TUSTIN, Calif., Aug. 08, 2018 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ:CDMO) (NASDAQ:CDMOP), 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 the company will
exhibit at the upcoming Bioprocessing Summit 2018. Avid will host a corporate booth (#310) in the conference’s exhibit hall, where
it will showcase the company’s comprehensive range of process development, high quality cGMP clinical and commercial manufacturing
services. The Bioprocessing Summit 2018 is being held August 13-17, 2018 in Boston, MA.
As part of its exhibit at the Bioprocessing Summit 2018, Avid will provide a virtual tour of the company’s
42,000 square foot state-of-the-art commercial biomanufacturing suite (Myford facility), which is in the unique position of being a
validated facility with immediately available 2,000-liter scale bioreactor capacity. The company will also discuss the ongoing
expansion of its process development capabilities and laboratories.
The Myford facility, located in Tustin, California, incorporates a variety of cutting-edge, single-use equipment
with the goal of ultimately accommodating a fully disposable biomanufacturing process. A wide range of innovative features are
incorporated into the facility including monolithic modular clean rooms, dedicated support utilities for each key processing area,
and the industry’s most advanced single-use production systems and flexible solutions. Uni-directional process flows separate
personnel and materials and provide assurance that the design meets the most stringent regulatory requirements for commercial
biologics drug substance manufacturing. This facility complements Avid’s legacy commercial facility, located on the same campus,
which continues to be responsible for the manufacture of multiple globally marketed commercial products.
For more information on the Bioprocessing Summit 2018, please visit: http://www.bioprocessingsummit.com/
About Avid Bioservices, Inc.
Avid Bioservices is a dedicated contract development and manufacturing organization (CDMO) focused on
development and cGMP manufacturing of biopharmaceutical products derived from mammalian cell culture. The company provides a
comprehensive range of process development, high quality cGMP clinical and commercial manufacturing services for the biotechnology
and biopharmaceutical industries. With 25 years of experience producing monoclonal antibodies and recombinant proteins in batch,
fed-batch and perfusion modes, Avid's services include cGMP clinical and commercial product manufacturing, purification, bulk
packaging, stability testing and regulatory strategy, submission and support. The company also provides a variety of process
development activities, including cell line development and optimization, cell culture and feed optimization, analytical methods
development and product characterization. www.avidbio.com
Contacts: Kelly Pisarev Lord Avid Bioservices, Inc. (800) 987-8256 Stephanie Diaz (Investors) Vida Strategic Partners 415-675-7401 sdiaz@vidasp.com Tim Brons (Media) Vida Strategic Partners 415-675-7402 tbrons@vidasp.com