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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 modulexon Dec 28, 2022 1:04pm
203 Views
Post# 35193848

WARNINGS ON "MBX"

WARNINGS ON "MBX"1. The share price will never trade at $1 + unless the company puts itself up for sale.
2. NEVER, NEVER, NEVER trust financial analysts target prices.  They blow HIGH and LOW, like the weather forecast, recommending stocks that are winners and losers.  MAKE YOUR OWN analysis.
3. FORGET about "KINLYTIC".  Management has been frustrating shareholders so many times about this issue over the years, that they earn no credibility for always illusioning shareholders.
4. I DONT WISH that the share price bottoms to $0.30 or lower but wouldn't be the least surprised.

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