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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 rovaniemiroveron Apr 05, 2021 1:54pm
120 Views
Post# 32937932

RE:unfortunately

RE:unfortunatelymbxwatcher, now that's sticking your neck out!  I like your back of the envelope analysis, which seems to be fairly solid.  I too am perplexed as to why no Plexus deal yet?  Not only is this holding up a significant source of revenue growth for MBX, but by not squaring up a deal it holds MBX back from pursuing a global deal with another customer, because of the right of first refusal by Health Ontario.  This is bloody nuts.  Just another example as to why government is a HORRIBLE manager of anything to do with the economy or society in general!
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