New European patent for Cynata's stem cell technology

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Cynata Therapeutics (ASX: CYP), a clinical-stage biotechnology company specialising in cell therapeutics, has announced that the European Patent Office (EPO) has granted a patent covering its proprietary Cymerus mesenchymal stem cell (MSC) technology.

The patent, entitled 'Methods and materials for hematoendothelial differentiation of human pluripotent stem cells under defined conditions', is owned by the University of Wisconsin – Madison’s Wisconsin Alumni Research Foundation (WARF) and is among the intellectual property licensed exclusively from WARF to Cynata.

The company said the patent provides further intellectual property protection for the Cymerus technology, including CYP-001, a treatment being developed for steroid-resistant graft versus host disease (GvHD). The technology is the subject of a license option agreement between Cynata and FUJIFILM.

According to CEO Dr Ross Macdonald, “We are very pleased with this important development in our goal to continue to strengthen our robust intellectual property assets around Cymerus, our therapeutic stem cell platform technology.”

Mr Junji Okada, FUJIFILM’s director corporate vice president, said “This new patent is a significant advancement in the protection of the intellectual property around Cynata’s Cymerus technology. We look forward to working with Cynata to finalise the license agreement.”

The inventors named on the patent are Dr Gene Uenishi and Professor Igor Slukvin. Professor Slukvin is a founder, advisor and shareholder of Cynata.