CYP 1.72% 29.5¢ cynata therapeutics limited

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    CYNATA THERAPEUTICS
    Ross Macdonald, Ph.D., CEO
    Oct. 4 | 4:00pm | La Jolla Ballroom 2
    Melbourne, Australia
    (ASX: CYP)
    Cynata Therapeutics is an Australian clinical-stage stem cell and regenerative medicine company that is developing a therapeutic stem cell platform technology, Cymerus™, originating from the University of Wisconsin-Madison, a world leader in stem cell research. The proprietary Cymerus™ technology addresses a critical shortcoming in existing methods of production of mesenchymal stem cells (MSCs) for therapeutic use, which is the ability to achieve economic manufacture at commercial scale. Cymerus™ utilizes induced pluripotent stem cells (iPSCs) to produce therapeutic MSCs and the company is the first in the world to conduct a clinical trial with an allogeneic iPSC-derived product. The Cymerus™ platform provides a source of MSCs that is independent of donor limitations and provides an “off-the-shelf” stem cell platform for therapeutic product use. This creates a new standard in stem cell therapeutics and provides both a unique differentiator and an important competitive position. www.cynata.com
 
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