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Novel Bio has commercially launched the NBx platform, demonstrating higher plasmid DNA (pDNA) productivity and quality versus traditional E. coli systems, with early commercial revenue and expansion in services to support cell and gene therapy, mRNA, and vaccine production. The NBx platform can handle complex constructs and has been proven in scale-up collaborations with external biotech partners. The company expects robust revenue growth and profitability by FY2025.
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