Navigation Links
Microbix Reports a Record Increase in Worldwide Sales for 2nd Quarter 2010
Date:5/13/2010

Sales rise 17% for the Toronto biotech which is now focused on partnering its pipeline

TORONTO, May 13 /PRNewswire-FirstCall/ - Microbix Biosystems Inc. (MBX:TSX), a biotechnology company focused on virology and biological technologies, reported sales for the second fiscal quarter of 2010 of $1.83 million, a 17% increase, and a record sales level for the 20-year-old biotech company. If not for the strong Canadian dollar, sales would have increased by 36%.

The record sales improvement was due to three major developments: First, increased product shipments due to higher capacity at the company's new manufacturing facility, which is now fully operational. Second, higher sales were due to Microbix' newly introduced proficiency test diagnostic product which is used in US hospitals and clinical laboratories to document the accuracy of their lab results before they can receive Medicaid funding. And, third, sales increased due to higher royalty fees, specifically, licensing fees for Microbix' recombinant Rabies Vaccine which, for example, has reduced the transmission of the rabies virus in wild animals to zero throughout the province of Ontario, Canada.

"We are pleased that our strong virology business has delivered record sales and provided funding to continue developing our pipeline products. However, the company has developed its pipeline to the point where we are ready to close on partnership arrangements for urokinase, to manufacture and commercialize this highly effective the clot-busting therapy; for Lumisort(TM), Microbix' new proprietary instrument for semen sexing technology which enables livestock producers to predetermine sex of offspring; and for VIRUSMAX(TM), which increases vaccine yields,"
'/>"/>

SOURCE Microbix Biosystems Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. Microbix And Therapure Biopharma Form Partnership To Expand Water-Based Supplies To The Pharma Industry
2. Microbix Pipeline Set To Reach Milestones In 2010
3. Microbix Signs Marketing Agreement For Kinlytic(R)(Urokinase) In Growing Middle East Region
4. Microbix Biosystems Re-files Annual Results With OSC
5. Microbix Biosystems Provides a Corporate Update
6. Microbix And Hunan Biopharmaceutical To Build Asias Largest Influenza Vaccine Facility
7. Microbix Sales Grow 22% For Nine Months
8. Microbix Files First Patent Applications On Novel Technology Platform For Large Semen Sexing Market
9. Microbix Sales Grow Over 30% In The Second Quarter; Up 43% In The First Half 09
10. Microbix Announces A New Technology Platform For The SST Project
11. Microbix First Quarter Sales Grow Over 50% With Continued Progress On The Pipeline
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/1/2014)... San Francisco, California (PRWEB) October 01, 2014 ... grant from the National Science Foundation to expand their ... approaches to build and modify DNA. The Small Business ... help commercialize the “j5” technology under exclusive license from ... the Joint BioEnergy Institute , an LBNL laboratory ...
(Date:10/1/2014)... , October 1, 2014 ... to software invited to engage around the theme, ,Commercial ...     Elsevier , ... products and services, will host a gathering of some ... issues and trends impacting healthcare today and in the ...
(Date:9/30/2014)... German . , ... demonstrated a new kind of building block for digital ... could be based on three-dimensional arrangements of nanometer-scale magnets ... the semiconductor industry CMOS fabrication of silicon chips ... at the University of Notre Dame are exploring "magnetic ...
(Date:9/30/2014)... Report Details Biosimilar drugs – ... Do you want to find sales potentials of ... for those biological drugs from 2014, helping you ... data, R&D trends, opportunities and selling prospects. In ... 2024 at overall world market, therapeutic class, molecule ...
Breaking Biology Technology:TeselaGen Receives $750k NSF SBIR Phase II Award 2TeselaGen Receives $750k NSF SBIR Phase II Award 3Elsevier Healthcare and Pharmaceutical Economics Conference 2014 To Convene Industry Leaders to Discuss Top Healthcare Business Issues 2Elsevier Healthcare and Pharmaceutical Economics Conference 2014 To Convene Industry Leaders to Discuss Top Healthcare Business Issues 3A new dimension for integrated circuits: 3-D nanomagnetic logic 2A new dimension for integrated circuits: 3-D nanomagnetic logic 3Biosimilars and Follow-On Biologics: World Industry and Market Prospects 2014-2024 2Biosimilars and Follow-On Biologics: World Industry and Market Prospects 2014-2024 3Biosimilars and Follow-On Biologics: World Industry and Market Prospects 2014-2024 4Biosimilars and Follow-On Biologics: World Industry and Market Prospects 2014-2024 5
... ... liquid medications, pharmacists are prepared to help children successfully take antiviral medications to fight the ... children are more likely to take their medicine as prescribed. , ... Columbia, MD, (PRWEB) September 17, 2009 -- As new ...
... Enrolls First Patients in Multinational Randomized, Double-Blind Brain, ... 17 /PRNewswire-FirstCall/ - YM BioSciences Inc. (NYSE Amex: ... company that identifies and advances a diverse portfolio of ... reported that nimotuzumab has been approved for marketing in ...
... , , , ... ITMN ) today announced that it will be collaborating with National ... of inherited genetic factors that may play a role in idiopathic ... with access to DNA collected from patients who participated in the ...
Cached Biology Technology:FLAVORx Helps Families Fight Pandemic H1N1 Influenza Virus By Making Antiviral Medicine Taste Better 2FLAVORx Helps Families Fight Pandemic H1N1 Influenza Virus By Making Antiviral Medicine Taste Better 3FLAVORx Helps Families Fight Pandemic H1N1 Influenza Virus By Making Antiviral Medicine Taste Better 4YM BIOSCIENCES REPORTS NIMOTUZUMAB APPROVED FOR MARKETING IN MEXICO 2YM BIOSCIENCES REPORTS NIMOTUZUMAB APPROVED FOR MARKETING IN MEXICO 3YM BIOSCIENCES REPORTS NIMOTUZUMAB APPROVED FOR MARKETING IN MEXICO 4InterMune Announces Collaboration With National Jewish Health on NIH-Supported Genetic Research in Idiopathic Pulmonary Fibrosis 2InterMune Announces Collaboration With National Jewish Health on NIH-Supported Genetic Research in Idiopathic Pulmonary Fibrosis 3
(Date:9/30/2014)... German . ... foods in the world. Because they grow underground, people use ... smell of truffles is not only of interest to gourmets. ... of the Goethe University Frankfurt have discovered that the smell ... are trapped inside truffle fruiting bodies. , White truffles from ...
(Date:9/30/2014)... hope: A new research report published in October 2014 ... explains how scientists developed a synthetic version of a ... in human and mouse eggs similar to the natural ... fertilization. , "We believe that the results of this ... of human fertilization by providing a precise answer to ...
(Date:9/30/2014)... -- Winners of The Economist,s prestigious Innovation awards 2014 ... place at the JW Marriott Hong Kong on Friday, October 10 ... their experiences and the lessons those hold for others. The awards, ... the past decade, will be presented at a ceremony in ... will be the first time the ceremony has come to ...
Breaking Biology News(10 mins):On the trail of the truffle flavor 2Synthetic sperm protein raises the chance for successful in vitro fertilization 2Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 2Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 3Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 4Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 5Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 6Hear from The Economist's 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong 7
... fragments in Brazil that were isolated by deforestation disappeared ... published today in the journal PLoS ONE . ... extinct. The research was funded by the National ... Dinmica Biolgica de Fragmentos Florestais, Instituto Nacional de Pesquisas ...
... 2008-09 has been followed by a decline in fertility rates ... the first concerted rise in fertility rates in the developed ... "In a new study, scientists from the Vienna ... and the International Institute for Applied Systems Analysis (IIASA) identify ...
... Spanish . Top sirloin steaks have been ... safety studies. USDA microbiologist John B. Luchansky and his colleagues ... foodborne pathogen Escherichia coli O157:H7 nor any of ... popular entre. The scientists are learning more about ...
Cached Biology News:Tropical birds return to harvested rainforest areas in Brazil 2Tropical birds return to harvested rainforest areas in Brazil 3Fertility rates affected by global economic crisis 2Does grilling kill E. coli O157:H7? 2
Request Info...
Form: Concentrated Applications: ELISA...
Recombinant Mouse Serpin A1/alpha-1-Antitrypsin, CF Protein Family: Coagulation, Serine Protease Regulators...
... Strips have hydrophobic plastic supports that retain ... with toxic/hazardous solutions. Paper segments on each ... into solution. Complementary indicator charts provide clear ... in 1pH units; In packs of 100; ...
Biology Products: