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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.


GREY:LXXGQ - Post by User

Lexagene Holdings Inc > Lexagene is a CON
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Comment by EduardoSanchezon May 07, 2020 4:32pm
85 Views
Post# 31000037

RE:RE:RE:RE:Lexagene is a CON

RE:RE:RE:RE:Lexagene is a CONThey are far from a con. They have only raised like 25 million and are creating a disruptive technology. I would say they have done an amazing job with a very small budget. Just wait and see the upcoming unveil (new design), covid testing placement in the field, FDA EUA, starting this month. Followed by pre sales... 

I appreciate the fact they are being very careful in creating the final design. Look at all the disasters happening in the diagnostic space Abbott, Spartan.... 

The market is currently screaming for gold standard diagnostics and this exactly what Lexagene has created. They continue to run covid tests for the FDA EUA application and are over 99% concordance, something nobody else has been able to do.

I know it is difficult to be patient at this point but they are literally about to explode with upcoming catalysts starting this month 
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