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Maxcyte - MXCT STOCK NEWS

Welcome to our dedicated page for Maxcyte news (Ticker: MXCT), a resource for investors and traders seeking the latest updates and insights on Maxcyte stock.

Overview of MaxCyte (MXCT)

MaxCyte, Inc. is a pioneering commercial cell engineering company that plays a critical role in advancing the development of next-generation cell-based therapies. The company specializes in providing enabling platform technologies that support the discovery, development, and commercialization of innovative therapeutic solutions. MaxCyte’s proprietary Flow Electroporation® technology and its ExPERT™ platform are at the heart of its operations, offering unparalleled precision, scalability, and efficiency in the engineering of a wide variety of cell types. These technologies are designed to meet the rigorous demands of the rapidly expanding cell and gene therapy market.

Core Business Model

MaxCyte generates revenue through a diversified business model that includes the sale and licensing of its proprietary instruments, as well as the supply of single-use disposable processing assemblies. The company’s ExPERT™ platform, which includes a suite of instruments (ATx™, STx™, GTx™, and VLx™), is complemented by software protocols and a robust intellectual property portfolio. This combination enables MaxCyte to serve a broad spectrum of applications, from early-stage research to clinical development and commercialization of cell-based therapies.

Industry Context and Market Position

Operating within the high-growth cell and gene therapy sector, MaxCyte addresses critical challenges in cell engineering, such as achieving high transfection efficiency, maintaining cell viability, and ensuring seamless scalability. The company’s platforms are integral to the workflows of biopharmaceutical companies, academic institutions, and research organizations. MaxCyte has established over 25 clinical and commercial partnerships, underscoring its significance as a trusted partner in the industry. These collaborations often include licensing agreements that provide recurring revenue streams through milestone payments and sales-based royalties.

Technology and Differentiation

The cornerstone of MaxCyte’s technological offering is its clinically validated Flow Electroporation® technology, which enables the non-viral delivery of molecules into cells with high efficiency and minimal toxicity. This technology is particularly valuable for applications in CAR-T cell therapies, gene editing, and other cutting-edge therapeutic modalities. The ExPERT™ platform further differentiates MaxCyte by offering a scalable solution that can be seamlessly integrated across various stages of therapeutic development, from discovery to commercialization.

Value Proposition

MaxCyte’s value proposition lies in its ability to empower its partners to overcome complex cell engineering challenges. By providing not only advanced technology but also comprehensive scientific, technical, and regulatory support, MaxCyte enables its clients to accelerate the development of transformative therapies. This holistic approach positions the company as a critical enabler in the cell and gene therapy ecosystem, helping to unlock the full potential of cell-based medicines to address unmet medical needs.

Competitive Landscape

In a competitive market that includes other providers of cell engineering and gene therapy technologies, MaxCyte distinguishes itself through its proven track record, robust intellectual property portfolio, and the versatility of its platforms. Its ability to support both ex vivo and in vivo applications further enhances its appeal to a diverse range of clients. The company’s focus on enabling high-performance, scalable, and safe cell engineering solutions ensures its relevance in a rapidly evolving industry.

Rhea-AI Summary
MaxCyte, Inc. (Nasdaq: MXCT; LSE: MXCT) has joined the Alliance for mRNA Medicines (AMM) as a founding member, aiming to advance and advocate for mRNA and next-generation encoding RNA therapeutics and vaccines. The company's versatile electroporation platform continues to provide scientific innovators with a powerful and flexible transfection method to accelerate the development of critical medicines and vaccines. MaxCyte remains committed to enabling the development of new applications for mRNA technology. The AMM, comprised of 31 founding members, will advocate for policies that encourage innovation and funding, define regulatory and reimbursement standards, support manufacturing, and promote access to mRNA medicines to patients by educating and engaging with governments, policymakers, regulators, and other stakeholders in North America, Europe, and Asia Pacific.
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MaxCyte, Inc. (MXCT) Announces Third Quarter 2023 Financial Results, Revenue Decline, and Full Year Guidance. Despite challenges, the company remains confident in the long-term potential of the cell and gene therapy market.
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MaxCyte, Inc. will participate in two upcoming investor conferences, including the Stifel 2023 Healthcare Conference Fireside Chat on November 15th and the Stephens Annual Investment Conference Fireside Chat on November 16th. The events will be webcasted live and archived on the MaxCyte investor relations website.
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MaxCyte, Inc. announces preliminary Q3 2023 revenue of $7.8-8.0 million, a decrease of 25-27% compared to Q3 2022. Core business revenue decreased by 33-35%. SPL Program-related revenue increased to $1.4 million. Full year revenue guidance updated to approximately $34-36 million. Core revenue expected to be $28-30 million. SPL Program-related revenue expected to be $6 million. CEO cites reduced customer activity and funding environment as reasons for decline. Company remains optimistic about long-term prospects.
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MaxCyte appoints Ali Soleymannezhad as EVP of Bioprocessing
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MaxCyte, Inc. to participate at Baird Global Healthcare Conference on September 13th.
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MaxCyte, Inc. announces Q2 2023 financial results. Total revenue of $9.0M, a decrease of 6% compared to Q2 2022. Core business revenue of $8.3M, a decrease of 14%. Five strategic partnerships signed year-to-date. Total cash, cash equivalents, and short-term investments of $216.1M as of June 30, 2023.
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MaxCyte, Inc. (Nasdaq: MXCT; LSE: MXCT) partners with Prime Medicine, Inc. to advance Prime Editing technology using Flow Electroporation® and ExPERT™ platform. Prime Medicine gains non-exclusive clinical and commercial rights, paying annual license fees and program-related revenue. MaxCyte's President and CEO, Doug Doerfler, expresses excitement for the partnership and Prime Medicine's innovative vision. Prime Medicine aims to develop one-time, potentially curative genetic therapies using their Prime Editing platform, while MaxCyte's ExPERT™ instrument portfolio provides the necessary cell engineering technology.
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MaxCyte and Vittoria Biotherapeutics have announced a strategic platform license agreement. Vittoria will have non-exclusive rights to use MaxCyte's Flow Electroporation technology and ExPERT platform to enhance the efficacy and safety of T-cell therapies. MaxCyte will receive licensing fees and program-related revenue. Vittoria's lead program, Viper 101, aims to address the treatment of T-cell lymphoma. Vittoria's Senza5 platform improves the viability and efficacy of CAR-T treatments. MaxCyte sees this partnership as an opportunity to showcase their technology in the CAR-T therapy field.
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FAQ

What is the current stock price of Maxcyte (MXCT)?

The current stock price of Maxcyte (MXCT) is $3.41 as of March 3, 2025.

What is the market cap of Maxcyte (MXCT)?

The market cap of Maxcyte (MXCT) is approximately 358.1M.

What does MaxCyte do?

MaxCyte provides enabling platform technologies for cell engineering, supporting the discovery, development, and commercialization of cell-based therapies.

How does MaxCyte generate revenue?

The company earns revenue through the sale and licensing of proprietary instruments and single-use disposable processing assemblies.

What is Flow Electroporation® technology?

Flow Electroporation® is MaxCyte’s proprietary, clinically validated technology for delivering molecules into cells with high efficiency and minimal toxicity.

Who are MaxCyte's clients?

MaxCyte serves biopharmaceutical companies, academic institutions, and research organizations involved in cell and gene therapy development.

What is the ExPERT™ platform?

The ExPERT™ platform is MaxCyte’s advanced suite of instruments, software, and disposables designed for scalable and efficient cell engineering.

What industries does MaxCyte operate in?

MaxCyte operates in the biotechnology and cell and gene therapy sectors, focusing on enabling next-generation therapeutic development.

How does MaxCyte differentiate itself from competitors?

MaxCyte stands out through its clinically validated technology, robust IP portfolio, and comprehensive support for partners across the therapy development lifecycle.

What are some applications of MaxCyte's technology?

Applications include CAR-T cell therapies, gene editing, and the development of next-generation cell-based medicines.

What is the significance of MaxCyte’s clinical partnerships?

These partnerships generate recurring revenue through licensing fees, milestone payments, and sales-based royalties, highlighting MaxCyte’s integral role in therapeutic development.

What challenges does MaxCyte address in cell engineering?

MaxCyte’s platforms address challenges like achieving high transfection efficiency, maintaining cell viability, and ensuring scalability in therapeutic development.
Maxcyte

Nasdaq:MXCT

MXCT Rankings

MXCT Stock Data

358.11M
98.74M
1.49%
70.49%
2.85%
Medical Devices
Services-commercial Physical & Biological Research
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United States
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