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Maxcyte reports 30% revenue growth as key programmes advance through clinical studies

Proactive research analyst Emma Ulker discusses MaxCyte's (LON:MXCT) results for the year to December 2019.

Ulker says the firm delivered a consensus-beating 30% uplift in full-year 2019 revenues to US$21.6mln - underpinned by the release of milestone payments from its commercial partners as programmes advanced through clinical studies and by a 25% five-year revenue compound annualised growth rate (CAGR).

 

Click here to read the latest research update on MaxCyte : Milestones a key contributor to 30% top line growth

Quick facts: MaxCyte Inc

Price: 412 GBX

AIM:MXCT
Market: AIM
Market Cap: £317.9 m
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MaxCyte Inc: Analyst talks expansion of its phase I clinical trial of MCY-M11

Proactive Research analyst Emma Ulker discusses the update this morning from MaxCyte Inc (LON:MXCT) on the expansion of its phase I clinical trial of MCY-M11 - its differentiated lead cell therapy candidate currently in first-in-human studies for advanced solid cancers. Ulker says the move is a...

on 08/18/2020

2 min read