Avid Bioservices, Inc. (CDMO) NASDAQ

Currency In USD

AD

Avid Bioservices, Inc.

Address

2642 Michelle Drive

Tustin, CA 92780

United States of America (the)

Phone

714 508 6100

Sector

Healthcare

Industry

Biotechnology

Employees

371

First IPO Date

April 04, 1994

Key Executives

NameTitlePayYear Born
Nicholas Stewart GreenPresident, Chief Executive Officer & Director699,0071965
Matthew KwietniakChief Commercial Officer409,4331969
Richard RichieriChief Operations Officer411,9071965
Mark R. ZiebellVice President, General Counsel & Corporate Secretary477,1571964
Daniel R. HartChief Financial Officer497,1571973
AD

Description

Avid Bioservices, Inc. operates as a Contract Development and Manufacturing Organization (CDMO), specializing in the development and CGMP-compliant production of biopharmaceutical drug substances. Their core expertise lies in compounds derived from mammalian cell culture, providing both clinical and commercial scale manufacturing solutions. The company is proficient in producing critical therapeutics such as monoclonal antibodies and recombinant proteins. Beyond manufacturing, their comprehensive service portfolio encompasses CGMP manufacturing for drug substances, bulk packaging, rigorous release and stability testing, and essential regulatory submission and support. Additionally, Avid Bioservices offers a range of process development services, including the optimization of upstream and downstream processes, alongside the development, testing, and characterization of analytical methods. Avid Bioservices primarily serves clients within the biotechnology and biopharmaceutical industries. The company, which was originally incorporated in 1981, was known as Peregrine Pharmaceuticals, Inc. before officially rebranding to Avid Bioservices, Inc. in January 2018. Its corporate headquarters are situated in Tustin, California.

AD