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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 mercedesmanon Aug 04, 2024 9:53am
143 Views
Post# 36163807

RE:Sunday morning reading (no mention of Microbix) ...

RE:Sunday morning reading (no mention of Microbix) ...

Interesting!

I'm not sure how many of Microbix products deal with all the diseases* that are now on the increase ..,

... but bad news for humanity could be good news for MBX 

Re: Covid in particular, Just a reminder that MBX saw an spike in Revenue from VTM during COVID, something that is unlikely to repeat in the same way even with a COVID resurgence. Home test kits, no more free lab tests, and declining morbidity rates mean VTM demand is very unlikely to return to previous levels. However, its use to diagnose other conditions may increase, and of course there is base demand that Microbix could take a bigger share of the market on, particularly in Canada and maybe the US. Still awaiting some news on this. 

 

Influenza cases in the US have jumped about 40% in the two post-COVID flu seasons, compared with the pre-pandemic years, according to clinical lab results. Whooping cough, or pertussis, cases have climbed by 45 times in China in the first four months compared with last year. And in some parts of Australia, where flu season is just getting underway, cases of respiratory syncytial virus, or RSV, have nearly doubled from a year ago.

Argentina is battling its worst-ever dengue outbreak. Japan is seeing a mysterious surge of Streptococcal A, also known as strep throat. Measles is making a comeback in more than 20 American states, the UK and parts of Europe. Globally, 7.5 million people were newly diagnosed with tuberculosis in 2022 – the worst year on record since the World Health Organisation started global TB monitoring in the mid-1990s.

 

MM 

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