Microbix Biosystems Inc T.MBX

What if Covid goes away or diminishes significantly?

[Thylor09]

The company has several ways to deal with that


Most importantly is not a covid transport medium is a viral transport medium.


In 2019, pre covid, Canada did about 20 million in vtm 


Given MBX has a high quality made in Canada solution they should get a good piece buisiness even after covid diminishes

Also if covid is reduced expect a pick up in the antigen business as people have been reluctant to go in for tests during covid

That been said, neither vtm or the antigen business are the driver of this company going forward as they have 2 bigger opportunites

[RazeKreations]

In 2019 Canada imported 55 million dollars of vtm. That market has grown substantially since then and will continue to grow long after covid is under control. The Qap's market will continue to grow also. Cheaper to test and confirm those tests are accurate was a lesson learned this past two years. Microbix has a worldwide network of distributors that have been developed this past few years

[Thylor09]

I dont believe they can access all of that yet, hence my 20 million number

[prophetoffacts]

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[Thylor09]

Agree But quality assessment products for labs testing for infectious disease are even more important. As one big british lab found out to their detriment recently. Also this will be recurring revenue my favorite kind.

[wizzdumb]

Agree 100%, it's not going away and will be part of our lives forever. As Cameron says, we are entering the beginning of a "golden age of diagnostic testing" . Not just test capacity but test complexity via multiplex. When you go to the doc presenting symptoms you will be given a mltiplex test looking for a variety of possible culprits. This is the future and MBX is a leader and will