Replies to post #283707 on Avid Bioservices Inc (CDMO)

[stoxx]

Billions in R&D spending by biopharmaceutical firms is resulting in fewer and fewer hit drugs, according to a Deloitte study

https://www.bloomberg.com/gadfly/articles/2017-01-03/biotech-m-a-in-2017-a-new-hope

[ststephensrevenge]

Yep...gobs of money in the bank to quickly expand AVID, a well funded outfit to run countless I/O trials and way less outstanding shares would definitely suck about right now.

Greed, stupidity and the inability to spread risk years ago is the exact reason we are in thus sorry state right now.

[revenue_monster]

Thats nonsense, you dont go through multiple RS holding out for massive payday that may never come. Absolute nonsense about rewriting history on how to negotiate with large pharma.