Anders Nowokowski's questions to Maravai LifeSciences Holdings Inc (MRVI) leadership • Q4 2024
Question
An analyst on behalf of KeyBanc Capital Markets asked about the market traction for new products like CleanScribe and the company's overall new product strategy, particularly whether the focus is on preclinical or commercial applications.
Answer
Chief Executive Officer William Martin responded that new products are largely focused on the preclinical stage. He noted that CleanScribe has seen excellent market traction and demand, becoming one of Alphazyme's most successful product launches. He expressed optimism that it could quickly move to GMP use, supported by planned CapEx to expand Alphazyme's late-phase manufacturing capabilities.