Maxcyte revenues rise 21%, hailing three new strategic licences with cell therapy developers
Proactive Research analyst Emma Ulker discusses MaxCyte’s (LON:MXCT) commercial momentum across its cell therapy business, which led to 21% year-on-year top-line growth to US $26.2mln in fiscal (FY) 2020.
Ulker says this included three new strategic licences with high profile cell therapy developers, a fourth signed post period, a rise in recurring revenues from instrument leases and disposable sales in cell therapy, accelerated by the receipt of milestone payments from partners.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/948100/maxcyte-revenues-rise-21-hailing-three-new-strategic-licences-with-cell-therapy-developers-948100.html
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