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MedMira Inc V.MIR

Alternate Symbol(s):  MMIRF

MedMira Inc. is a Canada-based biotechnology company. The Company, through its subsidiaries, is engaged in the business of research, development and manufacturing of rapid diagnostics and technologies. The Company invests in research in order to maintain and expand its position in the global diagnostics market. Its research is focused on specific areas of the broader diagnostics market, namely the rapid, point-of-care, and in vitro sectors. The Company is the developer and owner of Rapid Vertical Flow (RVF) Technology. The Company's rapid test applications built on RVF Technology provide hospitals, labs, clinics and individuals with instant diagnosis for diseases such as Human Immunodeficiency Virus (HIV), Syphilis and hepatitis C in just three easy steps. The Company's tests are sold under the Reveal, Multiplo and Miriad brands in global markets. The Company's manufacturing facilities are located in Halifax, Nova Scotia, Canada.


TSXV:MIR - Post by User

Comment by Biofinanaceon Jul 13, 2020 4:01pm
232 Views
Post# 31262117

RE:RE:MIR vs Competition

RE:RE:MIR vs CompetitionThese are 2 different kind of tests - (PS: I like SONA a lot)

1) Infection vs Immunity - 
Sona antigen test measures virus itseld (very similar to RT-PCR based tests) while MIR test measures any neutralizing ab a person has developed which might shed some light in terms of gaining possible immunity. 

So, Sona is about if a person has a virus or not
& Mir is about if the person has immunity or not

2) Window of detection - 
Sona test has reletavily low window of catching virus in the upper respiratory tract as by week 2/3 the virus is mainly harbouring lower part of the lungs which is impossible to swab.
On the other hand, MIR's total Ab test can be done week 1 post symptoms developed untill week 6. 

3) Legacy players - 
In terms of virus dectection RT_PCR HTS screening machines already running day and night to capture infection. So SONA may face headwinds to displace such incumbents for detecting infections. Where as Ab readout for immunity is just one way i.e. to detect immunity. 
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