Lexagene Holdings Inc LXXGQ

Healthcare Medical Devices

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.

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Lexagene Holdings Inc

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Post by stockfyon Mar 03, 2021 11:11am

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Other Healthcare Stocks for Diversification

Some other healthcare stocks if you want to diversify your holdings and reduce your portfolio risk.

See debt-free Cipher Pharmaceuticals (CPH), which has a lot of expertise in many dermatological products.

For instance, CPH produces excellent creams for acne (i.e. its well-known Epuris has 41% market share in Canada).

CPH is profitable and dirt-cheap trading just 1.4 times its EBITDA.

And CPH has many growth drivers in 2021 because it has many promising drugs in the pipeline with very positive clinical trials to-date. Just my two cents.

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