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Avis Budget

104.13

+3.043.01%

Post-market: 104.210.0800+0.08%19:41 EDT

Volume:1.98M

Turnover:207.13M

Market Cap:3.66B

PE:-1.67

High:107.10

Open:102.11

Low:101.74

Close:101.09

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Overview Company News Filings

Avis Budget Group Is Maintained at Neutral by Goldman Sachs

Stock Track | Avis Budget Soars 5.15% Pre-Market on Analyst Upgrades Following Strong Q1 Results

Avis Budget price target raised to $155 from $145 at JPMorgan

Avis Budget Group Inc : JP Morgan Raises Target Price to $155 From $145

THOMSON REUTERS

Avis Budget Group Inc : Jefferies Raises Target Price to $117 From $107

THOMSON REUTERS

Sprout Social Reports 13% Revenue Growth and Increased Profitability in Q1 2025; EPS Projected Between $0.14 and $0.16 for Q2

Press Release: Sana Biotechnology Reports First Quarter 2025 Financial Results and Business Updates

Baidu's Apollo and CAR Inc. Unite for Robo-Rental Service

Citi Reaffirms Their Buy Rating on CAR Group (WN6)

Avis Budget Group Logs Wider Loss as Fleet Rotation Accelerates

Avis Budget Gr Q1 Adj. EPS $(3.27) Beats $(5.91) Estimate, Sales $2.43B Miss $2.48B Estimate

BRIEF-Avis Budget Q1 Adjusted EBITDA USD -93 Million Vs. IBES Estimate USD -125.1 Million

Avis Budget Group Reports First Quarter Results

THOMSON REUTERS

Avis Budget Group Inc. Extends and Amends Financing Facilities for U.S. Car Rental Fleet

Estimating The Fair Value Of CAR Group Limited (ASX:CAR)

Simply Wall St.

Carclo plc Announces Change in Voting Rights Structure

Lyell Immunopharma Announces Oral Presentation of New Clinical Data from the Phase 1/2 Trial of LYL314 for the Treatment of Large B-cell Lymphoma at the International Conference on Malignant Lymphoma (ICML) 2025

Earnings Preview: Avis Budget Group (CAR) Q1 Earnings Expected to Decline

Carclo plc Reports Strong Financial Performance and Strategic Advancements

ScaleReady Announces March Biosciences as Recipient of G-Rex® Grant to Advance Manufacturing of Novel CAR-T Cell Therapy

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The car rental giant has received price target upgrades from two major financial institutions, signaling growing confidence in its business outlook.JPMorgan Chase has raised its price target for Avis Budget from $145 to $155, maintaining an Overweight rating on the stock. 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Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sprout Social Inc. published the original content used to generate this news brief via GlobeNewswire  on May 08, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250508:nNDL6sj1RL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SPT","NDAQ","AX","CAR"],"gpt_icon":0},{"id":"2534166997","title":"Press Release: Sana Biotechnology Reports First Quarter 2025 Financial Results and Business Updates","url":"https://stock-news.laohu8.com/highlight/detail?id=2534166997","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534166997?lang=en_us&edition=fundamental","pubTime":"2025-05-09 04:05","pubTimestamp":1746734700,"startTime":"0","endTime":"0","summary":"Presented positive 4- and 12-week clinical results of ongoing type 1 diabetes study showing that hypoimmune-modified pancreatic islet cells transplanted without immunosuppression overcome immune recognition, while continuing to function and persist with stable C-peptide production post-transplant. Presented preclinical data in non-human primates showing safety and deep B-cell depletion using a surrogate for SG299, an in vivo CAR T with CD8-targeted fusogen delivery of a CD19-directed CAR. Expect to file investigational new drug applications  for SC451 in type 1 diabetes and for SG299 in B-cell related diseases as early as 2026. Q1 2025 cash position of $104.7 million; expected cash runway into 2026. SEATTLE, May 08, 2025  -- Sana Biotechnology, Inc. , a company focused on creating and delivering engineered cells as medicines, today reported financial results and business highlights for the first quarter 2025.immunosuppression. The trial is being conducted under a clinical trial","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4230","BK4139","BK4022","CAR","SANA"],"gpt_icon":0},{"id":"2534938168","title":"Baidu's Apollo and CAR Inc. Unite for Robo-Rental Service","url":"https://stock-news.laohu8.com/highlight/detail?id=2534938168","media":"GuruFocus","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534938168?lang=en_us&edition=fundamental","pubTime":"2025-05-09 00:00","pubTimestamp":1746720030,"startTime":"0","endTime":"0","summary":"Baidu (BIDU, Financial) teams up with CAR Inc. to roll out China's first autonomous car rental service, aiming to transform urban mobility with on-demand self-driving vehicles.The service will let use","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2844195/baidus-apollo-and-car-inc-unite-for-roborental-service","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["LU0348735423.USD","LU0287142896.SGD","LU0348825331.USD","09888","CAR","IE0034224299.USD","LU0762540952.USD","LU1328615791.USD","LU0326950275.SGD","LU0543330566.HKD","LU0456827905.SGD","LU2039709279.SGD","BK1615","BK1588","LU1115378108.SGD","LU0640798160.USD","LU0823426308.USD","BK4588","LU0051755006.USD","LU0819121731.USD","BIDU","BK1587","HK0000320264.USD","89888","LU0228367735.SGD","BK4535","LU0708995583.HKD","LU0229945570.USD","LU0823426480.USD","LU1048596156.SGD","LU0821914370.USD","BK4504","BK4587","LU0163747925.USD","LU2778985437.USD","LU0359201612.USD","LU2476274308.USD","BK4514","LU0307460666.USD","LU0043850808.USD","SG9999002828.SGD","LU0320764599.SGD","LU0417516902.SGD","LU1048588211.SGD","LU0072462343.USD","BK1095","BK4526","LU0762541174.USD","LU0630378692.HKD","BK4543"],"gpt_icon":1},{"id":"2533997049","title":"Citi Reaffirms Their Buy Rating on CAR Group (WN6)","url":"https://stock-news.laohu8.com/highlight/detail?id=2533997049","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533997049?lang=en_us&edition=fundamental","pubTime":"2025-05-08 07:38","pubTimestamp":1746661112,"startTime":"0","endTime":"0","summary":"In a report released today, Siraj Ahmed from Citi maintained a Buy rating on CAR Group (WN6 – Research Report), with a price target of A$42.00. Acc...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/citi-reaffirms-their-buy-rating-on-car-group-wn6-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/citi-reaffirms-their-buy-rating-on-car-group-wn6-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CAR"],"gpt_icon":0},{"id":"2533096193","title":"Avis Budget Group Logs Wider Loss as Fleet Rotation Accelerates","url":"https://stock-news.laohu8.com/highlight/detail?id=2533096193","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533096193?lang=en_us&edition=fundamental","pubTime":"2025-05-08 04:29","pubTimestamp":1746649740,"startTime":"0","endTime":"0","summary":"Avis Budget Group logged a wider loss in the first quarter as it faced charges after disposing of a record number of vehicles.The car rental agency on Wednesday posted a loss of $505 million, or $14.35 a share, compared with a loss of $114 million, or $3.21 a share, a year earlier.Analysts polled by FactSet expected a loss of $5.94 a share.Revenue fell to $2.43 billion from $2.55 billion a year ago. Analysts expected $2.49 billion.Avis said it recorded an expected non-cash fleet charge of $390 million after disposing of certain vehicles in its Americas segment, and does not expect further charges related to its fleet rotation strategy.\"We made substantial progress on our fleet rotation strategy during the first quarter, disposing of a record number of vehicles,\" Chief Executive Joe Ferraro said, adding the action will fuel improved vehicle costs sooner than expected.Advanced reservations continue to trend positively, and the company will keep a close eye on demand and adjust its fleet ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4022","CAR","BK4230"],"gpt_icon":0},{"id":"2533596504","title":"Avis Budget Gr Q1 Adj. EPS $(3.27) Beats $(5.91) Estimate, Sales $2.43B Miss $2.48B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2533596504","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533596504?lang=en_us&edition=fundamental","pubTime":"2025-05-08 04:03","pubTimestamp":1746648185,"startTime":"0","endTime":"0","summary":"Avis Budget Gr (NASDAQ:CAR) reported quarterly losses of $(3.27) per share which beat the analyst consensus estimate of $(5.91) by 44.67 percent. This is a 1.87 percent decrease over losses of $(3.21) per share from the","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45265559/avis-budget-gr-q1-adj-eps-3-27-beats-5-91-estimate-sales-2-43b-miss-2-48b-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CAR"],"gpt_icon":0},{"id":"2533965459","title":"BRIEF-Avis Budget Q1 Adjusted EBITDA USD -93 Million Vs. IBES Estimate USD -125.1 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2533965459","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533965459?lang=en_us&edition=fundamental","pubTime":"2025-05-08 04:00","pubTimestamp":1746648051,"startTime":"0","endTime":"0","summary":"BRIEF-Avis Budget Q1 Adjusted EBITDA USD -93 Million Vs. IBES Estimate USD -125.1 Million\n\n\nMay 07 (Reuters) - Avis Budget Q1 revenue USD 2,430 million vs. IBES estimate USD 2,482 million.\n\nQ1 net income USD -505 million","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nPLXBE41B2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4022","CAR","BK4230"],"gpt_icon":0},{"id":"2533965424","title":"Avis Budget Group Reports First Quarter Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2533965424","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533965424?lang=en_us&edition=fundamental","pubTime":"2025-05-08 04:00","pubTimestamp":1746648006,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nTUABCSDNN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4022","CAR","BK4230"],"gpt_icon":0},{"id":"2533900695","title":"Avis Budget Group Inc. Extends and Amends Financing Facilities for U.S. Car Rental Fleet","url":"https://stock-news.laohu8.com/highlight/detail?id=2533900695","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533900695?lang=en_us&edition=fundamental","pubTime":"2025-05-07 05:17","pubTimestamp":1746566268,"startTime":"0","endTime":"0","summary":"Avis Budget Group Inc. has announced a significant amendment and extension to its asset-backed variable-funding financing facilities through its subsidiary, Avis Budget Rental Car Funding  LLC. Completed on April 30, 2025, this amendment involves the Series 2010-6 Notes facility and the Series 2015-3 Notes facility, which finance the company's car rental fleet in the United States. The aggregate funding amount for the Series 2010-6 Notes facility has been increased, excluding the Class R Notes held by a subsidiary. The notes are primarily secured by vehicles in Avis Budget's domestic fleet and other related assets. This move is aimed at bolstering Avis Budget's financial flexibility and supporting its operational needs. Various financial institutions have participated in this transaction, providing commercial, investment banking, and advisory services to the company.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250506:nNDL8QtSWb:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4230","CAR","BK4022"],"gpt_icon":0},{"id":"2533378843","title":"Estimating The Fair Value Of CAR Group Limited (ASX:CAR)","url":"https://stock-news.laohu8.com/highlight/detail?id=2533378843","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533378843?lang=en_us&edition=fundamental","pubTime":"2025-05-05 08:39","pubTimestamp":1746405599,"startTime":"0","endTime":"0","summary":"Using the 2 Stage Free Cash Flow to Equity, CAR Group fair value estimate is AU$32.81. Current share price of AU$33.81 suggests CAR Group is potentially trading close to its fair value. Analyst price target for CAR is AU$39.16, which is 19% above our fair value estimate. In this article we are going to estimate the intrinsic value of CAR Group Limited  by taking the expected future cash flows and discounting them to today's value. We will take advantage of the Discounted Cash Flow  model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.7%. We discount the termina","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/estimating-fair-value-car-group-003959151.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["FCF","BK4211","BK4230","CAR","BK4100","BK4022","TV","BK7503","CAR.AU","BK7002","DCF"],"gpt_icon":0},{"id":"2532811171","title":"Carclo plc Announces Change in Voting Rights Structure","url":"https://stock-news.laohu8.com/highlight/detail?id=2532811171","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532811171?lang=en_us&edition=fundamental","pubTime":"2025-05-02 18:37","pubTimestamp":1746182243,"startTime":"0","endTime":"0","summary":"The latest update is out from Carclo plc ( ($GB:CAR) ). Carclo plc has announced a change in its voting rights structure following a notification f...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/carclo-plc-announces-change-in-voting-rights-structure?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/carclo-plc-announces-change-in-voting-rights-structure?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4022","CAR","BK4230"],"gpt_icon":0},{"id":"2532077044","title":"Lyell Immunopharma Announces Oral Presentation of New Clinical Data from the Phase 1/2 Trial of LYL314 for the Treatment of Large B-cell Lymphoma at the International Conference on Malignant Lymphoma (ICML) 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2532077044","media":"GlobeNewswire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532077044?lang=en_us&edition=fundamental","pubTime":"2025-05-01 21:00","pubTimestamp":1746104400,"startTime":"0","endTime":"0","summary":"SOUTH SAN FRANCISCO, Calif., May 01, 2025  -- Lyell Immunopharma, Inc. , a clinical-stage company advancing a pipeline of next-generation CAR T-cell therapies for patients with cancer, today announced that an abstract highlighting new clinical data from the Phase 1/2 trial of LYL314  in large B-cell lymphoma will be presented as an oral presentation at the International Conference on Malignant Lymphoma  2025 taking place in Lugano, Switzerland June 17-21, 2025.LYL314 is a dual-targeting CD19/CD20 chimeric antigen receptor  T-cell product candidate in development for patients with aggressive large B-cell lymphoma. LYL314 has received Regenerative Medicine Advanced Therapy and Fast Track designations from the U.S. Food and Drug Administration for the treatment of patients with relapsed and/or refractory diffuse large B-cell lymphoma in the 3rd or later line setting.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lyell-immunopharma-announces-oral-presentation-130000007.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4022","LYEL","BK4139","CAR","BK4505","BK4539","BK4230"],"gpt_icon":0},{"id":"2532050925","title":"Earnings Preview: Avis Budget Group (CAR) Q1 Earnings Expected to Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2532050925","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532050925?lang=en_us&edition=fundamental","pubTime":"2025-04-30 22:01","pubTimestamp":1746021679,"startTime":"0","endTime":"0","summary":"Wall Street expects a year-over-year decline in earnings on lower revenues when Avis Budget Group  reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower.While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.Revenues are expected to be $2.52 billion, down 1.2% from the year-ago quarter.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our resear","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/earnings-preview-avis-budget-group-140119185.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAR"],"gpt_icon":0},{"id":"2531985770","title":"Carclo plc Reports Strong Financial Performance and Strategic Advancements","url":"https://stock-news.laohu8.com/highlight/detail?id=2531985770","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531985770?lang=en_us&edition=fundamental","pubTime":"2025-04-30 14:49","pubTimestamp":1745995785,"startTime":"0","endTime":"0","summary":"The latest update is out from Carclo plc ( ($GB:CAR) ). Carclo plc has reported a strong financial performance for the year ended 31 March 2025, su...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/carclo-plc-reports-strong-financial-performance-and-strategic-advancements?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/carclo-plc-reports-strong-financial-performance-and-strategic-advancements?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4022","CAR","BK4230"],"gpt_icon":0},{"id":"2531781914","title":"ScaleReady Announces March Biosciences as Recipient of G-Rex® Grant to Advance Manufacturing of Novel CAR-T Cell Therapy","url":"https://stock-news.laohu8.com/highlight/detail?id=2531781914","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531781914?lang=en_us&edition=fundamental","pubTime":"2025-04-29 19:00","pubTimestamp":1745924400,"startTime":"0","endTime":"0","summary":"\"As we ramp up clinical manufacturing and advance towards commercialization of MB-105, scalability continues to be an important focal point. This grant will enable continued development of a robust cGMP process with the G-Rex bioreactor to further reduce complexity, time, and costs incurred with manufacturing autologous CAR-T products,\" says Dr. Maksim Mamonkin, Chief Scientific Officer at March Biosciences.\"We understand how to overcome the scalability and efficiency barriers that March Biosciences faced with manufacturing an autologous CAR-T product and are happy to help March Biosciences establish nimble MB-105 manufacturing with a G-Rex Grant\" said John Wilson, CEO of Wilson Wolf and co-inventor of G-Rex.As part of the G-Rex Grant, March Biosciences will continue development of a G-Rex-centric fully integrated CAR-T cell manufacturing process to further streamline the scalable cGMP production of MB-105 and other CAR-T products in the research pipeline.For more information about 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