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Bullboard - Stock Discussion Forum
Microbix Biosystems Inc.
T.MBX
Alternate Symbol(s):
MBXBF
Healthcare
Biotechnology
Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab...
proficiency testing, assay development and validation, or clinical lab workflows.
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Bullboard (TSX:MBX)
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(105)
•••
wizzdumb
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Comment by
wizzdumb
on Jun 20, 2023 2:19pm
RE:Press Release
That will definitely help, but I think we could also get some movement on big QAPs partnership announcements, which are coming. The initial FDA approval to release the next $2M US payment may help and
...more
(67)
•••
rjc7
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Post by
rjc7
on Jun 20, 2023 12:55pm
Press Release
Nothing will change with the stock price until they release at least 2 profitable Q's directly related to the new CAPs sales.
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 20, 2023 7:00am
New Press Release - Microbix & Labquality Create Novel Testing Accreditation Program
Innovative “EQA” Program to Qualify Labs for Genital Ulcer Disease Testing MISSISSAUGA, Canada and HELSINKI, Finland, June 20, 2023 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter and Labquality Oy...
read article.
(92)
•••
prophetoffactz
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Comment by
prophetoffactz
on Jun 16, 2023 7:50am
RE:RE:RE:RE:Q2 Earnings
You don't get to more than a dozen programs now under development with a large company without likely follow through. The large company is acting with CONVICTION. This is what Groome is
...more
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Jun 15, 2023 8:21pm
RE:RE:RE:Q2 Earnings
Exactly, and we recently learned this team WILL deliver. Many QAPs deals are coming, it's just timing. Announcements can come at any time. Third quarter closing soon and will show significant
...more
(92)
•••
prophetoffactz
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Comment by
prophetoffactz
on Jun 15, 2023 5:49pm
RE:RE:Q2 Earnings
Keep in mind Groome's Q2 comments as MBX continues its buyback and Kinlytic also progresses. The caps business is just about timing. The number of programs and clients is "just wild" and
...more
(4)
•••
tasman99
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Post by
tasman99
on Jun 15, 2023 9:31am
Since/if
mbx clot buster is such a great product. why did it take so long to find a partner? Is the partner a significant player in the industry? ...I've never heard of them Would past history be a reason
...more
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Jun 14, 2023 5:19pm
RE:Buyback continued in May
Others should follow their lead, I do.
(92)
•••
prophetoffactz
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Post by
prophetoffactz
on Jun 14, 2023 9:43am
Buyback continued in May
Filed 2023-06-13 09:15 Tx date 2023-06-02 $MBX Microbix Biosystems Inc. Microbix Biosystems Inc. 8 - Deemed Insider - 6 Months before
...more
(75)
•••
Mbxwatcher
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Comment by
Mbxwatcher
on Jun 13, 2023 10:27pm
RE:RE:RE:How many new products does it take…
Probably not all of it. I imagine the agency they engaged to make the deal gets something. But I agree it should boost this year's financial results
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Jun 13, 2023 6:35pm
RE:RE:How many new products does it take…
They got $2M already and will get $2M more almost certainly before fiscal year end on an asset that was written to zero already. That's right to the bottom line I believe.
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Jun 13, 2023 6:21pm
RE:How many new products does it take…
Agree. They definitely have no problem with new product development but they need to show the market they can sell a pile of it and make money doing it. Based on Cameron's previous comments they
...more
(75)
•••
Mbxwatcher
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Comment by
Mbxwatcher
on Jun 13, 2023 9:26am
RE:How many new products does it take…
I believe the market needs to see more QAPS deals. I re-read Bruce Krugels last report just the other day. At this time the consensus seemed to be almost $10 million of VTM sales per year......
...more
(67)
•••
rjc7
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Post by
rjc7
on Jun 13, 2023 8:49am
How many new products does it take…
It seems no matter how many new products they launch, the market just refuses to react. I just don't get it. On the other hand, I suppose developing them, and actually selling the product or two
...more
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