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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 Aug 14, 2023 5:37pm
130 Views
Post# 35587844

RE:RE:RE:RE:Q2 earnings transcript

RE:RE:RE:RE:Q2 earnings transcript Call was fine. My summary is that VTM is dead in the water barring some sort of miracle and that QAPs business is still looking very good but revenues coming slower than expected due to customer/FDA delays getting their new machines approved and long business development process which all makes sense but is disappointing. Software updates all live. Kinlytic waiting on next meeting with FDA which should be concluded and announced by end of November at the latest. Only intriguing thing to me was comments on potentital acquisition(s) at end of call, seems they may have something identified. 
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