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Bullboard - Stock Discussion Forum
Lexagene Holdings Inc
LXXGQ
Healthcare
Medical Devices
Lexagene Holdings Inc. is a molecular diagnostics company engaged in researching, developing and commercializing automated genetic analyzer devices in clinical and life science industries. The Company is focused on developing molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in...
open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The Company's MiQLab System is an automated, open-access molecular diagnostic system for pathogen detection, allowing users to test for multiple pathogens onsite, returning results in approximately 2 hours. Its MiQLab System is an automated, multiplexing polymerase chain reaction (PCR)-based system designed for syndromic testing in human clinical diagnostics and veterinary diagnostics, as well as food safety testing, and open-access custom testing markets.
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GREY:LXXGQ - Post Discussion
Lexagene Holdings Inc
> RE: A missed opportunity as well as a needless cash burn
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letsdoit
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Post by
letsdoit
on Nov 09, 2020 1:14am
RE: A missed opportunity as well as a needless cash burn
Apart from wasting money on hiring sales reps that are not needed because of the production / manufacturing issues, it's also
a real shame that Lex have been too slow to get the MiQLab to market and are unable to mass produce the product at scale because the new administration are planning to ramp up testing significantly, click here to find out.......
https://www.npr.org/sections/health-shots/2020/11/08/930887069/hold-president-elect-biden-has-a-plan-to-combat-covid-19-heres-what-s-in-it?t=1604902069938
(47)
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BushWeedUp100
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Comment by
BushWeedUp100
on Nov 09, 2020 1:20am
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