MaxCyte, Inc. Launch of ExPERTT Instrument Family (3613V)
08 April 2019 - 4:00PM
UK Regulatory
TIDMMXCT TIDMTTM
RNS Number : 3613V
MaxCyte, Inc.
08 April 2019
MaxCyte, Inc.
("MaxCyte" or the "Company")
MaxCyte(R) Launches ExPERT(TM) Instrument Family to Provide a
Unifying Technology Platform from Concept to Commercialization for
Next-Generation Cellular Therapies
Instruments and disposables with enhanced design features and
functionality also support expanded use in drug discovery
MaxCyte's high-growth, high-margin business generated revenues
of $16.7m in 2018
Gaithersburg, Maryland - April 8, 2019: MaxCyte (LSE: MXCT,
MXCS), the global clinical-stage cell-based medicines and life
sciences company, announced today the launch of the new ExPERT(TM)
technology platform. This family of instruments - the ATx, STx and
GTx - represents the next generation of the industry's leading,
clinically validated, Flow Electroporation(R) technology for
complex cellular engineering that will further solidify the
Company's leading position in the cell therapy and gene editing
markets.
With these additions to the product portfolio, MaxCyte continues
its uncompromising focus on high performance cellular editing,
while delivering feature enhancements that will enable customers to
use a single unifying technology, from concept to
commercialization. ExPERT(TM) introduces new updated software, a
touch-screen user interface and other features that deliver a
significant improvement to the user experience. The combination of
the new instruments, together with the launch of a new range of
processing assemblies, will enable customers to standardize on a
single, unifying technology from early research through to clinical
and commercial use.
"The ExPERT instrument family is the result of extensive
customer research into feature design, functionality and
performance that are considered critical to enabling the next
generation of cellular therapies," said Brad Calvin, Executive Vice
President of Global Commercial Operations for MaxCyte. "Creating
cellular editing platforms standardized on a single, scalable, high
performance technology can assist the industry in accelerating
timelines, reducing costs and achieving milestones critical to the
translation of this promising new generation of cellular
therapies."
The ExPERT ATx, STx and GTx build on the solid technology
foundation that has been the core of MaxCyte's historical
instrument platforms, which are used by a broad client base,
including all of the top ten biopharmaceutical companies by
revenue, who are developing increasingly sophisticated biological
and cellular-based therapeutics.
"We are proud to announce the launch of our next-generation
ExPERT brand of instruments," said Doug Doerfler, MaxCyte's
President and CEO. "We are committed to continually investing in
our platform and delivering the essential tools, product features
and technology performance that are critical to the advancement of
promising new cellular therapeutics, which provide hope to many
patients with previously incurable or life-threatening
diseases."
The new instrument family can be viewed on-line at
http://www.myexpertplatform.com/.
About MaxCyte
MaxCyte is a clinical-stage global cell-based medicines and life
sciences company applying its proprietary cell engineering platform
to deliver the advances of cell-based medicine to patients with
high unmet medical needs. MaxCyte is developing novel CARMA
therapies for its own pipeline, with its first drug candidate in a
Phase I clinical trial. CARMA is MaxCyte's mRNA-based proprietary
therapeutic platform for autologous cell therapy for the treatment
of solid cancers. In addition, through its life sciences business,
MaxCyte leverages its Flow Electroporation Technology to enable its
biopharmaceutical partners to advance the development of innovative
medicines, particularly in cell therapy. MaxCyte has placed its
flow electroporation instruments worldwide, with all of the top ten
global biopharmaceutical companies. The Company now has more than
70 partnered program licenses in cell therapy with more than 35
licensed for clinical use, including four announced commercial
licenses covering potentially more than 30 products with aggregate
potential milestones of more than $250m. With its robust delivery
technology platform, MaxCyte helps its partners to unlock the full
potential of their products. For more information, visit
www.maxcyte.com.
###
FFor further information, please contact:
MaxCyte Inc.
Doug Doerfler, CEO
Brad Calvin, EVP, Global Commercial
Operations +1 301 944 1660
Nominated Adviser and Broker
Panmure Gordon
Emma Earl
Freddy Crossley
Corporate Broking
James Stearns +44 (0)20 7886 2500
Financial PR Adviser
Consilium Strategic Communications +44 (0)203 709 5700
Mary-Jane Elliott maxcyte@consilium-comms.com
Chris Welsh
Sukaina Virji
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END
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