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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.

Quick facts: MaxCyte Inc

Price: 294 GBX

AIM:MXCT
Market: AIM
Market Cap: £226.85 m
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MaxCyte Inc - Proactive One2One Virtual Event

MaxCyte Inc's (LON:MXCT) Doug Doerfler speaks to investors at the Proactive One2One Virtual Event. They're a U.S.-based global company driving the acceleration of the discovery/development, manufacturing and commercialization of next-generation, cell-based medicines. For more information visit...

3 weeks, 6 days ago

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