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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 Aug 14, 2023 5:37pm
115 Views
Post# 35587844

RE:RE:RE:RE:Q2 earnings transcript

RE:RE:RE:RE:Q2 earnings transcript Call was fine. My summary is that VTM is dead in the water barring some sort of miracle and that QAPs business is still looking very good but revenues coming slower than expected due to customer/FDA delays getting their new machines approved and long business development process which all makes sense but is disappointing. Software updates all live. Kinlytic waiting on next meeting with FDA which should be concluded and announced by end of November at the latest. Only intriguing thing to me was comments on potentital acquisition(s) at end of call, seems they may have something identified. 
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