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MaxCyte Inc 'demonstrating outstanding progress' as first half revenues climb 30%

Proactive Research analyst Emma Ulker discusses MaxCyte Inc's (LON:MXCT) first half trading update in which it revealed revenues grew by 30% to US$10.9mln and that its research and development operation's expected to be self-funded by the end of the year. Ulker says trading reflected the solid progress made in their cell therapy business which is focused on driving adoption of its non-viral cell engineering technology Flow Electroporation across its ExPERT instrument platform.

Click here to read MaxCyte: Firing on all cylinders

Quick facts: MaxCyte Inc

Price: 430 GBX

Market: AIM
Market Cap: £331.79 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