Revenue Exceeds Expectations
Maravai LifeSciences reported $47 million in revenue for Q1 2025, surpassing the expected range and showing base business growth of more than $4 million from Q4 2024.
Nucleic Acid Production Segment Growth
The Nucleic Acid Production (NAP) segment reported $29 million in revenue for Q1, an increase from Q4 2024, highlighting growth in the segment.
Biologic Safety Testing Segment Stability
The Biologic Safety Testing (BST) segment reported $18 million in revenue for Q1, maintaining stability compared to Q1 2024.
Innovations in mRNA Technology
Launch of the Poly(A+) line to enhance mRNA performance, including a proprietary toolkit of Poly(A) tail modifications to protect and enhance mRNA molecules.
New License and Supply Agreements
Five new CleanCap license and supply agreements were signed, bringing the total to 48, indicating strong market adoption.