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Thursday, February 11, 2021 8:43:32 AM
This PXP™-LAVARE System has been a more significant point of interest recently. It allows for fast, automated washing and reformation of cell suspensions. It’s designed to be used with the company’s PXP™-1000 System. The 1000 system is a U.S. FDA-cleared 510(k) class II medical device used for downstream cGMP compliant clinical manufacturing of cell-based therapeutics. These are things like the increasingly popular CAR-T cells.
Aside from the attention on cancer stocks right now, the company has not released much to suggest the recent surge beyond what came out last week. Among analysts, H.C. Wainwright was the most recent to weigh in on the company in November. The firm has a Buy on the stock along with a price target of $8.50 right now.
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