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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 rjc7on Feb 09, 2021 7:46am
116 Views
Post# 32510448

RE:RE:GREAT NEWS OUT

RE:RE:GREAT NEWS OUTI don't think that there's any hiccough they just need to establish a suitable price that they can both live with. I suggested in an earlier post that the agreement with the provincial pricing would be different than the private market. The province gave them one and a half $1 million grant to help them get started with this production. They are going to want better pricing than what the private market would receive. They will eventually come to an agreement. Cameron also suggested that he's not interested in gouging the province and that he would like to keep the door open for other possibilities. I am sure there will be plenty of questions about this on the conference call Friday. We should have more insight then. This is certainly a good runner-up announcement to the Q report.
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