Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

MedMira Inc V.MIR

Alternate Symbol(s):  MMIRF

MedMira Inc. is a Canada-based developer and manufacturer of Rapid Vertical Flow (RVF) diagnostics. The Company's tests provide hospitals, labs, clinics and individuals with instant disease diagnosis, such as human immunodeficiency virus (HIV), syphilis, hepatitis, and SARS-CoV-2, in three steps. The Company is engaged in the business of research, development and manufacturing of rapid diagnostics and technologies. Its research is focused on specific areas of the broader diagnostics market, namely the rapid, point-of-care, and in vitro sectors. Its tests are sold globally under the REVEAL, REVEALCOVID-19, Multiplo and Miriad brands. Based on its patented Rapid Vertical Flow Technology, the Company's rapid HIV test has regulatory approvals in Canada, the United States, China and the European Union. Its manufacturing facilities are located in Halifax, Nova Scotia, Canada. It provides access to its RVF Technology for researchers, developers, and biotech companies on a license basis.


TSXV:MIR - Post by User

<< Previous
Bullboard Posts
Next >>
Post by Nathaniel13on Dec 22, 2020 7:59am
204 Views
Post# 32159281

Corporate Update re development of new test

Corporate Update re development of new test

Q1 could be any day now but at latest Dec 30.

I sincerely hope investors recieve an update on the development of a new test, regardless of what stage of validation the company is in. A dual Antigen/Antibody test would be a game changer, and MIR's RVF technology gives it the greatest chance at success. 

In terms of revenues for Q1, I am expecting at minimum production/sale of 20,000 units per week for $2.4 million. I think 50,000 units a week is possible, for $6 million in revenue but this would be excellent in my view given that automation is still happening. There is potential for even higher revenues considering the growth in licensing revenue last quarter... will be interesting to see if there is growth in this area (pure profit/recovery of prior R&D $).

<< Previous
Bullboard Posts
Next >>