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Lexagene Holdings Inc V.LXG


Primary Symbol: LXXGQ

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

Comment by letsdoiton Jan 18, 2021 3:29am
95 Views
Post# 32317758

RE:RE:RE:RE:RE:RE:RE: is t time to celebrate?

RE:RE:RE:RE:RE:RE:RE: is t time to celebrate?Totally agree Dave, there's no hope of a successful launch / ramp up in mass production with the scientist at the helm and I agree also that there are things going on behind the scene, I do believe that the MiQLab will be a hit one day, just not with the current management team, i dont see this SP spike sustaining for much longer unless of course good news comes out regarding any or all of the following: - First sales FDA approval Potential buyout Manufacturer announcement I am long on Lexagene despite what the peanut heads say like that dumbbell chopper, Baz etc., so, I hope they do well but I'm also a realist not a dreamer and no sales to the bet industry is a very, very big concern and red flag as far as I'm concerned, problem with the machine is there? If not, why no sales? There's obviously something holding them back
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