Navigation Links
Microbix Biosystems Provides a Corporate Update
Date:10/29/2009

    - Influenza: 50/50 joint venture agreement signed with Hunan
      Biopharmaceutical to build Asia's largest seasonal and pandemic flu
      manufacturing facility
    - Biologics: 23% growth in sales and to soon become cash-flow positive
    - Thrombolytic: Nears licensing and sales of KINLYTIC(TM) thrombolytic
      agent for pulmonary embolism
    - Semen sexing: 25% of the dairy semen collection centres now under
      agreement
    - Dr. Mark Cochran added to management team

TORONTO, Oct. 29 /PRNewswire-FirstCall/ - Microbix Biosystems Inc. (MBX:TSX) a virology and biological technology company with a near-term pipeline of proprietary products, today provided an update on its corporate activities.

For the fiscal year ended September 30, 2009, Microbix reported revenues of $6 million, a 23 percent increase over the previous year (unaudited), in its core business of providing biological products to the diagnostic and research industries. Continued growth in the core business will result in the Company becoming cash-flow positive in the very near future, reducing the need for other financings that dilute shareholder value.

William J Gastle, Microbix chairman and CEO, said, "In 2010, Microbix will be poised to take the largest step forward in its 20-year history. This growth will be fuelled by our announcement this week that the company has completed the initial financing for our joint venture with Hunan to build the world's third largest influenza vaccine facility; the approval of KINLYTIC in Canada and other markets, and partnership agreements for our semen sexing technology (SST) for livestock management. We have strong opportunities for growth in new areas with a growing and profitable base business serving the medical diagnostic industry."

Microbix continues to invest wisely in its core business such as its new Watline production facility which has improved efficiency, capacity, and capability a
'/>"/>

SOURCE Microbix Biosystems Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related biology technology :

1. ImaRx Therapeutics Signs Letter of Intent With Microbix Biosystems for the Sale of Urokinase
2. Microbix Uses Core Business Cashflow To Fund Late-Stage Pipeline To Build Shareholder Value In 2009
3. Microbix First Quarter Sales Grow Over 50% With Continued Progress On The Pipeline
4. Microbix Announces A New Technology Platform For The SST Project
5. Microbix Sales Grow Over 30% In The Second Quarter; Up 43% In The First Half 09
6. Microbix Files First Patent Applications On Novel Technology Platform For Large Semen Sexing Market
7. Microbix Sales Grow 22% For Nine Months
8. Microbix And Hunan Biopharmaceutical To Build Asias Largest Influenza Vaccine Facility
9. Ciphergen Biosystems Receives Noncompliance Letter From The Nasdaq Stock Market
10. Sigma-Aldrich and Oxford BioMedica Win Key Ruling in Open Biosystems Patent Infringement Dispute
11. Primera Biosystems Raises $21 Million in Series B Private Round
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/18/2014)... pH measurement and control is vital ... chemical, and food and beverage industries. But what exactly ... do pH sensors work? METTLER TOLEDO has produced a ... industries with these questions and more. , METTLER TOLEDO ... process industries. The actual sensor, the pH electrode, is ...
(Date:11/18/2014)... 2014 Alanda Software, a leading ... solutions, announced today that a top tier global ... Providerâ„¢ solution in both the U.S. and EU ... based, Data Quality remediation portal, designed to help ... Providers improve their ability to capture, transmit and ...
(Date:11/18/2014)... FL (PRWEB) November 18, 2014 Brothers ... announced the launch of PAWSitively Curing Cancer, Inc ... This new 501(c) (3) non-profit organization is dedicated to ... donated goes directly to the University of Florida ... partner with PAWSitively Curing Cancer as the recipient of ...
(Date:11/18/2014)... November 18, 2014 Array Architects is ... design expertise to the nation's hospitals and health systems. ... by those dedicating their careers to the advancement of ... contributor in her respective field, Laura Silvoy has been ... the 2014 Winter Simulation Conference. , Laura will ...
Breaking Biology Technology:pH Guide from METTLER TOLEDO Explains Measurement, Theory and Practice of pH Applications 2Alanda Software Completes Successful Implementation of Global Data Quality & Vendor Management Solution for Top Tier Global Biopharmaceutical Company 2PAWSitively Curing Cancer, Inc. Launched By Two Children for National Pet Cancer Awareness Month 2PAWSitively Curing Cancer, Inc. Launched By Two Children for National Pet Cancer Awareness Month 3Array Healthcare Simulation Expert Slated to Speak at Winter Simulation Conference 2
... Part of Genetic Testing Process Says ... American College of Medical Genetics, BETHESDA, ... before, ranging from home DNA test kits, tests that can,help ... tests. Along with greater availability of genetic tests and,increased Direct-to-Consumer ...
... Yves Lionel Assant is,the new Chairman of Gerresheimer,s ... was already a member of the Supervisory Board. ... position for personal reasons. He,remains a member of ... & life science supply and services,company with market ...
... international team including scientists from the London Centre for ... of the National Academy of Sciences (PNAS) demonstrating the ... The importance of the work lies in establishing how ... produced at particle accelerators and nuclear reactors can ...
Cached Biology Technology:Statement on Direct-To-Consumer Genetic Testing 2Statement on Direct-To-Consumer Genetic Testing 3Imaging quantum entanglement 2
(Date:11/5/2014)... Rio de Janeiro, Brazil -Individuals show great diversity in ... importantly, males and females greatly differ in their perceptual ... kinds of smell tests. , Sex differences ... social behaviors and may be connected to one,s perception ... and emotions. Thus, women,s olfactory superiority has been suggested ...
(Date:11/4/2014)... nature, the right amount of death at the right ... according to new research that could help in understanding ... stocks. , In a paper in the journal ... researcher and European colleagues conclude that the kind of ... loss of individuals, or mortality, depends on the size ...
(Date:11/4/2014)... CORAL GABLES, Fla. (November 4, 2014) — Think about ... and ask: How do neighboring cells know that they ... cell and how do these tissues find the correct ... (UM) are answering these crucial questions. , In a ... tissues use to communicate with their surrounding neighbors, at ...
Breaking Biology News(10 mins):The female nose always knows: Do women have more olfactory neurons? 2When less is more: Death in moderation boosts population density in nature 2The inside story: How the brain and skull stay together 2
... UW Medicine at the University of Washington in Seattle ... of Medicine have determined that transorbital neuroendoscopic surgery (TONES) ... of advanced brain diseases and traumatic injuries. This groundbreaking, ... thus eliminating the removal of the top of the ...
... Our ideal image of the perfect partner differs greatly from ... of Sheffield and the University of Montpellier in France. The ... height, weight and body mass index than those we would ... week (27 September 2010) in the Journal PLoS ONE ...
... For the first time, scientists are using advanced technology ... the unexplored offshore Northern San Andreas Fault from north ... of three tectonic plates off Mendocino, Calif. ... Service, Oregon State University, the California Seafloor Mapping Program, ...
Cached Biology News:Scarless brain surgery is new option for patients 2Study shows real partners are no match for ideal mate 2NOAA-sponsored scientists first to map offshore San Andreas Fault and associated ecosystems 2NOAA-sponsored scientists first to map offshore San Andreas Fault and associated ecosystems 3
Curcumin is an extract of turmeric root with antioxidant, anti-tumor promoter, and anti-inflammatory properties. Curcumin inhibits the induction of NOS in macrophages....
... RNAi Kit is optimized for ... amounts of ready-to-use dsRNA for ... The MEGAscript RNAi Kit is ... transcription technol-ogy and includes reagents ...
Total Proteins from over 50 different human Alzheimer, Diabetic, Liver Cirrhosis, and Lupus diseased tissues are available....
... Using its actuators as building blocks, ... work cell-level ,robotic solutions that are ... Beyond the base ,system, Parker can ... cups, custom structures, and ,guarding., ...
Biology Products: