InvestorNewsBreaks – LexaGene Holdings Inc. (TSX.V: LXG) (OTCQB: LXXGF) Expanding MiQLab(TM) Targets, Expects Efforts to Drive Additional Sales

Jun 10, 2021

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated, rapid pathogen detection systems, today announced it has successfully utilized the MiQLab(TM) system to detect the presence of a slow-growing bacterium responsible for millions of dollars of damages to biopharmaceutical manufacturers. “Last fall, a global biopharmaceutical manufacturer contacted LexaGene and purchased a MiQLab system as they wanted to improve their already stringent quality assurance program centered around their bioreactor work,” said Dr. Jack Regan, LexaGene’s CEO and founder. “This manufacturer continues to regularly use the MiQLab system. As a result of discussions with this customer, LexaGene is working to expand the number of targets included in its bioreactor contamination panel and we expect our efforts supporting this customer and the industry in general will drive additional sales this summer.”

To view the full press release, visit https://ibn.fm/2Awv9

About LexaGene Holdings Inc.

LexaGene is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, food safety and for use in open-access markets such as clinical research, agricultural testing and biodefense. End-users simply need to collect a sample, load it onto the instrument with a sample preparation cartridge, enter sample ID and press “go.” The MiQLab(TM) system delivers excellent sensitivity, specificity, and breadth of detection and can return results in approximately two hours. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest. For more information, visit the company’s website at www.LexaGene.com.

NOTE TO INVESTORS: The latest news and updates relating to LXXGF are available in the company’s newsroom at https://ibn.fm/LXXGF

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