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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 Jul 21, 2023 1:59pm
113 Views
Post# 35551893

RE:RE:RE:Added to position...

RE:RE:RE:Added to position...

Somewhat agree, but a Kinlytic deal announcement is pretty big thing to gloss over. I think few have looked into it in any detail and do not understand the significance. 

The delays in getting formal signed QAPs deals announced is frustrating but as Cameron previously said this doesn't not mean they are not shipping product, it just means they aren't doing it under a longer term formal supply agreement. Hopefully the QAPs numbers will surprise for third quarter and antigens continue their recovery. All the back office quality system updates and automation should be finally finishing and they have lots of cash available to appease their customers liquidity concerns so if they can't start delivering the goods the list of reasonable and believable excuses is dwindling. We shall see very soon. If recent history is any guide we have been seeing big announcements close to quarterly update time so maybe some surprises in store the next 2-3 weeks  


 

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