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Bullboard - Stock Discussion Forum 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... see more

TSX:MBX - Post Discussion

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Post by wizzdumb on Jan 03, 2024 8:10pm

Savanna

Remember that this is a $5B market cap company when you read how important this machine is to them. Also remember that there will be MBX QAPs that come in every box of test cartridges from them. 

https://www.quidelortho.com/global/en/resources/press-releases/quidelortho-receives-510-k-clearance-for-savanna-multiplex-molecular-platform-and-savanna-hsv-1-2-vzv-pcr-assay

Comment by John14v3 on Jan 04, 2024 6:36pm
Hey Wizz, thanks for this link. I am just going to challenge your logic a bit. Tesla is a $750 billion dollar company, their tire valve manufacturer isn't necessarily hitting a home run. Likewise, can you provide some context for these Assay machines: How many Assay machines are they projected to sell? How many QAP's come with each machine? How many QAP's will a machine(its user) ...more  
Comment by Mbxwatcher on Jan 05, 2024 9:42am
Neither Wizz nor anyone else on this board can provide that kind of information, as it is not disclosed. I think his point is that this is a much different customer than those longs on this board are used to Microbix dealing with. It is a large entry into a new and profitable source of business and its not the only one. Having been here a long time, it is surely encouraging to see us involved ...more  
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