Replies to post #283576 on Avid Bioservices Inc (CDMO)

[Carboat]

You are presenting opions as facts:

4) Avid's backlog is bigger then its turn over, that must be included in the multiplication because it is SIGNED business with a fine if the orders would be cancelled.

Really a penalty? You have seen these contracts?

Avid is nothing special. A perfectly fine boring mfg. company except for the pphm overhead which is an anchor. Anyone with capital can reproduce avid. And the little issue of overdependentbeing on a couple of customers, a huge red flag, is conveniently omitted.

[asmarterwookie]

One thing I would add is that while attending AACR 2014 Steve Worsely told us that PPHM/Avid was angling towards producing molecules for small startups for free but attaing rights to the molecule. I wonder if anything is happening on that front.

wook