STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

ScaleReady and Bio-Techne Announce Optimal Closed System Cytokine Packaged for Single Step Use in Closed System G-Rex® Manufacture of CAR-T and TCR Therapies

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

ScaleReady and Bio-Techne (NASDAQ: TECH) have launched G-Rex optimized ProPak™ GMP Cytokines, designed for efficient closed system cell and gene-modified cell therapy (CGT) manufacturing. The product consists of a weldable bag with liquid formulated GMP-grade cytokines (IL-7 or IL-15) for CAR-T and TCR-T cell production. Each ProPak™ contains enough cytokines to dose a 1-liter G-Rex bioreactor at 10ng/mL concentration.

This innovation aims to reduce operating costs and complexity in CGT manufacturing by simplifying the process of acquiring, storing, preparing, and administering critical reagents. The product eliminates the need for cytokine reconstitution, enabling a hands-off ballroom style G-Rex manufacturing approach.

Loading...
Loading translation...

Positive

  • Launch of G-Rex optimized ProPak™ GMP Cytokines for efficient closed system CGT manufacturing
  • Product simplifies cytokine handling, potentially reducing operating costs and complexity
  • Eliminates need for cytokine reconstitution, enabling hands-off manufacturing approach
  • Designed to work with the leading G-Rex platform for CAR-T and TCR-T cell expansion

Negative

  • None.

Insights

The launch of G-Rex optimized ProPakTM GMP Cytokines represents a significant advancement in closed-system cell therapy manufacturing. This innovation addresses key challenges in CAR-T and TCR-T production:

  • Simplifies the cytokine preparation process, reducing operational complexity
  • Potentially lowers manufacturing costs through streamlined workflows
  • Enhances consistency and reproducibility in cell therapy production

The product's integration with the widely-used G-Rex platform could accelerate its adoption in the industry. While this development is promising for Bio-Techne's position in the cell therapy supply chain, its immediate financial impact may be The long-term potential depends on the rate of adoption and the growth of the CAR-T/TCR-T market, which is projected to expand significantly in the coming years.

This product launch aligns with Bio-Techne's strategy to strengthen its position in the high-growth cell and gene therapy market. Key financial implications include:

  • Potential for increased recurring revenue from CGT manufacturers
  • Enhanced competitive positioning in the specialized reagents market
  • Possible margin improvements due to the product's value-added nature

However, the immediate revenue impact may be modest, as adoption and scaling of new manufacturing processes take time. Investors should monitor uptake rates and any subsequent expansions of the ProPakTM line. The partnership with ScaleReady could also lead to further collaborations, potentially opening new revenue streams in the burgeoning cell therapy space.

ST. PAUL, Minn., Sept. 16, 2024 /PRNewswire/ -- ScaleReady and Bio-Techne Corporation (NASDAQ: TECH) today announced the launch of the G-Rex optimized ProPakTM GMP Cytokines, ideally tailored to high efficiency closed system cell and gene-modified cell therapy (CGT) manufacturing.

The ProPakTM GMP Cytokine product consists of a weldable bag filled with liquid formulated GMP-grade cytokines, specifically interleukin-7 (IL-7) or interleukin-15 (IL-15), commonly used in the ex vivo manufacturing of CAR-T and TCR-T cells.  The quantity of IL-7 and IL-15 contained in each ProPakTM is sufficient to dose a one (1) liter G-Rex bioreactor at the recommended 10ng/mL concentration.  The use of ProPak GMP cytokines will enable manufacturers of CAR-T and TCR-T cell therapies to reduce operating costs and complexity by dramatically simplifying the process of acquiring, storing, preparing, and administering these critical reagents for use in cGMP manufacturing.

"Bio-Techne is deeply committed to highly efficient manufacture of lifesaving cell and gene-modified cell therapies," said Will Geist, President (Protein Sciences) at Bio-Techne Corporation. "ProPakTM GMP Cytokines were optimized for use with the leading G-Rex platform by providing the precise quantity of cytokines needed for highly simplified closed system expansion of CAR-T and TCR-T cell drug products with excellent cell characteristics."

"The G-Rex optimized ProPakTM GMP Cytokine is a differentiated product as it is uniquely designed to enable users of G-Rex to manufacture CAR-T and TCR-T drug products with far more simplicity than is possible with any other cytokine vendor," said Josh Ludwig, Global Commercial Director at ScaleReady. "It eliminates the need for cytokine reconstitution and all of the related headaches in favor of a hands-off ballroom style G-Rex manufacturing approach.

"With the incredible response to our G-Rex Grant Program moving G-Rex into the majority of CGT clinical trials, the G-Rex optimized ProPak is the perfect next step in G-Rex manufacturing simplicity. Grant applicant or not, we will help every G-Rex user cost effectively perform comparability studies to integrate the ProPak GMP Cytokines," concluded Josh Ludwig.

Parties interested in learning more and/or evaluating the ProPakTM GMP Cytokines can reach out to info@scaleready.com .

About ScaleReady
ScaleReady provides the field of cell and gene-modified cell therapy (CGT) with a G-Rex centric manufacturing platform that enables the world's most practical, flexible, scalable, and affordable CGT drug product development and manufacturing.

CGT entities that rely on the breadth and scope of ScaleReady's expertise can expect to save years of time and millions of dollars on the path to CGT commercialization.

The G-Rex manufacturing platform is now used in 50% of clinical trials and by over 800 organizations producing drug products expected to move well into the majority of clinical trials as a result of the ScaleReady G-Rex Grant Program. G-Rex is also currently used to make 4 commercially approved CGT drugs; 3 autologous and 1 allogeneic.

For more information about the ScaleReady G-Rex® Grant Program, please contact info@scaleready.com.

About Bio-Techne Corporation
Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne, in partnership with Wilson Wolf, is creating products such as media and cytokines that are specifically tailored to G-Rex® Bioreactors, including right-sized reagent quantities in containers that are tailored to high throughput closed-system manufacturing. For more information on Bio-Techne and its brands, please visit https://www.bio-techne.com or follow the Company on social media at: Facebook, LinkedIn, Twitter or YouTube.

Contact: David Clair, Vice President, Investor Relations & Corporate Development
david.clair@bio-techne.com
612-656-4416

BT Logo (PRNewsfoto/Bio-Techne Corporation)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scaleready-and-bio-techne-announce-optimal-closed-system-cytokine-packaged-for-single-step-use-in-closed-system-g-rex-manufacture-of-car-t-and-tcr-therapies-302248409.html

SOURCE Bio-Techne Corporation

FAQ

What is the new product launched by ScaleReady and Bio-Techne (TECH)?

ScaleReady and Bio-Techne (TECH) have launched G-Rex optimized ProPak™ GMP Cytokines, designed for efficient closed system cell and gene-modified cell therapy (CGT) manufacturing.

How does the ProPak™ GMP Cytokine product simplify CGT manufacturing?

The ProPak™ GMP Cytokine product simplifies CGT manufacturing by providing pre-formulated liquid cytokines in a weldable bag, eliminating the need for reconstitution and simplifying the process of acquiring, storing, preparing, and administering these critical reagents.

What cytokines are included in the ProPak™ GMP Cytokine product?

The ProPak™ GMP Cytokine product contains either interleukin-7 (IL-7) or interleukin-15 (IL-15), which are commonly used in the ex vivo manufacturing of CAR-T and TCR-T cells.

How much cytokine does each ProPak™ contain for use with G-Rex bioreactors?

Each ProPak™ contains enough cytokines to dose a 1-liter G-Rex bioreactor at the recommended 10ng/mL concentration.
Bio-Techne Corp

NASDAQ:TECH

TECH Rankings

TECH Latest News

TECH Latest SEC Filings

TECH Stock Data

9.59B
155.37M
1.1%
103.38%
3.29%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
MINNEAPOLIS