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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 wizzdumbon May 12, 2022 1:56pm
85 Views
Post# 34678615

RE:RE:RE:AS Expected

RE:RE:RE:AS Expected

We will get clarification of QAPs decrease next Thursday on conference call. I think it may be due to them having to relocate semi automated production line to the new building and also seasonality of orders, but as I said Cameron will be asked. 

VTM very good, cash all time high, antigen still depressed as guided. Still need to review thoroughly but all looks in line with the high expectations. 

Management is delivering and this provides no new reason to doubt them. Stay the course and don't focus on short term fluctuations especially in these times of market upheaval. Exciting news could come at any time.


 

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