STOCK TITAN

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

MaxCyte (MXCT) is a commercial cell engineering company that has established a strong reputation in the biopharma and cell therapy industries by harnessing its proprietary Flow Electroporation technology. This innovative platform facilitates high-efficiency cell transfection, enabling the complex engineering of a wide range of cell types. The company’s scalable and clinically validated systems support diverse applications from early-stage cell-based research to the commercialization of next-generation cell therapeutics.

Core Technology and Platforms

At the heart of MaxCyte’s operations is the Flow Electroporation technology, a sophisticated method designed to deliver genetic materials to cells with high precision. The technology minimizes cellular stress while maximizing transfection efficiency, which is crucial for both discovery research and clinical manufacturing. Complementing this is the ExPERT platform, a family of instruments and consumables that embody the latest advancements in electroporation technology. The ExPERT platform is engineered to support seamless scalability in complex cell engineering workflows, making it indispensable for developers working on cell and gene therapies.

Business Model and Revenue Streams

MaxCyte’s business model is built around a diversified revenue strategy. The company generates income through the sale of its cell engineering instruments, licensing its proprietary technologies, and through the continuous revenue stream provided by single-use processing assemblies and consumables. This model allows MaxCyte to support a wide array of partners—from academic research institutions to established biopharmaceutical companies. By licensing its technology to innovative companies, MaxCyte not only advances the state of cell-based research but also forms strategic partnerships that drive further adoption of its platforms.

Market Position and Industry Relevance

Operating at the intersection of biotechnology and medical device manufacturing, MaxCyte plays a vital role in enhancing the capabilities of cell and gene therapy development. Through its high-performance platforms, the company enables efficient, scalable, and reliable cell modification, which is essential in a field that continuously pushes the boundaries of therapeutic innovation. Its technology is employed across various stages of research and clinical development, making it a crucial enabler in the journey from laboratory discovery to commercial therapeutic applications.

Partnerships and Collaborative Developments

MaxCyte has established numerous pivotal partnerships with both clinical-stage enterprises and research organizations. Collaborations with companies developing engineered B cell medicines, allogeneic cell therapies, and advanced gene correction techniques underscore the versatility and broad application of its technology. Through these relationships, MaxCyte not only supports the technical and regulatory challenges inherent in therapeutic development but also benefits from a steady stream of research, clinical, and licensing revenues.

Technological Innovation and Support Services

Innovation remains at the core of MaxCyte’s strategy. The company continuously refines its platforms to enhance transfection efficiency and cell viability, addressing complex challenges in modern cell and gene therapies. Beyond the hardware, MaxCyte provides extensive scientific, technical, and regulatory expertise to its partners. This comprehensive support ensures that users of the platform can focus on the design and development of their therapies while relying on MaxCyte for reliable and validated cell-engineering solutions.

Competitive Landscape

Within the highly competitive bioscience and medical technology sectors, MaxCyte differentiates itself through its commitment to technological excellence and comprehensive support services. While several companies offer cell modification tools, MaxCyte’s combination of cutting-edge electroporation technology and robust intellectual property portfolio positions it uniquely in the market. Its emphasis on precision, scalability, and integrative support has allowed it to build strong, recurring revenue channels and foster lasting partnerships with innovators in the cell and gene therapy space.

Conclusion

In summary, MaxCyte is a crucial player in the transformation of cell-based research and therapeutics. Its pioneering Flow Electroporation technology and the versatile ExPERT platform not only propel advancements in cell engineering but also facilitate a wide range of pharmaceutical and academic research endeavors. By bridging key gaps in the therapeutic development process, MaxCyte continues to empower innovators and contribute to significant improvements in the field of biomedicine.

Rhea-AI Summary
MaxCyte, Inc. (NASDAQ: MXCT; LSE: MXCT) appoints Maher Masoud as President and CEO, effective January 1, 2024, and discloses his stock options. The company focuses on cell-engineering technologies for cell therapeutics and bioprocessing applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
Tags
management
-
Rhea-AI Summary
MaxCyte, Inc. (MXCT) announces the retirement of President and CEO Doug Doerfler, effective December 31, 2023, and the appointment of Maher Masoud as the new President and CEO, effective January 1, 2024. MaxCyte reiterates 2023 expected core business revenue of $28-30 million and expects to exceed prior SPL program-related guidance with revenue of at least $10 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
none
-
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
Tags
conferences
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.64%
Tags
Rhea-AI Summary
MaxCyte appoints Ali Soleymannezhad as EVP of Bioprocessing
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary
MaxCyte, Inc. to participate at Baird Global Healthcare Conference on September 13th.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
conferences
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.44%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none

FAQ

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

The current stock price of Maxcyte (MXCT) is $2.55 as of April 16, 2025.

What is the market cap of Maxcyte (MXCT)?

The market cap of Maxcyte (MXCT) is approximately 275.1M.

What is MaxCyte's primary technology?

MaxCyte's core technology is its proprietary Flow Electroporation platform, which enables efficient and scalable cell engineering for research and therapeutic applications.

How does MaxCyte generate revenue?

The company generates revenue through the sale of its instruments, licensing of its proprietary technology, and the sale of single-use processing assemblies.

What industries benefit from MaxCyte's technology?

MaxCyte serves a broad range of sectors including biopharma, cell and gene therapy, and academic research by providing cutting-edge cell engineering tools.

How does the ExPERT platform support cell engineering?

The ExPERT platform offers a suite of instruments and consumables designed for high transfection efficiency, scalability, and precise cell modification, making it ideal for clinical and research applications.

What distinguishes MaxCyte from competitors?

MaxCyte differentiates itself with its clinically validated electroporation technology, robust intellectual property, and comprehensive support services that assist partners in navigating technical and regulatory challenges.

Who are the typical partners of MaxCyte?

MaxCyte collaborates with a diverse range of partners, including biotech companies developing cell therapies, academic research institutions, and clinical-stage organizations focusing on gene therapies.

What role does MaxCyte play in therapeutic development?

By providing advanced cell engineering platforms, MaxCyte is instrumental in advancing the discovery, development, and commercialization of next-generation cell-based therapeutics.

Why is scalable cell engineering important?

Scalable cell engineering is vital as it ensures that precise and efficient methods are available for modifying cells, which is crucial for the development and manufacturing of safe and effective therapies.
Maxcyte

Nasdaq:MXCT

MXCT Rankings

MXCT Stock Data

275.14M
99.48M
1.49%
74.25%
2.56%
Medical Devices
Services-commercial Physical & Biological Research
Link
United States
ROCKVILLE