Core business continues to deliver, as CARMA enters the clinic
Lighthouse | 24 September 2018
Trinity Delta view: MaxCyte core business continues to make good progress, and it is particularly encouraging to see the large increase in licenses to cover clinical -stage programmes. At the same time, the company has achieved the notable achievement of getting IND clearance for its innovative cell therapy, CARMA, for oncology.
Our valuation of MaxCyte is £166m or 327p/share.
24 September 2018
|Primary exchange||AIM London|
|Company Code||MXCT / MXCR|
MaxCyte uses its patented flow electroporation platform to transfect a wide array of cells. Revenues arise from sale and lease of equipment, disposables and licence fees; with an impressive client list. Additionally, a novel mRNA mediated CAR technology, known as CARMA, is being explored in various cancers, including solid tumours.
Mick Cooper PhD
+44 (0) 20 3637 5042
+44 (0) 20 3637 5043
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