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MaxCyte inks strategy agreement with Celularity

StockMarketWire.com

Cell-based therapies developer MaxCyte said it had signed a strategic platform licence deal with clinical-stage biotechnology company Celularity.

The latter would obtain non-exclusive rights to use MaxCyte's flow electroporation technology to accelerate the development of innovative, off-the-shelf allogeneic cell therapies.

These would include genetically modified natural killer cell therapies and CAR T-cell therapies derived from postpartum placenta.

In return, MaxCyte was entitled to platform licensing fees and programme-related milestone payments.

At 9:27am: (LON:MXCT) Maxcyte INC share price was 0p at 444p


Story provided by StockMarketWire.com