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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

Post by Geodan2on Feb 06, 2021 6:17pm
166 Views
Post# 32494235

Our Next Big Medical Breakthrough? Forbes on Lexagene

Our Next Big Medical Breakthrough? Forbes on Lexagene
LXXGF 2019 Forbes article on LexaGene, wow! 
 This New Device’s Rapid Pathogen Identification May Be Our Next Big Medical Breakthrough
https://www.forbes.com/sites/jimvinoski/2019/12/10/this-new-devices-rapid-pathogen-identification-may-be-our-next-big-medical-breakthrough/?sh=7bbd35252f63

What if we had a piece of technology that could quickly detect and identify those nasty little creatures that cause so much heartache, illness and death, allowing fast diagnoses for illness prevention and treatment? LexaGene, a start-up in Beverly, Massachusetts, may have just that.
 
This was Dec 2019, now LexaGene is to market. And look at pic, they have made MiQLab smaller.
 
How rare that is, a nanocap geting covered by Forbes.
 
New article on it on Seeking Alpha:  Is LexaGene The Perfect Stock?
 
Conclusion
The PCR medical testing sector is a wonderful business with very high stock market valuations and buyout valuations. It is recession resistant, in fact the best year ever for PCR was the recession of 2020. LexaGene's MiQLab is a breakthrough product in terms of cost, ease of use, and open access. Am expecting that the FDA will approve it in 2021 for human POC and that LexaGene will be able to generate multiple millions in revenue within a year. Believe that will result in a 10 bagger or better, which would be $8 a share. Can find nothing wrong with this company after studying it for a week. So the answer the question in the title, yes LexaGene is the perfect stock. 
 
https://seekingalpha.com/instablog/535947-darp-research/5551692-is-lexagene-perfect-stock
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