Alpha Teknova and Pluristyx collaborate to produce and distribute PluriFreeze™, a cryopreservation system for allogeneic cell therapies.
Quiver AI Summary
Alpha Teknova, Inc. and Pluristyx, Inc. have announced a collaboration to produce and commercialize Pluristyx's PluriFreeze™ product line, which is a cryopreservative and cell wash media system for developers of allogeneic cell therapies. With Teknova as the exclusive manufacturer and distributor of PluriFreeze in the U.S. and Canada, this partnership aims to enhance customer access to these innovative solutions, facilitating the scaling of cell therapy production. PluriFreeze consists of a protective wash and a low-viscosity freezing medium that support cellular viability and process automation across various stages of therapy development. The collaboration will be highlighted at the upcoming BioProcess International West conference, where more details on the products will be shared.
Potential Positives
- Collaboration with Pluristyx positions Teknova as the exclusive manufacturer and distributor of the PluriFreeze product line in the U.S. and Canada, enhancing their market presence in the cell therapy sector.
- The partnership leverages Teknova's nearly 30 years of experience and established customer base, potentially leading to increased sales and customer trust in the PluriFreeze products.
- PluriFreeze's innovative cryopreservation system streamlines the manufacturing process for allogeneic cell therapies, aligning with industry demands for efficient solutions in therapeutic development.
Potential Negatives
- The press release does not provide specific details on the financial impact or terms of the collaboration, which may indicate uncertainty regarding its profitability.
- While the collaboration aims to streamline processes for cell therapy developers, there is no mention of any competitive advantage or differentiation that Teknova holds, potentially raising concerns about its market position.
- Details regarding pricing and availability of the PluriFreeze products will be announced at a future event, which could delay customer access and affect immediate sales momentum.
FAQ
What is the collaboration between Alpha Teknova and Pluristyx?
Alpha Teknova and Pluristyx are collaborating to produce and commercialize the PluriFreeze cryopreservation product line for cell therapies.
What is the purpose of the PluriFreeze product line?
The PluriFreeze product line is designed to streamline the freezing and washing of cells in allogeneic cell therapy production.
Who will manufacture and distribute PluriFreeze in North America?
Alpha Teknova will be the exclusive manufacturer and distributor of the PluriFreeze product line in the United States and Canada.
What is the significance of the PluriFreeze system?
The PluriFreeze system enhances cellular viability during storage and transport, facilitating the scale-up for clinical applications of cell therapies.
When will more information about PluriFreeze be available?
Further details about PluriFreeze, including pricing and availability, will be announced at the BioProcess International West conference starting on March 19, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
HOLLISTER, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- Alpha Teknova, Inc. (“Teknova”) (Nasdaq: TKNO), and Pluristyx, Inc., today announced that the companies are collaborating to produce and commercialize Pluristyx's PluriFreeze™ product line, a cryopreservative and cell wash media system intended for use by customers who are developing next generation allogeneic cell therapies. Teknova is a leading producer of critical reagents for the discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics, while Pluristyx is a leading provider of induced Pluripotent Stem Cells (iPSCs), including immune evading and safety-switch enabled iPSCs, and other innovative technologies designed to shorten the development lifecycle of tomorrow’s cell therapies.
Through their development of iPSCs, Pluristyx recognized the critical importance of cellular biopreservation across the cell therapy workflow. In the process, the company identified a novel cryopreservation formulation for the systematic freezing of cells that streamlines the manufacture of cell products. Pluristyx launched the PluriFreeze product line as a protective wash paired with a cryopreservative designed to simplify the scale-up process for companies working to bring allogeneic cell therapies to market. The collaboration between Pluristyx and Teknova will enable wider customer access to PluriFreeze by making Teknova the exclusive manufacturer and distributor in the United States and Canada.
“We’re excited to announce our collaboration with Pluristyx, a true innovator in the development and commercialization of revolutionary cellular therapies,” said Stephen Gunstream, Teknova’s President and Chief Executive Officer. “By coming together, we’re able to marry Teknova’s operational and commercial scale with their novel cryopreservation solution. Getting the PluriFreeze products into our customers’ hands will help them streamline the manufacture of allogeneic cell therapies as they move from research, to process development, and into clinical manufacturing.”
“With almost 30 years of experience manufacturing high-quality research- and GMP-grade reagents and an established base of more than 3,000 life sciences customers, Teknova is the perfect partner to help us expand access to our proprietary PluriFreeze cryopreservation system,” added Benjamin Fryer, Chief Executive Officer of Pluristyx. “As cell therapy developers focus on scaling their solutions into the clinic, it’s critical to use a trusted and scalable supply of products that ensure high cellular viability and function at multiple holding points across the workflow – not only during storage and transport.”
The PluriFreeze cryopreservation system is entirely synthetic and animal-origin-free, and consists of a base wash and a freezing medium. PluriFreeze Base is a protective wash that mimics intracellular space and provides end-to-end metabolic support. PluriFreeze PF10 is a low viscosity freezing medium with 10% dimethyl sulfoxide (DMSO) that simplifies scale-up and process automation.
More information about the collaboration and the products, including pricing and availability, will be announced next week at the BioProcess International West conference in San Diego, California, starting on March 19, 2025. Interested parties can also sign up for early access or to request a free product sample by visiting www.teknova.com .
ABOUT TEKNOVA
Teknova makes solutions possible. Since 1996, Teknova has been innovating the manufacture of critical reagents for the life sciences industry to accelerate the discovery and development of novel breakthroughs that will help people live longer, healthier lives. We offer fully customizable solutions for every stage of the workflow, supporting industry leaders in molecular diagnostics, synthetic biology, and emerging therapeutic modalities. Our fast turnaround of high-quality agar plates, microbial culture media, buffers and reagents, and water helps our customers scale seamlessly from RUO to GMP. Headquartered in Hollister, California, with over 180,000 square feet of state-of-the-art facilities, Teknova’s modular manufacturing platform was designed by our team of scientists, engineers, and quality control experts to efficiently produce the foundational ingredients for the discovery and commercialization of next-generation therapies.
ABOUT PLURISTYX
Pluristyx is a privately held biotechnology company offering a wide range of products and services to support the development and manufacture of cell and gene therapies, including iPSC lines, proprietary genetic engineering technologies, differentiation services, iPSC culture kits, and contract development services. Pluristyx is committed to delivering highest quality products and services to accelerate clinical translation of life-changing cell therapies.
CONTACTS
Investor Contact (Teknova)
Matt Lowell
Chief Financial Officer
[email protected]
+1 831-637-1100
Media Contact
(Teknova)
Jennifer Henry
Senior Vice President, Marketing
[email protected]
+1 831-313-1259
Media Contact
(Pluristyx)
Steve Geelhood
Senior Director, Commercial Operations
[email protected]
+1 888-588-9935
This press release was published by a CLEAR® Verified individual.