Avid Bioservices Reviews

Old boy system. People that have been there more than few years have been promoted although they don't really have the industry experience. They contradict the newly industry experienced people. Decisions seem to be made that benefit the company or to protect themselves. Quality is just a term they throw around but it doesn't follow what industry expects. They need to hire leadership that does have industry experience and remove unqualified older management starting from the CEO down to managers.

CEO and CEO only have industry experience from this company, so they remain tragically and sometimes embarrassingly inexperienced. CFO is essentially an accountant with an inexplicably large staff. He often creates knee-jerk rules, many of which are laughably naïve. CEO is too intimidated by his senior staff to make independent decisions. For a company that is over 30 years old very few senior management have pharmaceutical industry experience. The company has never produced a profit. Ever. Think about it. None of their clinical stage drugs have any chance whatsoever of becoming approved products. That was shown recently when when bavituximab recently (and mercifully) failed a pivotal trial.