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Microbix Biosystems Inc
Symbol MBX
Shares Issued 108,747,705
Close 2020-04-08 C$ 0.27
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Microbix to create COVID-19 test quality program

2020-04-09 07:44 ET - News Release

Mr. Cameron Groome reports

MICROBIX & ONEWORLD CREATE COVID-19 TEST QUALITY PROGRAM

Microbix Biosystems Inc. and Oneworld Accuracy (1WA) have entered into a strategic collaboration to provide a global external quality assessment (EQA) program to support clinically effective COVID-19 testing. Based in Canada, this program will be made available to all governments to underpin their public health responsibility to ensure accurate and reliable COVID-19 testing. In every country and more than ever, political leadership, medical professionals and the public need to have confidence in patient test results.

This EQA program will first be launched in Canada then, as production scales, be rolled out worldwide -- likely over the next few months. Details are available on-line at the company's website.

Microbix will provide all EQA samples for this global program, including its SARS-CoV-2 quality assessment products (QAPs), branded as REDx FLOQ SARS-CoV-2 on COPAN FLOQSwabs, and as REDx controls in liquid format. The SARS-CoV-2 QAPs provide whole-genome workflow support that includes 100 per cent of viral genetic sequences and emulate real patient samples while being consistent, non-infectious and stable. As such, they contain all possible nucleic-acid test (NAT) viral targets, ensuring compatibility across current and future NATs. The SARS-CoV-2 QAPs are representative of Microbix's established catalogue of QAPs of viral and bacterial respiratory pathogens, which have years of successful global usage and are demonstrated to work across more than 20 different widely used test formats.

Cameron Groome, chief executive officer of Microbix, commented: "This collaboration combines Microbix's demonstrated expertise in making innovative and cross-platform EQA samples with 1WA's leading EQA informatics and logistics expertise. 1WA's collaborative model provides this new EQA program access to more than 60 participating governments. Alongside 1WA, we're pleased to be able to enable a global EQA program and make a significant public health contribution to fighting the COVID-19 pandemic."

1WA will manage all informatics and logistics for this global EQA program for the current network of governments that have adopted collaborative EQA, and for further governments that need EQA to underpin the quality of their COVID-19 testing efforts.

Daniel Taylor, CEO of 1WA, also commented: "We have already begun to assemble an international scientific advisory board to optimize the design of this vital program and analyze the resulting data sets. We believe the program and its scientific advisory board will uniquely support public health responses to the COVID-19 pandemic. In particular, the program can be readily implemented in low- and middle-income countries where COVID-19 may have a disproportionate impact. Participating governments can be made fully operational as national EQA providers with a few days by way of on-line training."

About Microbix Biosystems Inc.

Microbix develops proprietary biological and technology solutions for human health and well-being, with approximately 80 skilled employees and sales now usually exceeding $1-million per month on average.

We seek Safe Harbor.

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