June 29, 2007 -- Microbix Biosystems of Toronto (TSX: MBX) has licensed its proprietary Semen Sexing Technology™ (SST) to a Chinese breeding company, the Animal Fine Breeding Station of Hebei Province. The Animal Fine Breeding Station, which is a leading supplier to the livestock industry, will be the exclusive distributor of SST in China. SST determines the sex of livestock offspring resulting from artificial insemination. The technology allows dairy farmers to breed only female animals for milking herds. Microbix will receive a 15% royalty on the revenues received by its Chinese distributor. More details...
