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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

Post by ssdasmmon May 16, 2022 2:52pm
151 Views
Post# 34687032

Stock piling VTM

Stock piling VTM MBX stock piled VTM before the Ontario Government contract was first announced to ensure they could show  a uninterrupted supply of VTM for there new customer.  50 thousand Vials a week was  enough to satisfy 9 million dollars worth of sales.  MBX is now producing 100 thousand Vials of VTM so they are stock piling 50 thousand a week for what?.  My guess is we will see anouther 9  - 12 million dollar contract announced and for which province?, and this is before the automation has been completed,  which in turn will provide multiple announcements.   This is only 1 part of there business and we are so close to finding out.  GLTA
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