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MXCT Maxcyte Inc

317.00
27.00 (9.31%)
Last Updated: 08:37:32
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Maxcyte Inc LSE:MXCT London Ordinary Share COM STK USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  27.00 9.31% 317.00 310.00 324.00 320.00 305.00 305.00 16,746 08:37:32
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Biological Pds,ex Diagnstics 41.29M -37.92M -0.3664 -10.73 406.77M

MaxCyte, Inc. Study Published in Science Translational Medicine

12/01/2017 7:00am

RNS Non-Regulatory


TIDMMXCT

MaxCyte, Inc.

12 January 2017

MaxCyte, NIH NIAID Study Published in Science Translational Medicine Demonstrates CRISPR-Cas9 X-Linked CGD Gene Repair

- MaxCyte's Proprietary GT(R) System fosters translational development of ex vivo gene-corrected cell therapy as potential 'curative' treatment for monogenic diseases through robust, scalable manufacture process

Gaithersburg, MD, January 12, 2017 - MaxCyte(R), Inc. (LSE: MXCT), developer and supplier of cell engineering products and technologies to biopharmaceutical firms engaged in cell therapy, drug discovery and development, biomanufacturing, gene editing and immuno-oncology, announced today pre-clinical results from a collaborative study with investigators at the National Institutes of Health's (NIH) National Institute of Allergy and Infectious Diseases (NIAID). Results from the study demonstrated clinically relevant levels of correction in the CYBB gene mutation in long-term engrafted hematopoietic stem cells (HSC) and differentiated neutrophils in cells obtained from individuals with X-linked chronic granulomatous disease (X-CGD).

The study was published in Science Translational Medicine[i] and entitled "CRISPR-Cas9 gene repair of hematopoietic stem cells from patients with X-linked chronic granulomatous disease."

Using MaxCyte's patented Flow Electroporation(TM) Technology, researchers demonstrated that transfecting three molecules, a single-strand oligonucleotide correction template, along with messenger RNA encoding for CRISPR-Cas9 gene editing complex and selected guide RNA into HSC obtained from individuals with X-CGD, resulted in correction of mutation in the CYBB gene. This correction occurred at clinically relevant levels following long-term engraftment in preclinical models.

"We are very encouraged by the preclinical data obtained in this study, which showed the effectiveness of MaxCyte's proprietary, high-performance technology to correct for genetic mutations, especially in cases where traditional viral vector-based gene insertion methods have not been effective," said Madhusudan V. Peshwa, Ph.D., MaxCyte's Chief Scientific Officer. "This study also demonstrates the commitment of MaxCyte to fostering development of novel cell therapies and supporting our partners' use of our delivery platform. MaxCyte invests early in translational development of non-virally engineered and ex vivo gene-edited cell therapy products."

CGD is an inherited genetic disorder that impairs the function of the immune system and leads to ongoing and severe bacterial infections. The disease affects approximately one in 250,000 people worldwide, according to MedScape, and is currently only treatable through high-risk treatments, such as allogeneic bone marrow transplantation. It is caused by a mutation in the CYBB gene, that enables immune cells to defend against microbes. The MaxCyte and NIAID researchers were able to restore function of the immune cells by repairing this mutation in CYBB.

About MaxCyte

MaxCyte is a developer and supplier of cell engineering products and technologies to biopharmaceutical firms engaged in cell therapy, drug discovery and development, biomanufacturing, gene editing and immuno-oncology markets. The Company's patented Flow Electroporation(TM) Technology enables its products to deliver fast, reliable and scalable cell engineering to drive the research and clinical development of a new generation of medicines.

MaxCyte's high performance platform allows transfection with any molecule or multiple molecules and is compatible with nearly all cell types, including hard-to-transfect human primary cells. It also provides a high degree of consistency and minimal cell disturbance, thereby facilitating rapid, large scale, clinical and commercial grade cell engineering in a non-viral system and with low toxicity concerns. The Company's cell engineering technology platform is CE-marked and FDA-accredited, providing MaxCyte's customers and partners with an established regulatory path.

Using the unique capabilities of its technology, MaxCyte is developing CARMA, its proprietary platform in immuno-oncology, to deliver a validated non-viral approach to CAR therapies across a broad range of cancer indications, including solid tumors where existing CAR-T approaches face significant challenges.

For more information, visit http://www.maxcyte.com/

 
   MaxCyte                                +1 301 944 1660 
    Doug Doerfler, Chief Executive 
     Officer 
     Ron Holtz, Chief Financial 
     Officer 
 
    Nominated Adviser and Broker 
     Panmure Gordon 
     Freddy Crossley (Corporate 
     Finance) 
     Fabien Holler 
     Duncan Monteith 
     Tom Salvesen (Corporate Broking)      +44 (0) 20 7886 2500 
    Financial PR Adviser                   +44 (0)203 709 5700 
     Consilium Strategic Communications     maxcyte@consilium-comms.com 
    Mary-Jane Elliott 
     Chris Welsh 
     Lindsey Neville 
 

[i] De Ravin, et al. (2017). CRISPR-Cas9 gene repair of hematopoietic stem cells from patients with X-linked chronic granulomatous disease. Science Translational Medicine, Vol 9: Issue 372.

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

January 12, 2017 02:00 ET (07:00 GMT)

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