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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 Mbxwatcheron Aug 15, 2024 9:37am
106 Views
Post# 36180288

RE:Not sure if this is good or bad

RE:Not sure if this is good or badA direct quote: " The question is, do capital markets in Canada recognize the value of publicly listed companies in a timely manner?  And if they do we will see our stock move up, if they dont, I think at some point our industry peers will say, this is stupid and will be bought out and it'll be another company that exits the public Canadian market"

I think this remains the biggest risk to the long term shareholder....If as we get closer to Kinlytic the market does not begin to recognize MBX's strengths in a more tangible way, we will all get taken out a fraction of the value, despite the patience we have shown as shareholders....The company is solid, but I really believe we are at risk of this over the next two years or so.
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