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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 Mbxwatcheron Oct 05, 2021 12:54pm
197 Views
Post# 33967474

RE:RE:RE:RE:RE:RE:Conventional wisdom says...

RE:RE:RE:RE:RE:RE:Conventional wisdom says...Just watched Cameron on the AdCap newsletter.
Seems optimistic about sales growth for 2022 mirroring that of 2021 with similar or improved margins.
He specifically mentioned the $1.70 targets from IA and KRC Insights, and certainly seemed comfortable with those targets.

I missed the announcement of the QAPS approvals to support Covid Viral Variants, which he indicated is spurring on further orders of QAPS.  Did not mention next Ontario VTM order, but did indicate that they had just finished shipping out the last of the first order in September.

Outlook continues to remain great. Hopefully the share prices catches up slightly with the optimism
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