Replies to post #240295 on Avid Bioservices Inc (CDMO)

[honestabe13]

not to mention that the settlement no doubt prohibits pphm filing such a criminal complaint..

[Protector]

jbainseky, I wasn't talking about the procedure of how a criminal law-suit comes to exist.

The Judge said they came up with it to late in the trial but he didn't say they couldn't take that up separately or via another road, for instance the criminal one.

A different road, if penal and not civil, would include a complaint. It nowhere says they could FILE a criminal lawsuit.

I also anticipated that CSM might have negotiated the possibility out in the settlement or at least partially...that is... no complaint against CSM the company. And maybe the settlement is just that low in cash because part of the other terms CSM/JB gave PPHM all the needed information about what PPHM wants to know: Who is behind this sabotage. We only see the cash part, not whatever has been negotiated more then that.

Your speculation below is as good as any other, I didn't take any position on that.

The case is closed and no way PPHM is pursuing this further.

I have only been saying that if PPHM makes a civil attempt to file for INTEND they only do so because they believe and think they can make a case for INTEND.

It would then be strange that if, blocked by a Summary Judgement telling them to stick to 'contract breach', they cannot pursue that line and they would simply forget about it IF (as in IF) any OTHER path towards a criminal lawsuit (e.g. by mains of a complaint with an accredited gov's investigation-al body) would still exist. So either r's info is correct and such body is currently investigating now that the civil part is done and/or some extra non-cash stuff is in that settlement that allows PPHM to deal with this in a different way.

Then again, mostly such settlements only require pay-back of the settlement money if the settlement contract isn't honoured and that means PPHM could actually do whatever they want provided they are prepared to pay the settlement money back. We are talking about an amount that is LESS then the yearly remuneration of a BoD member.

And on a side note. I would not be surprised that after kicking Opdivo out, Yervoy might not make it any further then PI (or might even be stopped early). And I have a few chemo's in mind that we might also see disappear out of PPHM's clinical trials in the next 24 months as is practical. And I would not be surprised that it would be related in some way to the above discussion. But that is SPECULATION of course.