Avid Bioservices logo

Avid BioservicesNASDAQ: CDMO

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

United States

IPO:

04 April 1994

Next earnings report:

06 December 2024

Last dividends:

N/A

Next dividends:

N/A
$781.48 M
-62%vs. 3y high
72%vs. sector
-vs. 3y high
-vs. sector
-67%vs. 3y high
94%vs. sector
-71%vs. 3y high
64%vs. sector

Price

after hours | Wed, 20 Nov 2024 22:51:33 GMT
$12.25+$0.06(+0.49%)

Dividend

No data over the past 3 years
$40.17 M$33.80 M
$40.17 M-$5.53 M

Analysts recommendations

Institutional Ownership

CDMO Latest News

Punch and Associates sends letter to Board of Directors of Avid Bioservices, Inc.
businesswire.com14 November 2024 Sentiment: NEGATIVE

MINNEAPOLIS--(BUSINESS WIRE)--Punch & Associates intends to vote AGAINST proposed acquisition of Avid Bioservices, Inc. by GHO Capital and Ampersand Capital.

Semi-Solid Dosage CDMO Market Report 2024-2030: The Lubrizol Corporation, Cambrex Corporation, and Contract Pharmaceuticals Dominate the Competitive Landscape
globenewswire.com13 November 2024 Sentiment: POSITIVE

Dublin, Nov. 13, 2024 (GLOBE NEWSWIRE) -- The "Semi-Solid Dosage CDMO Market Size, Share & Trends Analysis by Route of Administration (Topical, Transdermal, Others), Product, Service, End-use, and Country, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global semi-solid Dosage CDMO market is expected to reach USD 67.4 billion by 2030, and anticipated to grow at a CAGR of 11.80% from 2024 to 2030.

Shareholder Alert: Ademi LLP Investigates Whether Avid Bioservices, Inc. Is Obtaining a Fair Price for Its Public Shareholders
businesswire.com08 November 2024 Sentiment: NEGATIVE

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Avid (NASDAQ: CDMO) for possible breaches of fiduciary duty and other violations of law in its transaction with GHO and Ampersand. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, stockholders of Avid will receive only $12.50 per share in an all-cash transaction valued at approximatel.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Avid Bioservices, Inc.
prnewswire.com07 November 2024 Sentiment: NEGATIVE

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Avid Bioservices, Inc. (NASDAQ: CDMO) and its board of directors concerning the proposed acquisition of the company by GHO Capital Partners LLP and Ampersand Capital Partners. Stockholders will receive $12.50 for each share of Avid Bioservices stock that they hold.

CDMO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Avid Bioservices to GHO Capital Partners and Ampersand Capital Partners
globenewswire.com07 November 2024 Sentiment: NEUTRAL

MONSEY, New York, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Avid Bioservices (Nasdaq: CDMO) (“Avid”) to GHO Capital Partners (“GHO”) and Ampersand Capital Partners (“Ampersand”) for $12.50 per share in cash. The sale price is below the price target for Avid of $14.00 per share of Wall Street analyst Paul Knight of KeyBanc (source: TipRanks).

Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO
globenewswire.com18 September 2024 Sentiment: POSITIVE

Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO

Avid Bioservices to Participate in Craig-Hallum Bioprocessing Conference
globenewswire.com12 September 2024 Sentiment: POSITIVE

TUSTIN, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ: CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced that the company will participate in the upcoming Craig-Hallum Bioprocessing Conference. Nick Green, president and chief executive officer, and Pramthesh Patel, Ph.D., vice president of process development, will be the featured speakers in a fireside chat at the conference, which will take place virtually on September 19, 2024.

Avid Bioservices, Inc. (CDMO) Q1 2025 Earnings Call Transcript
seekingalpha.com09 September 2024 Sentiment: NEUTRAL

Avid Bioservices, Inc. (NASDAQ:CDMO ) Q1 2025 Earnings Conference Call September 9, 2024 4:30 PM ET Company Participants Tim Brons - IR, Vida Strategic Partners Nick Green - President and CEO Dan Hart - CFO Matt Kwietniak - Chief Commercial Officer Conference Call Participants Sean Dodge - RBC Capital Markets Matt Hewitt - Craig-Hallum Capital Group Paul Knight - KeyBanc Capital Markets Max Smock - William Blair Operator Good day and thank you for standing by. Welcome to the Avid Bioservices First Quarter Fiscal Year 2025 Financial Results Conference Call.

Avid Bioservices to Report Financial Results for First Quarter of Fiscal Year 2025 After Market Close on September 9, 2024
globenewswire.com03 September 2024 Sentiment: POSITIVE

TUSTIN, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality services to biotechnology and pharmaceutical companies, today announced that it will report financial results for the first quarter of fiscal year 2025 on September 9, 2024, after market close and will host a webcast at 1:30 PM Pacific Time (4:30 PM Eastern Time). Members of Avid's senior management will discuss financial results for the first quarter and review recent corporate developments.

Lifecore Biomedical Announces Chief Financial Officer Transition
globenewswire.com29 August 2024 Sentiment: POSITIVE

Experienced CDMO Industry Financial Executive Ryan Lake Appointed CFO Experienced CDMO Industry Financial Executive Ryan Lake Appointed CFO

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What type of business is Avid Bioservices?

Avid Bioservices, Inc. operates as a contract development and manufacturing organization for the biotechnology and biopharmaceutical industries in the United States. It provides process development and current good manufacturing practice clinical and commercial manufacturing services of biologics, including clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, regulatory submission and support, upstream and downstream development and optimization, analytical methods development, cell line development, testing, and characterization services. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is based in Tustin, California.

What sector is Avid Bioservices in?

Avid Bioservices is in the Healthcare sector

What industry is Avid Bioservices in?

Avid Bioservices is in the Biotechnology industry

What country is Avid Bioservices from?

Avid Bioservices is headquartered in United States

When did Avid Bioservices go public?

Avid Bioservices initial public offering (IPO) was on 04 April 1994

What is Avid Bioservices website?

https://www.avidbio.com

Is Avid Bioservices in the S&P 500?

No, Avid Bioservices is not included in the S&P 500 index

Is Avid Bioservices in the NASDAQ 100?

No, Avid Bioservices is not included in the NASDAQ 100 index

Is Avid Bioservices in the Dow Jones?

No, Avid Bioservices is not included in the Dow Jones index

When was Avid Bioservices the previous earnings report?

No data

When does Avid Bioservices earnings report?

The next expected earnings date for Avid Bioservices is 06 December 2024