Richard Richieri is responsible for CGMP operations to include: process development, technical operations, facilities, supply chain, and manufacturing.
Mr. Richieri has extensive experience in CGMP manufacturing, process development and project management in the biotech industry. He has spent over 25 years designing, developing and optimizing manufacturing processes for biologic drugs. He received his Bachelor’s degree in Chemical Engineering from the University of California, Los Angeles (UCLA) and his Master’s Degree in Chemical Engineering from the University of California, San Diego (UCSD). As part of his Master’s program, he studied how modifications to the cell cycle can improve monoclonal antibody production; an expertise that served him well when he began his industry career working at Xoma manufacturing antibodies for clinical trials using microbial and mammalian cell-based processes.
In 1996, he joined Peregrine Pharmaceuticals and worked on process engineering for each one of the company’s clinical antibody programs. In 2002, Peregrine launched Avid Bioservices, a contract manufacturing subsidiary. During Avid’s formative years, Mr. Richieri, as Senior Vice President of Bioprocess Development and Manufacturing, was responsible for attracting many new clients to utilize the company’s contract development and manufacturing services. He provided oversight in all aspects of the development and production process for both American and European clients dealing with FDA and EMA directives regarding manufacturing compliance. During his tenure, Mr. Richieri also helped Avid diversify its production capabilities to include several large stainless steel bioreactor units, as well as the more agile single use disposable units. He led comparative studies to evaluate the system performance of both types of bioreactors and presented these results at major conferences as case studies, making Mr. Richieri a recognized authority on disposable manufacturing and cost-effective biologics production. Since 2011, Mr. Richieri has been acting as a consultant to the pharmaceutical industry, including being named as a Samsung Global Advisor for their biosimilar program and as acting head of biologics production at Syngene International.
What is Richard A. Richieri's net worth?
The estimated net worth of Richard A. Richieri is at least $618,939.83 as of January 10th, 2025. Mr. Richieri owns 49,535 shares of Avid Bioservices stock worth more than $618,940 as of May 13th. This net worth estimate does not reflect any other investments that Mr. Richieri may own. Additionally, Mr. Richieri receives an annual salary of $411,910.00 as CGMP Operations at Avid Bioservices. Learn More about Richard A. Richieri's net worth.
How old is Richard A. Richieri?
Mr. Richieri is currently 59 years old. There are 3 older executives and no younger executives at Avid Bioservices. The oldest executive at Avid Bioservices is Mr. Mark R. Ziebell J.D., VP, General Counsel & Corporate Secretary, who is 60 years old. Learn More on Richard A. Richieri's age.
What is Richard A. Richieri's salary?
As the CGMP Operations of Avid Bioservices, Inc., Mr. Richieri earns $411,910.00 per year. There are 3 executives that earn more than Mr. Richieri. The highest earning executive at Avid Bioservices is Mr. Nicholas Stewart Green B.Sc., MBA, President, CEO & Director, who commands a salary of $699,010.00 per year. Learn More on Richard A. Richieri's salary.
How do I contact Richard A. Richieri?
The corporate mailing address for Mr. Richieri and other Avid Bioservices executives is 2642 Michelle Drive Suite 200, TUSTIN CA, 92780. Avid Bioservices can also be reached via phone at (714) 508-6100 and via email at sdiaz@vidasp.com. Learn More on Richard A. Richieri's contact information.
Has Richard A. Richieri been buying or selling shares of Avid Bioservices?
Richard A. Richieri has not been actively trading shares of Avid Bioservices within the last three months. Most recently, Richard A. Richieri sold 2,283 shares of the business's stock in a transaction on Friday, January 10th. The shares were sold at an average price of $12.37, for a transaction totalling $28,240.71. Following the completion of the sale, the insider now directly owns 49,535 shares of the company's stock, valued at $612,747.95. Learn More on Richard A. Richieri's trading history.
Who are Avid Bioservices' active insiders?
Are insiders buying or selling shares of Avid Bioservices?
In the last twelve months, insiders at the biopharmaceutical company sold shares 13 times. They sold a total of 378,389 shares worth more than $4,552,451.43. The most recent insider tranaction occured on January, 10th when insider Richard A Richieri sold 2,283 shares worth more than $28,240.71. Insiders at Avid Bioservices own 3.1% of the company.
Learn More about insider trades at Avid Bioservices. Information on this page was last updated on 1/10/2025.