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Medinet Licenses MaxCyte Cell Loading Technology for Cancer Immunotherapy in Japan
Date:8/27/2007

GAITHERSBURG, Md. and YOKOHAMA, Japan, Aug. 27 /PRNewswire/ -- MaxCyte, Inc. and Medinet Co., Ltd. (TSE: #2370) announced today the signing of an exclusive license, development and supply agreement to use MaxCyte's proprietary cell loading system to support clinical studies and commercialization of Medinet's cancer immunotherapy service in Japan. Under terms of the agreement, MaxCyte will provide the exclusive right to utilize its proprietary technology in the closed-system manufacturing of Medinet's immuno-cell therapy service in multiple cell processing centers across Japan based on optimized protocols developed under the MaxCyte-Medinet collaboration announced in August, 2006.

"In our efforts to innovate technologies with higher efficacy, we chose MaxCyte as our partner to develop a novel technology in Dendritic Cell (DC) processing. Today, we are exceedingly pleased to announce that our joint efforts have been successful," said Mr. Yoshiji Kimura, Medinet's Chief Executive Officer. "Immuno-cell therapy is a treatment in which immune cells are taken from a cancer patient, cultured and processed to enhance their activity, then re-administered to the patient. We believe this therapeutic technology shows great potential and that the novel technology developed by MaxCyte and Medinet will improve the expected efficacy of the DC Vaccine Therapy technology of Medinet. On the basis of our Agreement, we plan implementation of this innovative technology in our Contracted Medical Institutions, which practice cancer immuno-cell therapy, in Spring 2008 after experiments at our Cell Processing Center. By improving the clinical outcome of cancer patients, MaxCyte's technology is expected to greatly enhance our reputation as leading providers of immunotherapy within Japan," he added.

"Medinet's proven track record in the area of immunotherapy makes them an excellent partner for MaxCyte," said Douglas A. Doerfler, MaxCyte's president and CEO. "This licensing pa
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SOURCE MaxCyte, Inc.
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