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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Healthcare Biotechnology
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

Microbix Biosystems Inc > New Press Release - Governments of Ontario and Canada Invest in Microbix
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Comment by lscfaon Mar 20, 2023 9:18am
107 Views
Post# 35348498

RE:New Press Release - Governments of Ontario and Canada Invest in Microbix

RE:New Press Release - Governments of Ontario and Canada Invest in Microbix

100 employees = $24 million per year so "dozens" more (say 30) = additional $7.2 million per year.    

$7.2 mil rev => $3.6 mil to gross profit => $0.02 to eps.    

p/e of 15 => $0.30 incremental share value

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