Wednesday, January 04, 2023 6:36:43 PM
Life Sciences Ontario Microbix summary from 11/22
Microbix is a profitable and growing, publicly-traded (TSX, OTCQX), awardwinning, Ontario-headquartered, world leader in the development and
manufacture of specific biotechnology solutions for human health. The
company has over 110 skilled employees based in Mississauga. It is currently
ISO9001- and ISO13485 (Medical Device)-accredited, has a Pathogen and
Toxin license issued by the Public Health Agency of Canada and a Medical
Device Establish License (MDEL) from Health Canada. The company’s current
34,000ft2
campus comprises R&D, manufacturing, and testing facilities.
The company makes a range of critical materials for the global diagnostics
industry, notably infectious disease antigens for diagnostic immunoassays and
its laboratory quality assessment products (QAPs™) that support clinical lab
proficiency testing, enable new test validation, or ensure the optimum accuracy
of testing in clinical diagnostics laboratories. Microbix’s antigens enable the
antibody tests of over 120 international diagnostics companies, while its QAPs
are sold to globally to clinical laboratory accreditation organizations, diagnostics
companies, and clinical laboratories.
BARRIERS TO SUCCESS
The health of Ontarians will be improved, and delivery costs reduced, if Ontario authorities
maintain a Quality- and Value-based approach to strategic procurement, with meaningful focus
on longer-term planning. Focus should also be on local procurement to support Ontarians and
mitigate future supply chain issues. This approach will allow Ontario companies to plan for
growth and more Ontarians to find high-quality employment.
KEY WINS
Microbix has more than doubled in size (footprint and staff) in the last 3 years. It provides
Ontarians with rewarding, high-quality jobs. Microbix’s current QAPs portfolio is now available
in over 30 countries. This encompasses over 200 separate products. Within these there are
currently over 30 fully-regulated IVD medical devices that ensure testing accuracy for human
diseases, including QAPs controls for all major variants of SARS-CoV-2 (COVID-19). Microbix
has received support from FedDev Ontario to support this growth. In response to the COVID-19
pandemic, and with a grant from the Ontario Together Fund (MEDJCT), Microbix applied its
expertise in sterile manufacturing, automation and quality management to produce a state-ofthe-art IVD viral transport medium (DxTMTM brand) to support COVID-19 (and other) testing in
Ontario. To date, Microbix has provided over 2 million units of this vital, locally-made, product
to the province. Microbix will continue helping Ontario and other provinces optimize infectiousdisease testing for respiratory viruses, sexually-transmitted infections, and other human
pathogens of concern.
LOOKING FORWARD
COVID-19 has amply demonstrated the need for locally-derived capabilities to manage human
infectious diseases. In future, other such diseases must be managed to support the health
of Ontarians. These include respiratory infections (RSV, Flu, etc.), gastrointestinal pathogens,
sexually-transmitted infections and antibiotic-resistant organisms. Microbix works in all of these
areas, and more. In the coming years, Microbix will continue its profitable growth and will acquire
further facilities and talented staff. The company intends to create a secure, Ontario-based
global leadership position for assuring the best possible testing for human infectious diseases.
https://lifesciencesontario.ca/wp-content/uploads/2022/11/Success-Stories-2022-FINAL.pdf
Microbix is a profitable and growing, publicly-traded (TSX, OTCQX), awardwinning, Ontario-headquartered, world leader in the development and
manufacture of specific biotechnology solutions for human health. The
company has over 110 skilled employees based in Mississauga. It is currently
ISO9001- and ISO13485 (Medical Device)-accredited, has a Pathogen and
Toxin license issued by the Public Health Agency of Canada and a Medical
Device Establish License (MDEL) from Health Canada. The company’s current
34,000ft2
campus comprises R&D, manufacturing, and testing facilities.
The company makes a range of critical materials for the global diagnostics
industry, notably infectious disease antigens for diagnostic immunoassays and
its laboratory quality assessment products (QAPs™) that support clinical lab
proficiency testing, enable new test validation, or ensure the optimum accuracy
of testing in clinical diagnostics laboratories. Microbix’s antigens enable the
antibody tests of over 120 international diagnostics companies, while its QAPs
are sold to globally to clinical laboratory accreditation organizations, diagnostics
companies, and clinical laboratories.
BARRIERS TO SUCCESS
The health of Ontarians will be improved, and delivery costs reduced, if Ontario authorities
maintain a Quality- and Value-based approach to strategic procurement, with meaningful focus
on longer-term planning. Focus should also be on local procurement to support Ontarians and
mitigate future supply chain issues. This approach will allow Ontario companies to plan for
growth and more Ontarians to find high-quality employment.
KEY WINS
Microbix has more than doubled in size (footprint and staff) in the last 3 years. It provides
Ontarians with rewarding, high-quality jobs. Microbix’s current QAPs portfolio is now available
in over 30 countries. This encompasses over 200 separate products. Within these there are
currently over 30 fully-regulated IVD medical devices that ensure testing accuracy for human
diseases, including QAPs controls for all major variants of SARS-CoV-2 (COVID-19). Microbix
has received support from FedDev Ontario to support this growth. In response to the COVID-19
pandemic, and with a grant from the Ontario Together Fund (MEDJCT), Microbix applied its
expertise in sterile manufacturing, automation and quality management to produce a state-ofthe-art IVD viral transport medium (DxTMTM brand) to support COVID-19 (and other) testing in
Ontario. To date, Microbix has provided over 2 million units of this vital, locally-made, product
to the province. Microbix will continue helping Ontario and other provinces optimize infectiousdisease testing for respiratory viruses, sexually-transmitted infections, and other human
pathogens of concern.
LOOKING FORWARD
COVID-19 has amply demonstrated the need for locally-derived capabilities to manage human
infectious diseases. In future, other such diseases must be managed to support the health
of Ontarians. These include respiratory infections (RSV, Flu, etc.), gastrointestinal pathogens,
sexually-transmitted infections and antibiotic-resistant organisms. Microbix works in all of these
areas, and more. In the coming years, Microbix will continue its profitable growth and will acquire
further facilities and talented staff. The company intends to create a secure, Ontario-based
global leadership position for assuring the best possible testing for human infectious diseases.
https://lifesciencesontario.ca/wp-content/uploads/2022/11/Success-Stories-2022-FINAL.pdf
Bullish
Recent MBXBF News
- Microbix Reports Results for H1 & Q2 2026 • ACCESS Newswire • 05/14/2026 12:00:00 PM
- Microbix Schedules Release of Results for Q2 Fiscal 2026 • ACCESS Newswire • 05/07/2026 11:00:00 AM
- Microbix Product Results Being Presented at 2026 PASCV • ACCESS Newswire • 04/27/2026 11:00:00 AM
- Microbix Engages with Diagnostics Industry Experts • ACCESS Newswire • 04/20/2026 11:00:00 AM
- Microbix Presenting at the 2026 Bloom Burton Conference • ACCESS Newswire • 04/16/2026 11:00:00 AM
- Microbix Exhibiting & Presenting at ESCMID Global 2026 • ACCESS Newswire • 04/15/2026 11:00:00 AM
- Microbix Announces Annual Meeting Voting Results • ACCESS Newswire • 03/26/2026 11:00:00 AM
- Microbix Presents Reference-Material Innovations at EUROGIN • ACCESS Newswire • 03/17/2026 11:00:00 AM
- Microbix's Clot-Buster Drug Project Advances • ACCESS Newswire • 03/10/2026 11:00:00 AM
- Microbix Announces Issuance of Stock Options • ACCESS Newswire • 02/24/2026 12:00:00 PM
- Microbix Reports Results for Q1 2026 • ACCESS Newswire • 02/12/2026 12:20:00 PM
- Microbix Welcomes The College of American Pathologists as a Client For Supply of QAPs for PT/EQA Programs • ACCESS Newswire • 02/10/2026 12:00:00 PM
- Microbix Schedules Release of Results for Q1 Fiscal 2026 • ACCESS Newswire • 02/05/2026 12:00:00 PM
- Microbix Presents Molecular Pathology Platform Results • ACCESS Newswire • 02/04/2026 12:00:00 PM
- Microbix Reports Results for Q4 and Fiscal 2025 • GlobeNewswire Inc. • 12/18/2025 12:46:07 PM
- Microbix Schedules Release of Results for Q4 Fiscal 2025 • GlobeNewswire Inc. • 12/11/2025 10:00:00 PM
- Microbix Launches New Products to Support H3N2 Flu Testing • GlobeNewswire Inc. • 12/10/2025 12:00:00 PM
- Microbix Announces Initiation of Normal Course Issuer Bid • GlobeNewswire Inc. • 12/04/2025 12:00:00 PM
- Microbix & Seegene Mexico Collaborate to Improve Test Accuracy • GlobeNewswire Inc. • 12/03/2025 12:00:00 PM
- Microbix Partners with SEKISUI Diagnostics to Support COVID/Flu Tests • GlobeNewswire Inc. • 11/12/2025 12:00:00 PM
- Microbix Addresses Cybersecurity Incident • GlobeNewswire Inc. • 11/05/2025 12:00:00 PM
- Microbix Presenting at Muskoka Capital Event • GlobeNewswire Inc. • 09/25/2025 11:00:00 AM
- Microbix Assisting EMQN with Second Genetic-Test EQA Program • GlobeNewswire Inc. • 09/23/2025 11:00:00 AM
- Microbix Client Labquality Introduces Novel EQA Scheme at ESCV • GlobeNewswire Inc. • 09/17/2025 11:00:00 AM
