Maravai LifeSciences Expands its Intellectual Property Portfolio with European Patent
October 07 2021 - 5:30AM
Maravai LifeSciences, Inc. (NASDAQ: MRVI), a global provider of
life science reagents and services to researchers and biotech
innovators, announced today that the European Patent Office has
issued a new patent, No. 3352584, to the company’s TriLink
BioTechnologies subsidiary.
The patent relates to TriLink’s CleanCap® technology for the
co-transcriptional capping of messenger RNAs (mRNAs). Capping is an
important step in the production of synthetic mRNA, which is used
to develop nucleic acid vaccines and therapeutics that deliver
instructions to human cells to produce proteins that may prevent or
correct disease.
The technology described by European Patent No. 3352584
facilitates the production of mRNAs and provides a significant
improvement over legacy co-transcriptional capping methods.
“We’re pleased to expand the geographic coverage of our
intellectual property with the issuance of this European patent for
CleanCap,” said Mike Houston, Ph.D., Chief Scientific Officer of
Maravai. “Capping is a critical process in creating viable mRNA
constructs that remain biologically active without eliciting immune
responses. By changing the capping approach and streamlining the
manufacturing workflow, we deliver a novel solution, whether
customers purchase CleanCap in bulk for their own mRNA development
programs or utilize mRNA synthesized by TriLink BioTechnologies
that already incorporates this novel capping technology.”
CleanCap overcomes many drawbacks of existing approaches,
enabling highly efficient, reproducible production of capped mRNA.
CleanCap technology allows capping to occur in a single reaction,
streamlining the manufacturing of mRNA at large scales. Reduced
manufacturing time is critical for a number of emerging
applications, such as the development of personalized cancer
therapeutics and during rapid vaccine responses to pandemics.
CleanCap also reduces the cost of mRNA manufacturing, further
accelerating the adoption of new mRNA therapeutics.
About Maravai Maravai is a leading life
sciences company providing critical products to enable the
development of drug therapies, diagnostics, novel vaccines and to
support research on human diseases. Maravai’s companies are leaders
in providing products and services in the fields of nucleic acid
synthesis and biologic safety testing to many of the world's
leading biopharmaceutical, vaccine, diagnostics, and cell and gene
therapy companies. For more information about Maravai
LifeSciences, visit www.maravai.com.
About TriLink BioTechnologiesTriLink
BioTechnologies, part of Maravai LifeSciences, is a CDMO helping
life science leaders and innovators overcome challenges in the
synthesis and scale-up of nucleic acids, NTPs and mRNA capping
analogs with scale-up expertise and unique mRNA production
capabilities, including its proprietary CleanCap mRNA capping
technology. TriLink continues to expand its cGMP and general
manufacturing capacity at its new global headquarters to support
mRNA, oligonucleotide & DNA plasmid therapeutic, vaccine and
diagnostic customers. For more information about TriLink, visit
www.trilinkbiotech.com.
Forward-looking Statements This press release
may contain "forward-looking statements" within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. Investors are cautioned that statements in this
press release which are not strictly historical statements
constitute forward-looking statements, including, without
limitation, statements related to the advantages of CleanCap
technology, the cost of mRNA manufacturing, and acceleration of new
mRNA vaccines and therapeutics, constitute forward-looking
statements identified by words like “expect,” “may,” “anticipate,”
or “could” and similar expressions. Such forward-looking statements
are subject to a number of risks and uncertainties that could cause
actual results to differ materially from those anticipated,
including, without limitation and uncertainties related to
continued validation of the safety and effectiveness of our
technology, new scientific developments, and competition from other
products. These and other risks and uncertainties are described in
greater detail in the “Risk Factors” section of our most recent
Annual Report on Form 10-K on file with the U.S. Securities and
Exchange Commission. Actual results may differ materially from
those contemplated by these forward-looking statements, and
therefore you should not rely upon them. These forward-looking
statements reflect our current views and we do not undertake to
update any of these forward-looking statements to reflect a change
in its views or events or circumstances that occur after the date
hereof except as required by law.
Contact Information:
Media Contact: Sara Michelmore
MacDougall
+1 781-235-3060
maravai@macbiocom.com
Investor Contact: Deb Hart
Maravai LifeSciences
+1 858-988-5917
ir@maravai.com
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