Intrexon (XON) Posts Q1 Net Income of 26c/Share

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Intrexon Announces First Quarter 2015 Financial Results

May 11, 2015 4:05 PM EDT

GERMANTOWN, Md., May 11, 2015 /PRNewswire/ -- Intrexon Corporation (NYSE: XON), a leader in synthetic biology, today announced its first quarter results for 2015. 

Business Highlights and Recent Developments:

Entered into an exclusive collaboration and license agreement with the biopharmaceutical business of Merck KGaA, Darmstadt, Germany, to develop and commercialize chimeric antigen receptor T-cell (CAR-T) cancer therapies. Utilizing Intrexon's cell engineering techniques and RheoSwitch® platform, the collaboration aims to develop leading-edge products that... More