Peregrine Pharmaceuticals is a biopharmaceutical company, focused on manufacturing pharmaceutical products through its contract manufacturing business, and licensing its immunotherapy product through its research and development business. Co.'s segments are: Avid, which is Co.'s contract development and manufacturing organization business, engaged in providing current good manufacturing practices services from cell line development to commercial biomanufacturing of molecules; and Peregrine, which is Co.'s research and development business, engaged in developing therapeutics designed to fight cancer by reversing the immunosuppressive environment that tumors establish in order to proliferate.

Preferred: PPHMP