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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

Post by prophetoffactzon Dec 20, 2024 5:08pm
114 Views
Post# 36373004

Share price:

Share price:MBX's stock is up:

+73% in the last five year.
+5.26% in the last 12 months.

Fiscal revenues from 2020 to fiscal 2024 are up 141.9%.

The lost DCM revenue has been lapped and the company appears to have compelling line-of-sight for another strong year of profitable revenue growth. Kinlytic also has a credible path forward. The company is on an enviable trajectory for building value long term value and the market's confidence will increase with each year of performance going forward. The company has been turned around, has line-of-sight on profitable growth, is and is credibly and diversified path with a winning team. Bloom Burton has increased its price target to $.90. The stock is clarly undervalued. We've also made it through the interest rate shock that has harmed the sector.

This is not when you sell the company as we also have Kinlytic now on a credible path.  


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