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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 wizzdumbon Jun 20, 2023 2:19pm
124 Views
Post# 35505739

RE:Press Release

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 is likely within this fiscal year, but with the lukewarm response to the deal itself I think that's unlikely. These little new product announcements are all good for the long term but nobody is paying attention at all. I make myself feel better by reviewing all the Kinlytic deal details and what that will mean in the future while everyone else worries about lack of VTM sales today, one will dwarf the other and be a historical footnote that nobody remembers. 

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