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Microbix Sales Grow 22% For Nine Months
Date:8/6/2009

d for seasonal virus strains. Several large global influenza vaccine manufacturers have reported low H1N1 yields, and Microbix' VIRUSMAX could assist these companies to improve their yields," he added.

"This represents an opportunity to widen access of VIRUSMAX to the increasing number of new influenza vaccine manufacturers globally. The Company continues to demonstrate the efficacy of the technology through collaborations with partners," Mr. Gastle said. "The Company is engaged in three activities including performance testing with H1N1 yield enhancement, completing financing for the influenza vaccine manufacturing facility in Hunan China, and the scale up of the VIRUSMAX technology under commercial conditions. Microbix expects to see more companies begin to work with the technology over the next few months."

The Company recently met with officials from Changsha National Biomedical Industrial Park in China to discuss financing and construction plans for the influenza vaccine manufacturing facility. The Hunan group have proposed to self-finance Phase I and begin construction by the second quarter of 2010. The advantage of this plan is to remove the need for the first round of financing, allowing the program to be initiated at a critical time.

Semen Sexing Technology (SST)

In this third quarter, Microbix focused on strengthening its SST intellectual property position. "This was an important milestone following a significant discovery," he continued. "Microbix' recent discoveries should provide a more cost-effective platform for semen sexing and significantly improve yields and quality of the sperm produced compared to the current commercial sexing technology. With this new technological advantage, the Company is entering discussions with interested third parties for co-development and licensing. The presence of a multi-billion dollar unregulated market for companies in the animal health field or livestock industries i
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SOURCE Microbix Biosystems Inc.
Copyright©2009 PR Newswire.
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