Replies to post #263313 on Avid Bioservices Inc (CDMO)

[cheynew]

That was really informative, thanks so much for providing the link. The judges seemed to give the plaintiff a hard time, we'll see how they rule. Hopefully SOON.

[horselover45]

Thank you very much.

Even an amateur can see this really weak case against Peregrine.

[itsabouttime]

CA has no mustard. Frivolous!!

[TekNuLoof]

I bet the 92 year old judge will decide to toss this case out the door once and for all. It might take a little time for him to send it out that door, but eventually, with the help of his cane he'll make it happen. The other judges will follow suit. Pun intended.

Jmo
Loofman

[sunstar]

CLASS ACT? ion? Neither! This malingering suit is, very clearly, DEAD IN THE WATER.

Bavi IS TRANSFORMATIONAL! More than doubled survival in the phase2 trial...............................And in SUNRISE Bavi performed as was expected. And, certainly, those expectations were high, and aimed at becoming the new Standard of Care, SOC, replacing Docetaxel. (Not against Docetaxel plus a third line Opdivo follow-up treatment.)

That SUNRISE data will be of interest to potential partners...It will carry weight for any future acquirer, and will be in Peregrine’s back pocket for show and tell.

But, I think we see pure I-O combinations for Bavi from here on going forward in collaborations and the eventual acquisition.

Thank you Habitual.

IMO

sunstar

[BioBS2012]

Thank you for sharing this. From my non-legal perspective, this CA is finished. Can't see any sane judge allowing this to move any further. That presiding judge appeared plenty sane (to me) from his comments. There does need to be a mandatory retirement age for judges (including the Supremes) - JMO. :-)

Some other thoughts - The Internal Review update of the Phase II trial took ~3 months (Sept. 24, 2012 to Jan. 7, 2013 - with Christmas / New Year's holiday period in between) We are now 2 months and 10 days past the interim look-in stop. ASCO is less then 30 days away. I believe we should be hearing something regarding the path forward within the next 30 days.

Cheers.