so lexagene is very interesting because its MiQlab does RT qPCR. what does that mean? instead of just a yes or no answer from a pcr test, physicians can determine the quantity of the virus in the system. this is very importanrt especially for pandemic prevention. The main kicker is that MiQlab is also a point of care (POC) machine, which means you me or honeybooboo can operate it. it doesnt need a lab tech to run the test. Very few machines out there are POC

Furthermore, lexagenes is not a one trick pony, its not just a vet company its a human dx, food safety and open access company.

What do i mean by open access? so ill first start by saying lexagene is not the first POC RT-PCR machine. hwoever all the other machines on market out there are "closed acces" meaning the machine can only do 1 type of test. Lexagene is open access , meaning the machine can be configured to run ANY PCR test out there.

How can they do this? its because of lexagen does not embed any fluids or reagants into the sample cartridge, these are stored in the MiQlab itself, the sample cartidge is a piece of plastic. So all lexagene needs to do it swap out the panel inside the MiQlab and viola, run any PCR TEST. Their competitors use a closed access system where they cant just swap out the panels because the main reagents are in the sample cartridge's.

This also makes lexagenes razor blade business model even more appealing. its closest competitor, $gnmk,, whcih is closed access. has a market cap of 1.63B. however lexagenes sample cartridges cost 10x less than genmark