Proactive Biotech Webinar attracts strong response
Presenting companies were Cynata Therapeutics Ltd, Recce Pharmaceuticals Ltd and Pharmaxis Ltd (ASX:PXS).
Company
ASX:CYP
Cynata Therapeutics Limited is a clinical-stage biotechnology company transforming regenerative medicine through our proprietary Cymerus™ platform technology.
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Presenting companies were Cynata Therapeutics Ltd, Recce Pharmaceuticals Ltd and Pharmaxis Ltd (ASX:PXS).
The Australian clinical-stage stem cell and regenerative medicine company is focused on the development of stem cell platform technology for commercial production with the help of pharmaceutical partner Fuji Film.
Cynata’s managing director Dr Ross Macdonald will present at Proactive’s CEO Sessions in Sydney on February 3 and Melbourne on February 4.
In a preclinical study in a mouse model of CLI, treatment with Cymerus MSCs led to significantly higher blood flow in the ischaemic limb and protection against muscle damage, fibrosis and limb loss.
The company is an Australian clinical-stage stem cell and regenerative medicine corporation focused on the development of therapies based on Cymerus – a therapeutic stem cell platform technology.
The regenerative medicine company plans to further develop the treatment through partnerships with companies commercialising cancer immunotherapies.
Investments and investor services
The inaugural ASX Small and Mid-Cap Conference will be held in Sydney on Thursday, September 6.
Cynata is an Australian clinical-stage stem cell and regenerative medicine company.
Cynata’s lead product was recently granted Orphan Drug Designation by the US FDA.
The global annual market for GvHD treatment is expected to be US$500 million by 2021.
Analyst Raghuram Selvaraju repeated a 'buy' stance and targets A$1.50 for the shares
The company's patent covers methods to efficiently manufacture stem cells at scale.
The company has developed a unique method to produce stem cells.
The company recently announced a strategic agreement with Fujifilm.
The global regenerative medicine market was worth US$18.9 billion in 2016.
The halt will remain in place until Wednesday 17th May 2017.
Dr Ross Macdonald talked stemcell research with investors.
Find out more from Joe Kaderavek at Proactive's CEO Sessions.
Find out more from Todd Hibberd at Proactive's CEO Sessions.
Find out more from Andrew McLellan at Proactive's CEO Sessions.
Proactive's CEO Spotlight Sessions are back again giving investors the opportunity to hear the latest news flow from directors, and what to expect next.
Find out more from Mark Wilson at Proactive's CEO Sessions.
Find out more from Dr Ross Macdonald at Proactive's CEO Sessions.
Cynata Therapeutics (ASX:CYP) has successfully completed a placement to sophisticated and institutional investors to raise $6 million, at $0.65 per share.
Cynata Therapeutics (ASX:CYP) has been granted a trading halt by the ASX, pending details on a capital raising.
Cynata Therapeutics (ASX:CYP) has received approval from the National Health Service (NHS), England for the Phase 1 trial in patients with steroid-resistant acute GvHD (graft versus host disease).