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.

TSX:MBX - Post by User

Microbix Biosystems Inc.

<< Previous

Bullboard Posts

Next >>

Post by ssdasmmon Jan 08, 2021 3:05pm

176 Views

Post# 32255945

Testing

Ontario alone is doing between 50 - 60 thousand tests a day, sadley cases were over 4200 today, so testing will increase. As per Cameron's update, in January they will start with 1 shift per day which produces 10000 tests / 5 days a week = (1 million per month in revenue). A second shift can easily be added, and a 3rd. They can twin the line and with some automation they can get to 60000 tests in time. His update also hinted at a record Q1, doing a little math, Q2 should be very interesting.

<< Previous

Bullboard Posts

Next >>

A junior copper-gold stock trading at a bargain of monumental proportions