Cesca Therapeutics nabs U.S. patent covering CAR-T manufacturing process; shares ahead 20% premarket [Seeking Alpha]
CESCA THERAPEUTICS INC COMMON (KOOL)
Last cesca therapeutics inc common earnings: 8/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.cescatherapeutics.com/investor-relations
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Source: Seeking Alpha
Thinly traded nano cap Cesca Therapeutics (NASDAQ: KOOL ) is up premarket on light volume in response to its announcement that the USPTO has issued it a new patent (No. 9,695,394) covering its CAR-TXpress platform, what it calls a comprehensive automated cellular manufacturing and control (CMC) solution for the development of CAR-T and CAR-NK therapeutics. Specifically, the '394 patent covers a device and methodology for integrating automated cellular separation and buoyancy-activated cell sorting processes. CAR-TXpress integrates multicomponent automation steps including T cell isolation, purification, culture expansion and washing and single cassette-based cryopreservation and retrieval. The company says it provides greater cell yields and higher consistency in a fraction of the time making it ideal for industry needs. Now read: Maxim lowers price target on Intellipharmaceutics to $2, but still hopeful; shares down 45% »
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