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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 buddyboybruceon Jul 08, 2022 2:13pm
183 Views
Post# 34811604

MBX, great company, but...

MBX, great company, but...MBX is a great company, no doubt! But this reminds me of another great company, QHR Technologies out of Kelowna BC, that was a mediocre stock, despite deveoping a great product (medical software). Eventually, after a decade, the investment paid off for QHR shareholders. 
I think QHR was perhaps a little overstaffed back in 2005-2009... could MBX today be a little overstaffed? Time to cut in order to increase earnings? Just a thought. 
Someone on this board said that companies with no revenues but a "dream" are doing better as stocks that MBX stock is doing. I agree. the Year to Date chart for MBX is pretty sobering to say the least... actually it's somewhat nauseating. Great company! but the stock is really a mystery. 
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