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Isn"t the vet machines selling?
They’ve sold 5 machines.
Its performance been horrible and quite disappointed about the way mgmt doing nothing about pps?, sales seems to be usual and they did not publish any new information, that does not mean there is none but update is missing?..
this is the latest news: from R&D standpoint, there seems to be good progress!..
LexaGene's MiQLab(TM) Accurately Detects Multiple Strains of Pathogenic Bacteria in Polymicrobial Samples Compared to Conventional Culture
GlobeNewswire - Tue Sep 7, 6:45AM CDT
Any new information, when are sales going to start?
Lexagene to $1.22!! soon!
Virus Stocks are back in viral mode!!!...the big companies already moved quite far up!, small and small cap co's were lagging behind or crashed so far, but that is changing in the last couple of weeks!..
Viral move is in progress, next target price $1-1.22
Lexagene Holdings (LXXGF)
0.4100 +0.0118 (+2.96%) 08/23/21 [OTC US]
Quote Overview for Mon, Aug 23rd, 2021
Any Updates ?????
What do you mean “close on parts”….?
Hopefully, things will start to come together soon.
IS LXXGF getting close on parts soon???
Thank you. Will do.
There were… read the last financials
When will there be revenues?
Why the price drop????
https://lexagene.com/release/2021/miqlab-offers-rapid-plague-detection-for-bioterrorism-threats/ LexaGene’s MiQLab Offers Rapid Plague Detection for Bioterrorism Threats
First-of-its-Kind for Rapidly Detecting Category A Bioterrorism Agents
A brief interview with Dr. Regan regarding LexaGene’s value proposition for pandemic prevention can be viewed HERE.
LXXGF back in favor quite the rally on two sales
NEWS! LexaGene detects a slow-growing bacterium at least 36-times faster than conventional methods with the potential to increase vaccine safety and supply
Press Release | 06/10/2021
MiQLab detects 100% of C. acnes samples 36-times faster than a culture started from ideal laboratory conditions (in 2 hours versus 3 days)
MiQLab can be as much as 168-times faster than a culture started from a bioreactor sample (2 hours versus 14 days)
Adopting MiQLab could lead to significant cost savings for biopharmaceutical manufacturers
BEVERLY, Mass., June 10, 2021 (GLOBE NEWSWIRE) -- LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) a molecular diagnostics company that develops fully automated, rapid pathogen detection systems, today announced it has successfully utilized the MiQLab™ System to detect the presence of a slow growing bacterium, responsible for millions of dollars of damages to biopharmaceutical manufacturers.
Dr. Jack Regan, LexaGene’s CEO and Founder stated, “Last fall, a global biopharmaceutical manufacturer contacted LexaGene and purchased a MiQLab System as they wanted to improve their already stringent quality assurance program centered around their bioreactor work. This manufacturer continues to regularly use the MiQLab System. As a result of discussions with this customer, LexaGene is working to expand the number of targets included in its bioreactor contamination panel and we expect our efforts supporting this customer and the industry in general will drive additional sales this summer.”
Dr. Regan added “The biopharmaceutical manufacturing sector is rapidly growing and continues to ramp up to meet global demand for vaccines, monoclonal antibodies, and therapeutic proteins. The MiQLab System, using its fully automated sample preparation and PCR technology, can screen a sample taken from a bioreactor for multiple contaminants that could negatively affect a manufacturing line. In comparison to standard lab-based testing methods, the MiQLab System can return reliable results in a fraction of the time.”
A brief interview with Dr. Regan may be viewed HERE.
Contamination within bioreactors is a common occurrence as it is dependent on mammalian culture. It is critical to keep bioreactors free of unwanted microorganisms. Vaccines made from culture must be free of microorganisms for safety and contaminated batches must be destroyed. Recently, Emergent Biosolutions had to discard 15 million doses of the Johnson & Johnson Covid-19 vaccine due to quality issues when it was most needed in order to ensure a safe vaccine supply.1,2 Microbial contamination has been responsible for vaccine recalls and vaccine scarcity highlighting the need for rigorous contamination testing during manufacturing process.3,4 One of the more common contaminants in bioreactors is Cutibacterium acnes (C. acnes), a commensal bacterium on human skin. The shedding of dead skin cells from those maintaining bioreactors is a common source of contamination with C. acnes.5,6 Not only is it common, but it is also one of the hardest microorganisms to detect, because it grows very slowly; taking a minimum of three days when starting from ideal laboratory conditions and up to two weeks when starting from a contaminated bioreactor sample.7 This very long growing time has a massive negative impact on contract manufacturers experiencing loss of very expensive products due to this contamination.8
To minimize the impact of C. acnes on product stability and conformity, rapid testing is needed during each of the four main phases of manufacturing, including testing: the raw materials that go into bioreactors, the seed cultures before transfer to a bioreactor, the small bioreactor material being scaled up to a larger bioreactor, and the final product prior to sending it to the customer. Quickly identifying contamination during each of these steps minimizes profit losses that are often assumed and built-in to cost estimates for the manufacturer. Better testing also gives the manufacturer more confidence in meeting their delivery timelines for the customer.
Dr. Nathan Walsh, LexaGene’s Vice President of Applications & Bioinformatics added, “We are pleased to announce that LexaGene completed a study on C. acnes using the MiQLab System. In this benchmark study, C. acnes was diluted in media down to extremely low levels (below the limit of detection) and cultures were grown for 24 hours to mimic growth in a bioreactor. Samples were then collected for MiQLab processing and agar plating, where the plates were incubated under ideal conditions and regularly monitored for signs of countable colonies. Colonies on the plate were not observable until three days after plating. In contrast, the MiQLab successfully detected 100 percent of the samples in just two hours.
Dr. Walsh concluded, “In real-world testing, the time benefit of using the MiQLab System over culture may be greater than our laboratory study as it generally takes two full weeks for primary C. acnes cultures to grow from a bioreactor sample.6 Given the MiQLab can detect this bacterium in just 2 hours, this represents a 168-times improvement in time-to-result. Such a drastic time savings would potentially save manufacturers a significant amount of money as they could more quickly identify contaminated cultures.”
To learn more about LexaGene and the MiQLab System or subscribe to company updates, visit www.lexagene.com, or follow us on Twitter or LinkedIn.
On Behalf of the Board of Directors
Dr. Jack Regan
Chief Executive Officer & Chairman
For inquiries: 800.215.1824 | ir@lexagene.com or info@lexagene.com
About LexaGene Holdings Inc.
LexaGene is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, food safety and for use in open-access markets such as clinical research, agricultural testing and biodefense. End-users simply need to collect a sample, load it onto the instrument with a sample preparation cartridge, enter sample ID and press ‘go’. The MiQLab™ system delivers excellent sensitivity, specificity, and breadth of detection and can return results in approximately two hours. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainti
NEWS! LexaGene detects a slow-growing bacterium at least 36-times faster than conventional methods with the potential to increase vaccine safety and supply
Press Release | 06/10/2021
MiQLab detects 100% of C. acnes samples 36-times faster than a culture started from ideal laboratory conditions (in 2 hours versus 3 days)
MiQLab can be as much as 168-times faster than a culture started from a bioreactor sample (2 hours versus 14 days)
Adopting MiQLab could lead to significant cost savings for biopharmaceutical manufacturers
BEVERLY, Mass., June 10, 2021 (GLOBE NEWSWIRE) -- LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) a molecular diagnostics company that develops fully automated, rapid pathogen detection systems, today announced it has successfully utilized the MiQLab™ System to detect the presence of a slow growing bacterium, responsible for millions of dollars of damages to biopharmaceutical manufacturers.
Dr. Jack Regan, LexaGene’s CEO and Founder stated, “Last fall, a global biopharmaceutical manufacturer contacted LexaGene and purchased a MiQLab System as they wanted to improve their already stringent quality assurance program centered around their bioreactor work. This manufacturer continues to regularly use the MiQLab System. As a result of discussions with this customer, LexaGene is working to expand the number of targets included in its bioreactor contamination panel and we expect our efforts supporting this customer and the industry in general will drive additional sales this summer.”
Dr. Regan added “The biopharmaceutical manufacturing sector is rapidly growing and continues to ramp up to meet global demand for vaccines, monoclonal antibodies, and therapeutic proteins. The MiQLab System, using its fully automated sample preparation and PCR technology, can screen a sample taken from a bioreactor for multiple contaminants that could negatively affect a manufacturing line. In comparison to standard lab-based testing methods, the MiQLab System can return reliable results in a fraction of the time.”
A brief interview with Dr. Regan may be viewed HERE.
Contamination within bioreactors is a common occurrence as it is dependent on mammalian culture. It is critical to keep bioreactors free of unwanted microorganisms. Vaccines made from culture must be free of microorganisms for safety and contaminated batches must be destroyed. Recently, Emergent Biosolutions had to discard 15 million doses of the Johnson & Johnson Covid-19 vaccine due to quality issues when it was most needed in order to ensure a safe vaccine supply.1,2 Microbial contamination has been responsible for vaccine recalls and vaccine scarcity highlighting the need for rigorous contamination testing during manufacturing process.3,4 One of the more common contaminants in bioreactors is Cutibacterium acnes (C. acnes), a commensal bacterium on human skin. The shedding of dead skin cells from those maintaining bioreactors is a common source of contamination with C. acnes.5,6 Not only is it common, but it is also one of the hardest microorganisms to detect, because it grows very slowly; taking a minimum of three days when starting from ideal laboratory conditions and up to two weeks when starting from a contaminated bioreactor sample.7 This very long growing time has a massive negative impact on contract manufacturers experiencing loss of very expensive products due to this contamination.8
To minimize the impact of C. acnes on product stability and conformity, rapid testing is needed during each of the four main phases of manufacturing, including testing: the raw materials that go into bioreactors, the seed cultures before transfer to a bioreactor, the small bioreactor material being scaled up to a larger bioreactor, and the final product prior to sending it to the customer. Quickly identifying contamination during each of these steps minimizes profit losses that are often assumed and built-in to cost estimates for the manufacturer. Better testing also gives the manufacturer more confidence in meeting their delivery timelines for the customer.
Dr. Nathan Walsh, LexaGene’s Vice President of Applications & Bioinformatics added, “We are pleased to announce that LexaGene completed a study on C. acnes using the MiQLab System. In this benchmark study, C. acnes was diluted in media down to extremely low levels (below the limit of detection) and cultures were grown for 24 hours to mimic growth in a bioreactor. Samples were then collected for MiQLab processing and agar plating, where the plates were incubated under ideal conditions and regularly monitored for signs of countable colonies. Colonies on the plate were not observable until three days after plating. In contrast, the MiQLab successfully detected 100 percent of the samples in just two hours.
Dr. Walsh concluded, “In real-world testing, the time benefit of using the MiQLab System over culture may be greater than our laboratory study as it generally takes two full weeks for primary C. acnes cultures to grow from a bioreactor sample.6 Given the MiQLab can detect this bacterium in just 2 hours, this represents a 168-times improvement in time-to-result. Such a drastic time savings would potentially save manufacturers a significant amount of money as they could more quickly identify contaminated cultures.”
To learn more about LexaGene and the MiQLab System or subscribe to company updates, visit www.lexagene.com, or follow us on Twitter or LinkedIn.
On Behalf of the Board of Directors
Dr. Jack Regan
Chief Executive Officer & Chairman
For inquiries: 800.215.1824 | ir@lexagene.com or info@lexagene.com
About LexaGene Holdings Inc.
LexaGene is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, food safety and for use in open-access markets such as clinical research, agricultural testing and biodefense. End-users simply need to collect a sample, load it onto the instrument with a sample preparation cartridge, enter sample ID and press ‘go’. The MiQLab™ system delivers excellent sensitivity, specificity, and breadth of detection and can return results in approximately two hours. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainti
Sold System PR. Am guessing it will break .60 today. This has been the missing ingredient for 3 months. What I find encouraging is they put out a loaner and Denver got addicted to it, so they bot it. And what was my hope, customers will replace over century old petri cultures with it. The Denver doc pointed out when then found is was just as accurate the other factors of speed and multiple tests at once caused them to convert.
The PR on LexaGene site has a superb video testimonial from the doctor that is embedded so go to this link https://lexagene.com/release/2021/miqlab-system-to-denver-animal-emergency/
Cheers
It’s not... what?
Yeah sure it wasn’t necessarily the huge news we were looking for, but it certainly has positive implications:
1. They have hired an attorney who is one of the best in New England at Mergers and Acquisitions
2. They have a roadmap for Nasdaq uplist
3. Less probable, but still intriguing: they announced they are looking to uplist to attract suitors.
IT's NOT, PR PUMPING!!!
Great news! I'm gonna hold long on this one, GLTU!
Any news as to where and when production will start?
We need sales.!!!!!!
That is one ugly chart.
I hope that the company can get into the production phase soon so that they can begin to generate revenues.
Glad to see progress is being made. Now on to revenues......
Yeah, nothing groundbreaking unfortunately. Since when is hiring mid level salespeople PR worthy?
NEWS OUT!!!!!
I am about to fall asleep. We need to have progress and good news.
Any new updates??
Take a look at the new video.
I mean I hope she did, she’s an advisor at Lexagene
Just finished it, the Penn Vet doctor gave a super endorsement at the end of it. If it was a grade it would have been an A.
Here is the Webinar on LexaGene MyQLab at University of Pennsylvania Vet School , the largest Vet school in America (found that out in seminar). https://lexagene.com/miqlab-transforming-veterinary-diagnostics-webinar/
What a bargain, long term hold!
Big time price drop!!!!
"Why all the selling?"
.
I think it had to do with the expectation of a quick EUA approval for Covid. But that was never the original plan. That really is an after-sight. I will be curious to see what happens soon when a Vet outfit that has been using the machine lets us know how it works. Real World.
Any comment on the update???
7:50a ET 4/1/2021 - Globe Newswire
LexaGene's Provides Corporate Update
Mentioned: LXXGF
LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the "Company"), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to provide a corporate update from LexaGene's CEO and Founder Dr. Jack Regan.
Dear shareholders and other interested parties,
In late 2020, the Company crossed a major milestone by securing sales in the contract drug and vaccine manufacturing market and in veterinary medicine. Both sales were the result of successful technology demonstrations.
As we scaled up manufacturing in late 2020 and early 2021, we spent considerable efforts ensuring consistency in microfluidic operations across MiQLab(TM) systems. Now that we have reached our expectations for consistency, we are again ramping up manufacturing. As of today, we have built 20 MiQLab systems and have enough parts in-house or on order to build an additional 70 systems. Through a partnership with an FDA-compliant contract manufacturer, we have the capacity to rapidly scale the manufacturing of our consumables to meet demand.
We continue to invest resources in supporting the veterinary diagnostics market, where we are designing and validating new assays that will help veterinarians better detect disease-causing pathogens and antimicrobial resistance markers to make evidence-based treatment decisions.
I am happy to report that on April 14, we will be hosting a seminar for a select group of veterinarians, during which a key opinion leader who is using our technology will present on collected data. We anticipate providing further details via a press release on the morning of the seminar.
The open-access market continues to be a focus for us, specifically contract drug manufacturing organizations (CDMOs), pharmaceutical companies, and cosmetic manufacturers. We are aggressively developing new tests for these industries that will further increase the value of our product as a quality control tool to help keep vaccines, biologics, and consumer products safe.
Due to our increased confidence in the stability of our manufacturing process and very positive interactions with key opinion leaders in veterinary medicine and CDMOs, over the next six weeks, we anticipate hiring 4 - 6 sales representatives to improve our coverage across the United States. In support of our sales staff, our marketing team continues to generate collateral needed to help the sales team educate prospective customers. A video on the MiQLab user workflow was recently completed and can be viewed on the company website at https://lexagene.com/miqlab-training-video/.
Over the last three months, we have made substantial progress on FDA requirements for software and hardware testing which are pre-requisites to complete the COVID-19 EUA application.
On the biology side, our preliminary limit-of-detection (LoD) tests for SARS-CoV-2 suggest the MiQLab sensitivity is competitive with the best point-of-care molecular systems on the market today. We plan to continue the additional work needed for the COVID-19 EUA application as soon as we complete the validation work necessary for the MiQLab's software, signal processing algorithm, and microfluidic scripts. The FDA study involves multiple additional analytical studies, which we need to complete prior to starting the point-of-care clinical study. At this time, it is difficult to predict the length of time we will need to complete this work.
As is standard practice, until the FDA grants LexaGene's instrument EUA for COVID-19 testing, all work using LexaGene instruments is classified as Research Use Only and cannot be used for human clinical diagnostics. To date, there is no FDA approved device that is designed for point-of-care usage and is open-access.
The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus) at this time.
Thank you for your continued support.
This ticker has been bleeding red for 10 straight days and is almost back to the point where it was 3 years ago. Not sure what to make of this company but the MiQlab sounded promising. I don’t know if it is just badly managed or if something else is influencing the SP.
I am more than ready for some good news.
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