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Avid Bioservices Inc's Business Segments
Avid Bioservices Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
2
Largest Segment
Manufacturing Revenues
Total Revenue
$ 33
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Manufacturing Revenues81.5%
- Process Development Revenues18.5%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Manufacturing Revenues | $ 27 | 81.5% |
| Process Development Revenues | $ 6 | 18.5% |
Revenue by Product & Service Category - FY
- Manufacturing Revenues81.5%
- Process Development Revenues18.5%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Manufacturing Revenues | $ 27 | 81.5% |
| Process Development Revenues | $ 6 | 18.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Manufacturing Revenues81.5%
- Process Development Revenues18.5%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Manufacturing Revenues | $ 27 | 81.5% |
| Process Development Revenues | $ 6 | 18.5% |
Description of Avid Bioservices Inc
Avid Bioservices Inc is a leading contract development and manufacturing organization (CDMO) that provides contract manufacturing services for biotechnology and pharmaceutical companies. The company is headquartered in Tustin, California, and has manufacturing facilities in Southern California and Myford.
Avid Bioservices Inc is one of the largest providers of manufacturing services for biotech drugs in North America. It has a team of experienced professionals that provide technical expertise and support for the manufacturing of antibodies and recombinant proteins. The company offers custom development and manufacturing services that are designed to help clients advance their drug candidates from discovery to commercialization.
The company's manufacturing services include cell culture, purification, process development, analytical development, stability testing, and fill–finish. Avid Bioservices Inc's manufacturing facilities are equipped with state-of-the-art technologies and are regularly audited by regulatory bodies such as the Food and Drug Administration (FDA).
In addition to manufacturing services, Avid Bioservices Inc offers consulting services that help clients with their regulatory submission process. It has extensive experience in providing regulatory support for biotech drugs, and its team of experts offers guidance and support throughout the regulatory process.
Avid Bioservices Inc's customers include biotech and pharmaceutical companies that are developing biologic drugs for a range of diseases. Its client base includes both large and small pharmaceutical companies, and the company has a proven track record of successful partnerships with clients.
Overall, Avid Bioservices Inc is a leading CDMO that provides a wide range of manufacturing and regulatory support services to help clients bring their biotech drugs to market. Its experienced team, state-of-the-art facilities, and extensive regulatory expertise make it a top choice for biotech and pharmaceutical companies.
Avid Bioservices Inc is one of the largest providers of manufacturing services for biotech drugs in North America. It has a team of experienced professionals that provide technical expertise and support for the manufacturing of antibodies and recombinant proteins. The company offers custom development and manufacturing services that are designed to help clients advance their drug candidates from discovery to commercialization.
The company's manufacturing services include cell culture, purification, process development, analytical development, stability testing, and fill–finish. Avid Bioservices Inc's manufacturing facilities are equipped with state-of-the-art technologies and are regularly audited by regulatory bodies such as the Food and Drug Administration (FDA).
In addition to manufacturing services, Avid Bioservices Inc offers consulting services that help clients with their regulatory submission process. It has extensive experience in providing regulatory support for biotech drugs, and its team of experts offers guidance and support throughout the regulatory process.
Avid Bioservices Inc's customers include biotech and pharmaceutical companies that are developing biologic drugs for a range of diseases. Its client base includes both large and small pharmaceutical companies, and the company has a proven track record of successful partnerships with clients.
Overall, Avid Bioservices Inc is a leading CDMO that provides a wide range of manufacturing and regulatory support services to help clients bring their biotech drugs to market. Its experienced team, state-of-the-art facilities, and extensive regulatory expertise make it a top choice for biotech and pharmaceutical companies.
Avid Bioservices Inc. is a prominent biopharmaceutical contract manufacturing organization (CMO) committed to delivering an array of high-quality manufacturing and development services tailored for the pharmaceutical and biotechnology sectors. Operating from a modern and sophisticated facility located in Tustin, California, Avid focuses on supporting its clients throughout the biomanufacturing process, from early-stage development to commercial-scale production.
Segments
Avid Bioservices categorizes its business operations into two primary segments:
1. Biomanufacturing Services:
This segment encompasses comprehensive manufacturing solutions for a variety of biopharmaceutical products. Avid provides its clients with contract development and manufacturing services for biologics, which include:
- Recombinant Proteins: These proteins, produced through biotechnology methods, play a crucial role in the treatment of diseases such as cancer, anemia, multiple sclerosis, and hemophilia. Avids expertise ensures that these proteins are manufactured efficiently and meet the rigorous standards required for therapeutic use.
- Monoclonal Antibodies: Avid specializes in the production of monoclonal antibodies, which are engineered to specifically target antigens associated with diseases, including cancer, autoimmune disorders, and inflammatory conditions. The precision of monoclonal antibodies makes them a cornerstone in modern therapeutics.
- Viral Vectors: These are innovative tools utilized in gene therapy aimed at delivering genetic information to cells. Avid Bioservices develops viral vectors for the treatment of both genetic and acquired conditions, playing a crucial role in advancing next-generation therapies.
- Vaccines: Avid offers manufacturing services for vaccines, which are vital for harnessing immune responses against specific pathogens. The company caters to various vaccine development needs, supporting the broader public health goal of disease prevention.
Avid’s biomanufacturing offerings also include critical services such as process development, clinical and commercial-scale manufacturing, and aseptic fill and finish operations.
2. Clinical Development:
Avid Bioservices extends its capabilities into Clinical Development services, ensuring that clients receive comprehensive support throughout the regulatory and clinical landscape of biopharmaceutical development. This includes:
- Phase I Clinical Trial Support: Avid provides strategic assistance to clients during the crucial initial phases of clinical trials, helping to streamline operations and optimize trial outcomes.
- Regulatory Affairs: The company aids in the navigation through regulatory complexities, offering expertise in the preparation of submissions and facilitating effective interactions with regulatory bodies.
- Drug Development Consulting: Avids knowledgeable professionals work closely with clients to provide strategic insights and guidance throughout the drug development process, optimizing pathways towards successful regulatory approval.
Products
Avid Bioservices is capable of manufacturing an extensive array of biopharmaceutical products, notably including:
1. Recombinant Proteins: Catering to therapeutics used in various diseases, reinforcing the significance of biomanufacturing in modern medicine.
2. Monoclonal Antibodies: Essential for targeted therapies in oncology and autoimmune conditions, Avids production capabilities ensure high specificity and efficacy.
3. Viral Vectors: Facilitating groundbreaking gene therapies, these vectors are key in clinical applications aimed at correcting genetic disorders or introducing new functions into cells.
4. Vaccines: Manufactured to invoke robust immune responses, Avid contributes to the development and supply of vaccines crucial to public health initiatives.
Services
Avid Bioservices provides a diverse and robust suite of technical and regulatory services, ensuring comprehensive support throughout the biomanufacturing lifecycle:
1. Process Development: Leveraging extensive expertise in bioprocess design and optimization, Avid aids clients in transitioning from laboratory-scale production to large-scale commercial manufacturing seamlessly.
2. Aseptic Fill and Finish: The company offers aseptic filling services for various delivery formats, including vials, syringes, and cartridges, which are essential for maintaining product integrity.
3. Analytical Services: Avid is equipped with advanced analytical capabilities to conduct thorough characterization, stability assessments, and release testing for biologic products, ensuring compliance with stringent regulatory standards.
4. Regulatory Support: Avid offers comprehensive assistance in navigating the regulatory landscape, including the preparation of necessary documentation for submissions and ongoing support during audits and inspections.
5. Supply Chain Management: The organization manages an efficient supply chain for all materials associated with biomanufacturing processes, ensuring timely availability and delivery of products.
In summary, Avid Bioservices Inc. presents a comprehensive portfolio of biomanufacturing services and clinical development support that effectively caters to the unique needs of biopharmaceutical companies. With its state-of-the-art facilities, advanced technologies, and a skilled workforce, Avid stands out as a premier partner in the evolution of biopharmaceutical production and development.
Segments
Avid Bioservices categorizes its business operations into two primary segments:
1. Biomanufacturing Services:
This segment encompasses comprehensive manufacturing solutions for a variety of biopharmaceutical products. Avid provides its clients with contract development and manufacturing services for biologics, which include:
- Recombinant Proteins: These proteins, produced through biotechnology methods, play a crucial role in the treatment of diseases such as cancer, anemia, multiple sclerosis, and hemophilia. Avids expertise ensures that these proteins are manufactured efficiently and meet the rigorous standards required for therapeutic use.
- Monoclonal Antibodies: Avid specializes in the production of monoclonal antibodies, which are engineered to specifically target antigens associated with diseases, including cancer, autoimmune disorders, and inflammatory conditions. The precision of monoclonal antibodies makes them a cornerstone in modern therapeutics.
- Viral Vectors: These are innovative tools utilized in gene therapy aimed at delivering genetic information to cells. Avid Bioservices develops viral vectors for the treatment of both genetic and acquired conditions, playing a crucial role in advancing next-generation therapies.
- Vaccines: Avid offers manufacturing services for vaccines, which are vital for harnessing immune responses against specific pathogens. The company caters to various vaccine development needs, supporting the broader public health goal of disease prevention.
Avid’s biomanufacturing offerings also include critical services such as process development, clinical and commercial-scale manufacturing, and aseptic fill and finish operations.
2. Clinical Development:
Avid Bioservices extends its capabilities into Clinical Development services, ensuring that clients receive comprehensive support throughout the regulatory and clinical landscape of biopharmaceutical development. This includes:
- Phase I Clinical Trial Support: Avid provides strategic assistance to clients during the crucial initial phases of clinical trials, helping to streamline operations and optimize trial outcomes.
- Regulatory Affairs: The company aids in the navigation through regulatory complexities, offering expertise in the preparation of submissions and facilitating effective interactions with regulatory bodies.
- Drug Development Consulting: Avids knowledgeable professionals work closely with clients to provide strategic insights and guidance throughout the drug development process, optimizing pathways towards successful regulatory approval.
Products
Avid Bioservices is capable of manufacturing an extensive array of biopharmaceutical products, notably including:
1. Recombinant Proteins: Catering to therapeutics used in various diseases, reinforcing the significance of biomanufacturing in modern medicine.
2. Monoclonal Antibodies: Essential for targeted therapies in oncology and autoimmune conditions, Avids production capabilities ensure high specificity and efficacy.
3. Viral Vectors: Facilitating groundbreaking gene therapies, these vectors are key in clinical applications aimed at correcting genetic disorders or introducing new functions into cells.
4. Vaccines: Manufactured to invoke robust immune responses, Avid contributes to the development and supply of vaccines crucial to public health initiatives.
Services
Avid Bioservices provides a diverse and robust suite of technical and regulatory services, ensuring comprehensive support throughout the biomanufacturing lifecycle:
1. Process Development: Leveraging extensive expertise in bioprocess design and optimization, Avid aids clients in transitioning from laboratory-scale production to large-scale commercial manufacturing seamlessly.
2. Aseptic Fill and Finish: The company offers aseptic filling services for various delivery formats, including vials, syringes, and cartridges, which are essential for maintaining product integrity.
3. Analytical Services: Avid is equipped with advanced analytical capabilities to conduct thorough characterization, stability assessments, and release testing for biologic products, ensuring compliance with stringent regulatory standards.
4. Regulatory Support: Avid offers comprehensive assistance in navigating the regulatory landscape, including the preparation of necessary documentation for submissions and ongoing support during audits and inspections.
5. Supply Chain Management: The organization manages an efficient supply chain for all materials associated with biomanufacturing processes, ensuring timely availability and delivery of products.
In summary, Avid Bioservices Inc. presents a comprehensive portfolio of biomanufacturing services and clinical development support that effectively caters to the unique needs of biopharmaceutical companies. With its state-of-the-art facilities, advanced technologies, and a skilled workforce, Avid stands out as a premier partner in the evolution of biopharmaceutical production and development.