Company Avid Bioservices, Inc.

Equities

CDMO

US05368M1062

Pharmaceuticals

Market Closed - Nasdaq 21:30:01 03/05/2024 BST 5-day change 1st Jan Change
8.25 USD +0.61% Intraday chart for Avid Bioservices, Inc. +12.24% +26.92%

Business Summary

Avid Bioservices, Inc. is a contract development and manufacturing organization (CDMO). The Company provides a range of services from process development to Current Good Manufacturing Practices (CGMP) clinical and commercial manufacturing of biologics for the biotechnology and biopharmaceutical industries. It operates in a single segment, which is contract manufacturing and development services. The Company’s services include clinical and commercial product manufacturing, bulk packaging, release and stability testing and regulatory submissions support. The Company also provides a variety of process development services, including upstream and downstream development and optimization, analytical methods development, testing and characterization. It provides fully integrated and customized biomanufacturing services that support its customers from the early preclinical stage to commercial launch and supply.

Sales per Business

USD in Million2022Weight2023Weight Delta
Mammalian Cell Culture
84.0 %
99 83.0 % 125 84.0 % +26.32%
Process Development
16.0 %
20 17.0 % 24 16.0 % +17.40%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
120 100.0 % 149 100.0 % +24.81%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 29/07/20
Director of Finance/CFO 50 31/07/18
Chief Tech/Sci/R&D Officer - 31/12/98
Chief Operating Officer 59 08/10/19
Director/Board Member 65 26/11/17
Human Resources Officer - 15/11/22
Corporate Officer/Principal - 31/12/18
Corporate Officer/Principal - -
Corporate Officer/Principal - 03/11/21
Corporate Officer/Principal - 06/10/21

Members of the board

Members of the board TitleAgeSince
Director/Board Member 59 26/11/17
Chairman 78 26/11/17
Director/Board Member 68 24/07/19
Chief Executive Officer 60 29/07/20
Director/Board Member 66 27/06/21
Director/Board Member 64 02/12/20
Director/Board Member 65 26/11/17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 63,479,794 62,781,178 ( 98.90 %) 0 98.90 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
7.777 %
4,918,364 7.777 % 33 M $
4,784,239 7.565 % 32 M $
T. Rowe Price Investment Management, Inc.
6.882 %
4,352,252 6.882 % 29 M $
T. Rowe Price Investment Management, Inc.
6.882 %
4,352,252 6.882 % 29 M $
Millennium Management LLC
6.705 %
4,240,147 6.705 % 28 M $
Vanguard Fiduciary Trust Co.
5.721 %
3,617,873 5.721 % 24 M $
Point72 Asset Management LP
5.101 %
3,226,006 5.101 % 22 M $
AltraVue Capital LLC
4.703 %
2,974,333 4.703 % 20 M $
RBC Global Asset Management (US), Inc.
3.924 %
2,481,215 3.924 % 17 M $
Snyder Capital Management LP
3.261 %
2,062,028 3.261 % 14 M $

Company contact information

Avid Bioservices, Inc.

14191 Myford Road

92780-7017, Tustin

+714-508-6100

http://avidbio.com
address Avid Bioservices, Inc.(CDMO)
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