Extension of clinical and commercial license with CRISPR Therapeutics
Lighthouse | 9 November 2018
Trinity Delta view: This agreement extension highlights MaxCyte’s leading position in the field of electroporation, a key enabling technology for ex vivo CRISPR cell therapies. CRISPR Therapeutics decided that it wanted to enter into an agreement covering the commercial use of MaxCyte’s technology even before its programmes has entered the clinic as it wanted to secure its “access to the leading ex vivo delivery platform”.
It is likely that there will be several more licensing agreements covering the commercial use of MaxCyte’s technology signed in the coming years. Between H117 and H118, the number of licenses covering clinical usage grew from over 15 to over 25.
Our valuation of MaxCyte is currently £166m or 327p/share.
9 November 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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