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Lexagene Holdings Inc V.LXG


Primary Symbol: LXXGQ

Lexagene Holdings Inc. is a molecular diagnostics company engaged in researching, developing and commercializing automated genetic analyzer devices in clinical and life science industries. The Company is focused on developing molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The Company's MiQLab System is an automated, open-access molecular diagnostic system for pathogen detection, allowing users to test for multiple pathogens onsite, returning results in approximately 2 hours. Its MiQLab System is an automated, multiplexing polymerase chain reaction (PCR)-based system designed for syndromic testing in human clinical diagnostics and veterinary diagnostics, as well as food safety testing, and open-access custom testing markets.


GREY:LXXGQ - Post by User

Post by NovaAU10000on Apr 22, 2019 5:52pm
187 Views
Post# 29656586

This is Nick Hodge's latest comment on Lexagene.

This is Nick Hodge's latest comment on Lexagene.
LexaGene (TSX-V: LXG)(OTC: LXXGF), fresh off a C$2.8 million raise, has announced that Dr. Jame Marsden has joined its advisory board to steer its penetration of the food industry. Marsden just retired from Chipotle, where he led a multi-year effort to rebuild the company’s reputation after multiple food illness episodes. He has served as an adviser to the White House on food safety and nutrition issues. Marsden says, "The food industry has been looking for the right genomics-based technology to adopt to help make their products safer. Lexagene's technology has the speed, breadth of detection, sensitivity and ease of use that the industry is demanding, and it is affordable enough for widespread adoption. Lexagene has an opportunity to set the standard for genomics-based pathogen detection in the food industry, and I look forward to helping them achieve this goal." The food angle is on top of the veterinary angle that I’ve been covering the past few months. LexaGene is a buy as it trades at C$0.67, and is due for a run toward $1.00.
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