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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 wizzdumbon Jun 20, 2023 2:19pm
146 Views
Post# 35505739

RE:Press Release

RE:Press Release

That will definitely help, but I think we could also get some movement on big QAPs partnership announcements, which are coming. The initial FDA approval to release the next $2M US payment may help and is likely within this fiscal year, but with the lukewarm response to the deal itself I think that's unlikely. These little new product announcements are all good for the long term but nobody is paying attention at all. I make myself feel better by reviewing all the Kinlytic deal details and what that will mean in the future while everyone else worries about lack of VTM sales today, one will dwarf the other and be a historical footnote that nobody remembers. 

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