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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

Bullboard Posts
Comment by RazeKreationson Nov 10, 2020 1:55pm
139 Views
Post# 31871286

RE:MBX is stuck, and drifting lower ...

RE:MBX is stuck, and drifting lower ...It is a head scratcher for sure. The $1.40 valuation is based on 10% of Qap's and 25% of vtm production being sold along with the the other products that they have that are being sold. Tremendous growth is happening now and that is not speculation but real tangible production and sales. Next months income statement for fiscal 2019/2020 won't show all the improvements that have happend this past 6 months because it ends Sept 31 just as sales were kicking in on the new Qap's. This spring's report will be very positive though. I think some people got distracted by reports of a covid 19 vaccine being made available soon and either think that sales of Qap's and Vtm will diminish or they are flocking over to phizer to buy stock. I am staying with Microbix because i beleive it will have much bigger growth than anyone else percentage wise. That's my story and i am sticking with it
Bullboard Posts