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Avid Bioservices Appoints Elie G. Hanania, Ph.D., as Vice President, Process Development, Viral Vector Technologies

Avid Bioservices Appoints Elie G. Hanania, Ph.D., as Vice President, Process Development, Viral Vector Technologies
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Elieg Hanania , University Of Texas Medical Branch , Md Anderson Cancer Center , Exchange Commission , Merck Kga , Avid Bioservices Inc , Merck Kgaa , University Of Texas , Aboutavid Bioservices Inc , Fujifilm Diosynth Biotechnologies , Millipore Sigma , Texas Medical , Drew Brennan , Costa Mesa , Avid Bioservices , Private Securities Litigation Reform Act , Stephanie Diaz , Vida Strategic Partners ,

Avid Bioservices Announces Appointment of Esther M. Alegria, Ph.D., to Board of DirectorsFormer SVP of Global Manufacturing at Biogen Has Nearly 30 Years of Biopharmaceutical Industry Experience

Avid Bioservices, Inc. Announces Pricing of $125 Million Offering of Exchangeable Senior Notes


Avid Bioservices, Inc. Announces Pricing of $125 Million Offering of Exchangeable Senior Notes
March 10, 2021 00:20 ET
| Source:
Avid Bioservices, Inc
Avid Bioservices, Inc
Tustin, California, UNITED STATES
TUSTIN, Calif., March 10, 2021 (GLOBE NEWSWIRE) Avid Bioservices, Inc. (NASDAQ:CDMO) (NASDAQ:CDMOP) (the “company”), 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 its wholly-owned subsidiary, Avid SPV, LLC (the “Issuer”), has priced its sale of $125 million aggregate principal amount of exchangeable senior notes due 2026 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuan ....

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