Replies to post #272541 on Avid Bioservices Inc (CDMO)

[NoMoDo]

You can easily get regular financing. Interest rates are at decades lows. Their is nothing special about Avid.

No you cannot. If a biotech is not profitable, they cannot go out and get regular financing. Period.

Avid/PPHM is special because they are growing their revenues at double digit rates... expected growthi over 100% in a year. When they show profitability, they will be able to get conventional financing if needed.