MaxCyte

MaxCyte

MXCT
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MXCT · Stock Price

USD 0.87-1.48 (-62.97%)
Market Cap: $90.6M

Historical price data

Overview

MaxCyte's mission is to accelerate the development of advanced cell and gene therapies by providing best-in-class, scalable cell engineering technology. Its key achievement is having its platform used in the manufacturing process for the first-ever globally approved non-viral CRISPR-based therapy, validating its industrial and clinical relevance. The company's strategy centers on a partnership-driven licensing model, providing its ExPERT electroporation platform and SeQure gene editing risk assessment services to therapy developers, thereby generating revenue through instrument sales, consumables, and clinical/commercial milestone payments.

OncologyGenetic DiseasesHematology

Technology Platform

Proprietary Flow Electroporation® technology delivered through the ExPERT instrument suite, enabling high-efficiency, scalable, non-viral transfection of diverse cell types for cell and gene therapy development.

Pipeline

1
1 drug in pipeline
DrugIndicationStageWatch
MCY-M11 + CyclophosphamidePeritoneal MesotheliomaPhase 1

Opportunities

The rapid expansion of the cell and gene therapy market, particularly the shift towards allogeneic therapies and CRISPR-based medicines, drives demand for scalable, non-viral cell engineering.
MaxCyte's validated platform is poised to capture significant share as its broad partner portfolio advances towards commercialization, unlocking high-margin milestone and royalty revenue.

Risk Factors

Revenue is heavily reliant on the success of a small number of key partner programs.
The company faces competition from alternative electroporation technologies and the risk of technological disruption in the dynamic field of cell delivery.
Its financial performance is also tied to the overall funding environment and clinical success rate of the broader cell and gene therapy sector.

Competitive Landscape

MaxCyte's primary competitors include Lonza (Nucleofector) and Thermo Fisher Scientific (Neon) in the electroporation instrument space. Its key advantages are seamless clinical/commercial scalability, validation in a marketed therapy, and a deeply embedded partnership model that creates high switching costs for developers.