Microbix Launches First Recombinant Antigen Product for COVID-19 Testing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
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Source: Yahoo Finance
- Recombinant Antigen Launch: Microbix announces the commercial availability of its first recombinant antigen product, the SARS-CoV-2 nucleocapsid protein, marking a significant advancement in synthetic antigen production and expected to enhance its competitiveness in the quality assessment products market.
- Market Demand Response: This recombinant antigen is incorporated into Microbix's Quality Assessment Products (QAPs™), supporting clinical laboratory proficiency testing and addressing the growing market demand for COVID-19 testing, which is anticipated to drive sales growth for the company.
- Expanded Technical Capabilities: By producing recombinant antigens in-house, Microbix not only improves supply chain security but also enhances cost control, thereby strengthening its market position in the clinical laboratory and test manufacturing sectors.
- Financial Performance Boost: In fiscal 2025, Microbix reported total QAPs sales of C$5.6 million, and the introduction of the recombinant antigen is expected to further increase this figure, solidifying its leadership in the global diagnostics industry.
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Analyst Views on MBX
Wall Street analysts forecast MBX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MBX is 59.33 USD with a low forecast of 31.97 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
7 Buy
0 Hold
1 Sell
Strong Buy
Current: 35.830
Low
31.97
Averages
59.33
High
80.00
Current: 35.830
Low
31.97
Averages
59.33
High
80.00
About MBX
MBX Biosciences, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the discovery and development of novel precision peptide therapies for the treatment of endocrine and metabolic disorders. It has built its proprietary Precision Endocrine Peptide platform to develop precision peptide therapies that are designed to overcome key limitations of current peptide therapies. Its product candidates and programs include MBX 2109, MBX 1416 and Obesity portfolio. MBX 2109 is a parathyroid hormone peptide prodrug that is designed as a potential long-acting hormone replacement therapy for the treatment of chronic hypoparathyroidism. MBX 1416 is designed to be a long-acting glucagon-like peptide-1 (GLP-1), receptor antagonist, as a potential therapy for post-bariatric hypoglycemia, a chronic complication of bariatric surgery. MBX 4291 is designed to be a long-acting and highly potent GLP-1 and glucose-dependent insulinotropic polypeptide, receptor co-agonist prodrug.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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MBX Biosciences Advances Obesity Drug Development with Strong Cash Position
- Clinical Trial Progress: MBX's Phase 2 trial demonstrated significant efficacy of canvuparatide in chronic hypoparathyroidism patients, with one-year follow-up data expected in Q2 2026, reinforcing its potential as a best-in-class therapy.
- Obesity Drug Pipeline Expansion: Data from MBX 4291, a dual GLP-1/GIP co-agonist, is anticipated in Q4 2026, showcasing potential for once-monthly dosing aimed at improving tolerability for obesity patients, addressing a critical market need.
- Strong Cash Position: As of December 31, 2025, MBX reported approximately $373.7 million in cash and equivalents, expected to fund operations into 2029, ensuring continued investment in R&D and market expansion.
- New Candidate Nominations: In 2026, MBX plans to nominate two additional obesity candidates, an amycretin prodrug and a GLP-1/GIP/GCGR triple agonist, each designed for once-monthly dosing, further enriching its obesity treatment pipeline.
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