Microbix Biosystems Inc. T.MBX

Canada imported over 55 million dollars VTM 2019

[RazeKreations]

This is how much VTM Canada imported Before covid! Over 55 million dollars in 2019 Canada Swab and Viral transport medium set (382100) imports by country | 2019 | Data https://wits.worldbank.org/trade/comtrade/en/country/CAN/year/2019/tradeflow/Imports/partner/ALL/nomen/h5/product/382100

[RazeKreations]

If you can't get that link to work do a search for viral transport media import Canada

[lscfa]

That's $55 million USD but Canada exported $35 million USD too so net $20 million USD. 

[Mbxwatcher]

What I find encouraging is that these numbers are pre Covid.  I can't see any testing doing anything but expanding from here on in.  Have to think we have learned some lessons in all of this

[RazeKreations]

< the us exported just over 38 million dollars of vtm to canada they were the biggest exporter to canada the="" us="" exported="" just="" over="" 38="" million="" dollars="" of="" vtm="" to="" canada="" they="" were="" the="" biggest=""

[rovanie]

Raze, you're certainly doing really high value added research for the group here!  I really appreciate it, and value it highly.  MBX could offset even 1/3 of that USD55 million, which would be USD18 million or about CAD 22.7 million.  This alone is double MBX's current annual revenues which are running in the $12 million range.  Now, it would be really great if they

[Mbxwatcher]

I agree Raze thank you.  I always wondered what happens post Covid to VTM.  Their initial targe is 1m per month.  That seems easily achievable in Ontario.  And then there is the rest of the world. So I'd like to thank you again.  IMO this puts a pin in VTM and it's just a matter of time.  A real business in a market to sell our high quality product.  

[RazeKreations]

Thank you rovanie for the kind words My beleif is that bullboards ars here for learning and asking questions.  I also beleive that commenting should be as factual as possible and without exageration. Those that discover new or important information should share with others so everyone has the information they need to make as informed decision as is possible. We all exagerate a

[Mbxwatcher]

 Thank you!!!!! That's a huge number.  It should remove any fear of VTM volumes post COVID. great contribution 

[wizzdumb]

Yes, good find. It would make sense that a large proportion of that would be for Ontario. I hope we finally get to see some guidance from management on future sales now that they have large contract agreement(s) in place. This should take out some of the guess work that they have typically had to contend with and should help analysts/potential shareholders value the business more appropriately

[RazeKreations]

Worth repeating for those that think demand for VTM is going to diminish