Microbix Biosystems Inc T.MBX

Alternate Symbol(s): MBXBF

Healthcare Biotechnology

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.

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Microbix Biosystems Inc

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Post by rjc7on Oct 29, 2020 7:19am

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Post# 31801739

Of special note

Initially, more than 1,000 kits have been ordered, comprised of tens of thousands of swabs (units). This represents over CDN$ 500,000 in sales, with customer projections of continuing growth. A first material ONBOARDx shipment has now been completed, and in Q1 calendar 2021, Microbix is enhancing its FLOQSwab-based QAPs supply-chain to support production of up to 50,000 units per month.

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