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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 Jun 08, 2021 2:39pm
90 Views
Post# 33348932

RE:RE:RE:is this the week?

RE:RE:RE:is this the week?
prophetoffacts wrote: "1. If we get large VTM PO for Ontario (50/50, I think it should come within next month but could happen anytime)"

How much VTM inventory is in the system. With COVID cases down 95% in less than 2 months in Ontario is there surplus inventory to work through and could MBX's order be cancelled as they work through inventory?


No shortage for demand. Demand was here before covid. Probably too early for reorder of VTM, current order fill date is until end of September. Probably July before reorder. New facilitie will be up and running in a couple of months then volumes can pick up. Qaps will continue to show substantial growth as pandemic slows down and other testing can resume. There will be big demand for testing that was put by the wayside in order not to be overwhelmed by other diseases and conditions. Testing is the most cost effective way for efficient healthcare and will only grow in demand

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