement will wipe CSM out. This could be why Finken has legally established a new contract company?

[biopharm]

Why would Peregrine want to keep delaying this trial; especially, if they know that CSM was responsible for the P2 Debacle?

Hint: If the courts need some legal documents on exactly what Peregrine should be reimbursed and if Peregrine signs a deal worth "$$$" then now this is a way to show the courts that Peregrine gets more money in the settlement.

Hmmm... if global leaders and scientific minds conclude PS Targeting is all the hype, then Peregrine gets everything they want out of the CSM damages and with the intent at stakes, CSM and insurance can both go under.

I doubt the insurance takes that risk.