Cynata: 'No longer an evolving market'

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Cynata Therapeutics (ASX:CYP) says FDA approval for Novartis' KYMRIAH (tisagenlecleucel), a chimeric antigen receptor T cell (CAR-T) treatment for relapsed acute lymphoblastic leukaemia in paediatric and adolescent patients, is a positive sign for its own commercialisation plans.

CAR-T treatments are gene therapies manufactured for each individual patient using their own immune cells. The cost of treatment is around half a million dollars.

FDA approval for KYMRIAH follows the announcement of Gilead's US$11.9 billion acquisition of Kite Pharma. 

Earlier this week, Gilead announced plans to acquire Kite Pharma in a US$11.9b transaction.  Kite is focussed on developing similar CAR-T cell products for cancer. Kite is also developing a CAR-T therapy. It is currently under consideration by the FDA.

Cynata has previously announced its own patent applications around its Cymerus technology in immunotherapy treatments, including chimeric antigen receptor T cell (CAR-T) and checkpoint inhibitor-based therapies.

According to managing director and CEO Ross Macdonald, these recent developments "...have firmly established the use of cells as medicine and confirmed that cellular therapy is a key category and no longer an evolving market."