Cynata Therapeutics to begin scaling up its 'revolutionary' therapeutic stem cell technology

19 February 2015

Australian stem cell company Cynata Therapeutics (ASX: CYP) is set to scale up manufacturing of its mesenchymal stem cells (MSC) for therapeutic use.

Its lead platform technology, a manufacturing process known as Cymerus, has been successfully validated at a key US biomanufacturing site, Waisman Biomanufacturing in Madison, Wisconsin. The company confirmed that the process is capable of producing MSCs for therapeutic application, in a good manufacturing practice production environment.

The news sent shares in the company soaring as much as 66%.

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