Cynthia Collins Joins MaxCyte's Board, Enhancing Leadership Team

Cynthia Collins Joins MaxCyte's Board of Directors

MaxCyte, Inc. (NASDAQ: MXCT), a pioneering cell-engineering company, is thrilled to announce the appointment of Cynthia Collins to its Board of Directors. This strategic addition strengthens the company’s leadership and adds significant expertise in biotechnology, especially in cell therapy and genetic medicine.

Impact of the Appointment

Collins, who officially joined the Board on October 14, 2024, will serve on the compensation committee. With her appointment, MaxCyte's Board now consists of 10 members, aiming to enhance its governance and strategic direction in the rapidly evolving cell-based therapeutics industry.

Insights from the CEO

Maher Masoud, President and CEO of MaxCyte, expressed his enthusiasm, stating, "I am pleased to welcome Cynthia to MaxCyte's Board of Directors. Her extensive leadership background will be invaluable as we advance next-generation cell therapies and further establish MaxCyte as the premier cell engineering platform. I look forward to collaborating with her on these initiatives."

Cynthia Collins' Impressive Background

Bringing over 40 years of invaluable experience to the table, Cynthia Collins has held key positions in notable companies throughout her career. Notably, she served as the CEO of Editas Medicine, where she played an instrumental role in dosing the first patient with an in-vivo gene modified therapy. Moreover, her previous leadership roles include CEO of Human Longevity Inc. and with General Electric Healthcare's Cell Therapy and Lab Businesses.

Current Board Engagements

In addition to her role at MaxCyte, Collins is actively involved with several health-focused organizations. She is a board member at Alanis Therapeutics, Nutcracker Therapeutics, Poseida Therapeutics (NASDAQ: PSTX), Certara (NASDAQ: CERT), and DermTech (OTC: DMTKQ). Her participation in these boards reflects her commitment to advancing innovations in the healthcare sector.

A Remarkable Educational Background

Cynthia Collins holds a Bachelor of Science in Microbiology from the University of Illinois, Urbana, and an MBA from The University of Chicago Booth School of Business. This robust educational background complements her extensive professional experience in biotechnology.

Her Vision for MaxCyte

Upon her appointment, Collins said, "I am honored to join MaxCyte's Board of Directors. I believe there is exceptional work being done to propel the cell and genetic medicine industry forward. I am eager to support the Company's growth and innovation as they continue to help developers bring a new class of therapies to market." This vision aligns well with MaxCyte's mission to maximize the potential of cells to improve patient outcomes.

About MaxCyte

MaxCyte is dedicated to enhancing cell engineering to improve patients' lives. With over 20 years of experience, the company has crafted leading-edge platforms for cell therapies. Its flagship ExPERT™ platform is designed to support the burgeoning cell therapy market, extending from research and development to the commercialization of advanced cell-based medicines. The diverse ExPERT product family includes several instruments, disposables, and robust software protocols, all safeguarded by a comprehensive intellectual property portfolio. By providing technology, scientific, technical, and regulatory guidance, MaxCyte aims to support researchers and developers in transforming human health.

Frequently Asked Questions

What is the significance of Cynthia Collins' appointment to MaxCyte?

Cynthia Collins brings extensive leadership experience in cell therapy and biotechnology, which will enhance MaxCyte's strategic direction and governance.

How will Collins contribute to MaxCyte's future?

Her background in biotechnology and cell therapies positions her to guide the board in overseeing next-generation cell therapies and innovations.

What is MaxCyte's main focus as a company?

MaxCyte focuses on providing enabling platform technologies to advance the discovery and commercialization of next-generation cell-based therapeutics.

How long has MaxCyte been established?

MaxCyte has over 20 years of experience in building best-in-class platforms for cell therapies.

What products are included in MaxCyte's ExPERT™ platform?

The ExPERT platform features several instruments, proprietary disposables, and software protocols designed to enhance cell therapy processes.

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