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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 Methodon Dec 10, 2020 5:20pm
122 Views
Post# 32083028

RE:Enlightenment required

RE:Enlightenment required

jdunlop wrote: My understanding is Microbix will supply the antigen to the drug companies who will then use it to make a vaccine. Please correct me here if I’m wrong.

 

I don't know if they are doing that. The growth is coming from the QAPs and VTM businesses which I don't believe have anything to do with the vaccine. I haven't paid much attention to the antigen biz as the CEO has indicated it should get back to 2019 levels once hospitals have more capacity.

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