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Bullboard - Stock Discussion Forum Lexagene Holdings Inc LXXGQ

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... see more

GREY:LXXGQ - Post Discussion

Lexagene Holdings Inc > Lexagene has a large competitive advantage & will be bought
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Post by Notmypres on Dec 13, 2021 6:15pm

Lexagene has a large competitive advantage & will be bought

I like the technology and trust the leadership. I suspect, with no direct evidence, that the surprising sluggishness in sales and refinancing is not due to the market, so much as it is with a pending buyout. GLTA
Comment by ARIMA11 on Dec 16, 2021 5:36pm
Well that certainly would be a fortunate outcome but the current valuation is not reflective of it. The 510k clearance and CLIA-waiver with the FDA must definitely impact near terms sales as many clients might be waiting for these to sign in. Either way the key will be versioning for them.