MRVI - Maravai LifeSciences Hosts 2023 Investor R&D Day | Benzinga
SAN DIEGO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. ("Maravai" or the "Company") (NASDAQ:MRVI), a global provider of life science reagents and services to researchers and biotech innovators, hosted its 2023 Investor R&D Day featuring presentations by Trey Martin, Chief Executive Officer, and other members of the Maravai leadership team that showcased the company's strong foundation for growth, key differentiators, innovations, and attractive long-term growth outlook.
"Maravai has established an exceptionally strong foundation and we are building momentum toward our long-term goal of achieving high teens revenue growth with expanding EBITDA margins," said Trey Martin, CEO of Maravai LifeSciences. "We are well-positioned in growing end-markets with innovative solutions across our Nucleic Acid Production (NAP) and Biologics Safety Testing (BST) segments, and we have the team, technologies, and financial position to execute on our comprehensive strategy to capture the opportunity." Martin continued, "We are committed to translating extraordinary science into everyday miracles and creating value for our shareholders."
At the event, Maravai shared:
- Strong foundation positioned for the next chapter of growth
- Highlights include the company's strong financial position, innovative talent, broad market reach and strong customer base.
- Proven leadership team with significant life sciences experience
- Significant breadth and depth of talent has been added across all areas of the business. At the leadership level, Maravai has assembled an extraordinary team of executives with robust life sciences expertise and proven ability to lead.
- Leveraging key differentiators
- To ensure leadership in the markets in which it participates, Maravai is focused on the following differentiators: own the front end of the customer funnel, be the customer's first choice, leverage world class employee base of industry experts, deliver industry leading technology and intellectual property, and capitalize ...