viewCynata Therapeutics Ltd

Cynata Therapeutics meets with New York investors following good news from its stem cell candidate

Cynata Therapeutics Ltd (ASX:CYP) (OTCMKTS:CYYNF) CEO Ross Macdonald tells Proactive's Christine Corrado the cell therapy company has met the clinical endpoints of a Phase 1 trial of its Cymerus mesenchymal stem cell (MSC) product candidate in people with steroid-resistant acute graft-versus-host disease (GvHD).

Macdonald is in New York to present at the 20th Annual Rodman & Renshaw Global Investment Conference. Macdonald says Cynata's recent clinical data has "opened a lot of doors" to institutional investors, plus he says having a corporate partner in FUJIFILM (TYO:4901) helps to validate the technology.

Quick facts: Cynata Therapeutics Ltd

Price: 1.06 AUD

Market: ASX
Market Cap: $124.15 m

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Cynata Therapeutics announces trial in critical COVID-19 patients using...

Cynata Therapeutics (ASX: CYP) COO Kilian Kelly joined Steve Darling from Proactive Vancouver with news the unique stem cell biotech company is beginning a trial in patients suffering from the effects of the coronavirus. Kelly telling Proactive how their technology works and why this...

on 15/5/20

2 min read