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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 mercedesmanon Sep 23, 2021 1:28pm
206 Views
Post# 33908129

RE:RE:Significantly More testing over last month....

RE:RE:Significantly More testing over last month....
wizzdumb wrote: Yes and still no news of a repeat ON VTM order even though the last order shipment from the previous PO was scheduled for end of August,  this is only current customer, and a news release on a repeat order was promised. Mildly disconcerting or repeat order imminent. 


IMO they need to di-worse-ify their customer base, rather than have the market assume they are at the whim of: the ON Gov't, and their bureaucratic ordering porcesses, OR provincial CV-19 spikes.

There has to be many opportuntities to do so (national, international) given varying regional needs?

Or it may be that the Gov't of ON can, is and WILL take all they can eat baby (i.e manufacture). But IMO the stock needs the comfort of knowing that there is, or will be a steady stream of orders into the future (regardless of  provincial/local spikes and valleys).

Demonstrated QAP growth (more di-worse-iciation) will also lower some investor angst about the status and future of the VTM business.

MM
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