Microbix Biosystems Inc T.MBX

About the $5.00/vial estimate...

[rjc7]

They may get $5.00/vial until they scale up to full automation.  Then the price/vial will drop (who knows to what level).  Cameron has said with full automation they can't command the same $/vial.  They don't want to appear like they are scalping the  market.  I'm guessing $3.00/vial.  jmho

[RazeKreations]

[RazeKreations]

Cameron figured that $5 was fair value considering the costs and expertise required. Like he said "we are not selling Kool aid"

[lscfa]

Since Ont. govt. contributed to plant expansion I suspect they will want a discount.    

[RazeKreations]

HA HA............  I guess they are going to start selling at the dollar store next...........NOT Ontario is paying more than $5 a vial now.   The purpose Ontario's investment was to gain a reliable supply for what the province needs.  IT's like Cameron said "we are not making Kool Aid here"  It takes a lot of resources to setup and run a production

[buddyboybruce]

Microbix CEO Cameron Groome states $6 per vial. The slide in his presentation reads "$4-6 per vial".  Source: 18:30 mark in the following webcast https://www.youtube.com/watch?v=7Bo6LtNp-lo&trk=organization-update-content_share-embed-video_share-article_title

[lscfa]

Inconsistent with interview on dec 22/2020 where CEO says at end of 2021 the run rate rev will be $36 million.      

[Method]

I believe in that interview, $12m was coming from VTM (based on the 50k/wk inital indicated order), $12m from antigens (assuming somewhat back to normal testing i.e. 2019 run rate) and $12m from QAPs. It sounded like it was their low end target from the various presentations I have listened to from Cameron.