Replies to post #272493 on Avid Bioservices Inc (CDMO)

[Carboat]

corporal, that fact that you have mentioned that Bavi failed, which we both know isn't correct (Sunrise was stopped and as it didn't lead to approval one could call that a failure but we know, and will officially know with the up-coming presentation, that Bavi didn't fail.)

Of course it failed. And the fact that the stock goes down after the announcement of the data presentation should tell you how valuable that is going to be. Bavi could not beat the control - full stop end of story. It is a trial you don't get to pick and choose the control performance. Even the company has abandoned chemo.

[corporalagarn]

"corporal, that fact that you have mentioned that Bavi failed, which we both know isn't correct (Sunrise was stopped and as it didn't lead to approval one could call that a failure but we know, and will officially know with the up-coming presentation, that Bavi didn't fail.)"

There are two options, it failed or it was successful. I'm going with it failed. The pps is 38 cents so I think most would agree.

Have they failed with Cotara? If your answer is no(which I'm sure it is), then this conversation may as well be over.

Did the DIOS deal fail at least?

[Dragon Lady]

Quote LOL, "corporal, that fact that you have mentioned that Bavi failed, which we both know isn't correct (Sunrise was stopped and as it didn't lead to approval one could call that a failure but we know, and will officially know with the up-coming presentation, that Bavi didn't fail.)
"

NO, I know the corporal's statement is CORRECT? No confusion on my end? None?

BAVI..IT FAILED...clear and as certain as the sun came up this AM.

NO company spends $100 MILLION or more to get a "product candidate" all the way to a FDA level phase III trial, only to have that trial END PREMATURELY FOR FUTILITY.

Also, no company has their one and only main product candidate FAIL it's phase III trial, then "tries" to suddenly do a major company "pivot" (like a beauty make-over show on Lifetime channel) and "suddenly" starts to re-write all their PR, all their SEC filing headers, every piece of public info they issue to now proudly proclaim (always FIRST, always in the opening header) that they are a CONTRACT MANUFACTURER and that pesky "BAVI MAGIC" stuff, well..it's sorta kinda gonna be some "small"...you know...little "studies and tiny trials"...done by others while we "hopefully" try and find a place or thing it ACTUALLY FREAKING WORKS ON.

That's known as an epic PIVOT MANEUVER, an attempt to make a major change to the company's short and long term strategic plans and "reinvent" itself in hopes of surviving. For PPHM, this is PIVOT NUMBER.....WE'VE LOST COUNT I think, LOL !!! You can only put the lipstick on the pig so many times, in a few different colors- and well, you know, ya still got ya a big ole stinker in the end, not a beauty queen. But hey, the "C" suite boys are living large, and that's all that matters in the end, right?

THAT, to me, is known as a epic and spectacular FAILURE.

FAILURE..FAILURE...FAILURE...

I'll use a couple of other terms, if "failure" is not quite "palatable" enough:

BUST, WIPE OUT, CRASH AND BURN, KAPUT, BLEW UP...SCREWED THE POOCH....stuff like that...aka FAILED BIG TIME.