MaxCyte Licenses Cell-Engineering Technology to TG Therapeutics

MT Newswires Live

02/12

MaxCyte (MXCT) said Wednesday it is licensing its cell-engineering technology to TG Therapeutics (TGTX).

Financial terms were not disclosed.

Under the terms of the agreement, TG Therapeutics will gain non-exclusive research, clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte will receive annual licensing fees and other revenue, the company said.

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