ASX ANNOUNCEMENT
11 January 2018
Release of Securities from Voluntary Escrow
Melbourne, Australia; 11 January 2018: Australian stem cell and regenerative medicine company, Cynata Therapeutics Limited (ASX: CYP), advises in accordance with ASX Listing Rule 3.10A that the following securities will be released from voluntary escrow:
Security
Number
Release Date
Ordinary Shares
8,088,403
27 January 2018
Peter Webse Company Secretary
CONTACTS:
Dr Ross Macdonald, CEO: Tel: 0412 119343; emailross.macdonald@cynata.com
Daniel Paproth, Australia Media Contact, +61 (0)421 858 982 ,daniel.paproth@mcpartners.com.au Laura Bagby, U.S. Media Contact, 312-448-8098,lbagby@6degreespr.com
About Cynata Therapeutics (ASX: CYP)
Cynata Therapeutics Limited (ASX: CYP) 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™ utilises induced pluripotent stem cells (iPSCs) to produce a particular type of MSC precursor, called a mesenchymoangioblast (MCA). 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, with a pharmaceutical product business model and economies of scale. This has the potential to create a new standard in the emergent arena of stem cell therapeutics and provides both a unique differentiator and an important competitive position.
Cynata Therapeutics Limited
Level 3, 62 Lygon Street, Carlton 3053, Victoria, Australia
PO Box 7165, Hawthorn North, Victoria 3122
T: + 613 9824 5254 F: + 613 9822 7735 E:admin@cynata.com
ABN - 98 104 037 372
Cynata Therapeutics Ltd. published this content on 11 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2018 08:24:01 UTC.
Original documenthttp://cynata.com/wp-content/uploads/2018/01/18.01.11.Release-of-Securities-from-Voluntary-Escrow.pdf
Public permalinkhttp://www.publicnow.com/view/47BCC1BD53C61F064D4FEB5E5A5C6D7A721108FC