Cynata and apceth in deal to develop stem cell-based therapeutics

9 May 2016

Australian stem cell and regenerative medicine company Cynata Therapeutics (ASX: CYP) has entered into a worldwide license option agreement with German biopharma firm apceth.

The agreement will combine Cynata’s Cymerus technology with genetic modification technologies to open up prospective new therapeutic fields to mesenchymal stem cells (MSCs), particularly the treatment of cancer.

Cymerus technology allows for mesenchymal stem cells (MSCs) to be manufactured for therapeutic use at commercial scale.

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