Avid Bioservices (CDMOP) Stock Analysis

What Avid Bioservices does

Avid Bioservices, Inc. functions as a contract development and manufacturing organization (CDMO) with a core specialization in biopharmaceutical drug substances cultivated through mammalian cell culture. The company excels in the production of crucial biologics, including monoclonal antibodies and recombinant proteins. Its extensive range of services covers both process development—encompassing upstream and downstream optimization, as well as the creation, testing, and characterization of analytical methods—and full current Good Manufacturing Practices (CGMP) compliant clinical and commercial manufacturing. These offerings extend to purification, bulk packaging, thorough release and stability testing, and vital regulatory submission and assistance for its clientele in the biotechnology and pharmaceutical sectors. Notably, Avid Bioservices is collaborating with Oragenics, Inc. on the development of a coronavirus vaccine under a process development and manufacturing agreement. Founded in 1981 and headquartered in Tustin, California, the company rebranded to Avid Bioservices, Inc. in January 2018, having formerly been known as Peregrine Pharmaceuticals, Inc.

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Frequently asked questions

What is the ticker symbol for Avid Bioservices?

Avid Bioservices trades under the ticker CDMOP on NASDAQ.

Which exchange is CDMOP listed on?

CDMOP is listed on NASDAQ.

What sector does Avid Bioservices operate in?

Avid Bioservices is classified in the Healthcare sector (Biotechnology industry).

How can PortView help analyze CDMOP in a portfolio?

PortView shows CDMOP's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.