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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

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.


TSX:MBX - Post by User

Comment by rovaniemiroveron Dec 07, 2020 11:00am
119 Views
Post# 32049173

RE:this what is required to make VTM for market

RE:this what is required to make VTM for marketRazeKreations, that is really great information! ... thank you so much for sharing!!  This gives a very good sense of the size of the market in Canada for VTM.  Looks like all VTM is currently imported, and a domestic manufacturer could really pick up a great percentage of the market.  Evey 80% of the market would be $45 million, which would be more than 3x MBX's current revenues that are in the $13 million range.  Alone this could take the share price to $1.20.
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