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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 ECSINVESTORon Sep 28, 2022 3:54pm
101 Views
Post# 34993173

RE:RE:Get rid of convertible debt instead of NCIB

RE:RE:Get rid of convertible debt instead of NCIBProbably a bit early - but zero response in terms of share volume to the latest MBX news. Maybe the shares traded today were from the NCIB... :)

This stock is stuck in the doldrums and really don't see it "breaking through" at anytime soon. Its probably fairly valued as it is. I have traded this stock many times over the years and the promises made by the CEO at the time (over the years) are getting old. 

Don't get me wrong - they have a good line of products but unless they can quadruple sales, or someone gives them a sweet deal on Kinlytic in the next while (have been waiting for about 20 years for that one...) - I don't see the stock busting out.

I own a good chunk of shares and hope I am wrong but will definitely dump it on the next upswing....
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