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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Bullboard Posts
Post by longondmxon May 15, 2015 6:34am
105 Views
Post# 23731593

Quarterly release

Quarterly releaseManagement should let us know their estimate of the cost of their order to pay Novartis so we can digest and move on.  Also, I really hope they don't appeal the decision...and not pursue the European lawsuit -but rather direct all attention to other priorities. 

If we get some decent news in the quarterly release, including decent revenue growth and profitability, and management downplays this event and emphasizes the continued growth of their core business and the potential of their pipeline products, then we may even see the stock hold its own or even end up higher.  Again, much of that depends on the results and management's comments in the release.  If they stay quiet or the message is not clear, we are going down. 
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Bullboard Posts