Microbix Biosystems Inc.MBX.TO

$0.31+0.01 (+1.67%)
TSXHealthcare24:00 UTC

Company snapshot

Market Cap
$42M
Micro-cap
+101%
2016 — today
10-Year Price
+23%
2016 — today
52-Week Range
$0.21$0.31
Current $0.31· 95%

Microbix Biosystems Inc. is a life science enterprise dedicated to advancing human health globally, including markets across North America and Europe. Established in 1988 and headquartered in Mississauga, Canada, the company specializes in developing and marketing unique biological and technological products. A significant part of its business involves producing essential biological reagents for the diagnostic industry. This encompasses antigens vital for immunoassays, alongside its distinctive Quality Assessment and Proficiency (QAP) products. These QAPs are instrumental for clinical laboratories, providing support for proficiency testing, the development and validation of diagnostic assays, and optimizing routine lab operations. Furthermore, Microbix applies its deep biological knowledge and infrastructure to create additional proprietary offerings. Among these are DxTM, a viral transport medium crucial for stabilizing patient specimens prior to laboratory analysis, and Kinlytic Urokinase, a biopharmaceutical thrombolytic drug employed to treat blood clots. The company channels its QAP sales to accreditation organizations, diagnostic companies, and clinical laboratories via an extensive network of regional distributors.

Valuation in context

P/E ratio
-7.4
N/A
Not meaningful — company is unprofitable
P/B ratio
1.7
Below average
Below the 10-year average
FCF Yield
-13.0%
Near historic low
Near historic low — last 10 years
Free · No credit card needed

Get alerted when MBX.TO is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.