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Microbix Biosystems Posts Strong Q3 Financials
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Microbix Biosystems Posts Strong Q3 Financials

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Microbix Biosystms (TSE:MBX) has released an update.

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Microbix Biosystems Inc. reports a robust third quarter in fiscal 2024 with $5.1 million in revenue and a net income of $0.25 million, driven by a 20% increase in sales of diagnostic-test components. The company’s growth is attributed to strong sales of Antigens and QAPs products, and it expects continued sales growth and progress with its Kinlytic product’s FDA re-approval.

For further insights into TSE:MBX stock, check out TipRanks’ Stock Analysis page.

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