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IBEX Technologies Inc V.IBT

IBEX Technologies Inc., through its wholly owned subsidiary, IBEX Pharmaceuticals Inc., manufactures and markets enzymes for biomedical use. IBEX Pharmaceutical Inc.’s primary business is the manufacture and selling of high purity enzymes for in-vitro diagnostics and research. The Company also makes and sell osteoarthritis kits (ELISA’s) for pre-clinical research. The Company has developed a proprietary expression for the production of its enzymes in Flavobacterium heparinum. This expression system allows for producing each glycosaminoglycan (GAG) enzyme separately from other enzymes therefore achieving the highest purity using a well-defined proprietary purification scheme. The Company operates in one industry segment: the production and sale of diagnostic products.


TSXV:IBT - Post by User

Post by guarantor1on Dec 15, 2021 6:21pm
156 Views
Post# 34234817

Excellent Numbers...AND Strong Guidance

Excellent Numbers...AND Strong Guidance"We are pleased with the continued growth driven by strong sales of heparinase-based products” said Paul Baehr, IBEX President & CEO. “and with the continued strengthening of the Company’s balance sheet. We foresee the trend to continue for the balance of the fiscal year.”

Anybody who has followed Ibex, know that Paul would not be that positive looking forward, unless there was a high degree of certainty.

imo,
G
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