Lexagene Holdings Inc V.LXG

Primary Symbol: LXXGQ

Healthcare Medical Devices

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.

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Lexagene Holdings Inc > Crazy Volume

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Comment by Sandman852on Jan 02, 2020 11:26am

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Post# 30511064

RE:RE:RE:RE:Crazy Volume

I tend to agree with you ragb. That's exactly why the best way to get to market in a big way and profitably is to partner or license with a large player that has the ability capacity and existing infrastructure to push these units out to a global market in a short time frame.
Letting the partner absorb most of the costs in exchange for volume and a piece of the pie with little cost attached is ideal for a company this size. Hopefully they have a similar vision focused on value rather than being the next "big thing " and hoping to do so from their limiting position. Regardless we are heading in the right direction!

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