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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

Comment by EduardoSanchezon Apr 17, 2020 11:47am
111 Views
Post# 30922062

RE:RE:RE:RE: Is it time to sell LXG shares?

RE:RE:RE:RE: Is it time to sell LXG shares?Please stop you are emabarrasing yourself. Once again you display your complete lack of understanding of the diagnostic space. Instead of searching google for the latest covid 19 test that comes out of the woodwork. Why don't you start by understanding the different methods of testing  PCR, RT PCR, Antibody, Serology, Isothermal amplification... 

Your latest example of SureScreen is an antibody test. Antibody tests are not competition for RT PCR but complimentary. They are utilized after an infection to determine in somebody has had a virus. They are not used to identify if a patient currently is infected as Lexagene does. Big difference, there is a market for both.

Antibody tests are only good long after the acute phase of the infection…after the patient has infected all his/her friends family.  IgM comes up first about 13 days after viral exposure, and they can only detect 87%….they have to wait for 20 days to get a better detection rate. 
 
This is why RT-PCR (what LexaGene does) is preferred.

Feel free to contact Lexagene they are great at providing information re their tech as well as different test methods within the diagnostic space 
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