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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

Comment by RazeKreationson Jan 30, 2021 4:36pm
148 Views
Post# 32429316

RE:RE:About the $5.00/vial estimate...

RE:RE:About the $5.00/vial estimate...HA HA............  I guess they are going to start selling at the dollar store next...........NOT
Ontario is paying more than $5 a vial now.   The purpose Ontario's investment was to gain a reliable supply for what the province needs.  IT's like Cameron said "we are not making Kool Aid here"  It takes a lot of resources to setup and run a production facility that meets all the requirements needed for consistent and contaminat free product.  that includes bringing in raw materials for production and packaging,warehousing,packaging,shipping,qualified staff and a sterile enviroment.
Cameron said that a fair value was between 4-6 dollars fair value not overpriced (gouging) or underpriced (for the level of expertise required)  The problem up to now has been inconsistent and unreliable product from suppliers as well as competition driving up prices from the more reliable suppliers. Any product produced and not sold to Ontario will go to other's. The demand is there and growing.  Microbix is gaining a reputation for quality products and the Brand is becoming more recognizable and respected around the world,not only here in Canada.  Microbix is a company with HUGE growth potential
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