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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

Post by RazeKreationson Nov 09, 2020 2:32pm
118 Views
Post# 31864301

Over 198 million dollars annually possible

Over 198 million dollars annually possible
The capacity expansion partially funded by the grant implies a revenue run rate of $198.0m annually at 100% capacity for Qap's and Vtm alone.
With the whole world needing these products there should be no problem finding customers for what Ontario does not purchase  
Then add on all the other products available plus the possibility of a partner for Kinlytic $1.40 would be a bargain
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