Patient in a hospital bed. Source: Adobe
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Cynata Therapeutics’ (ASX:CYP) announces the enrolment and treatment of the first participant (CYP-001) in its Phase 2 clinical trial for high-risk acute graft versus host disease (aGvHD)
  • US FDA has granted clearance for an Investigational New Drug (IND) application for CYP-001
  • The ongoing trial is investigating CYP-001 as a potential immune-modulating treatment for aGvHD
  • Approval granted to initiate the trial in Australia, US, Turkey
  • CYP last traded at 20c, at 12:45pm AEDT

The market has responded favourably to Cynata Therapeutics’ (ASX:CYP) announcement regarding the enrolment and treatment of the first participant (CYP-001) in its Phase 2 clinical trial.

The biotechnology company, specialising in cell therapeutics, is conducting the trial for the study of high-risk acute graft versus host disease (aGvHD).

“The treatment of the first patient in this Phase 2 trial marks a milestone moment in the clinical development journey of CYP-001 for aGVHD,” Cynata’s CEO Dr Kilian Kelly said.

“We are continuing to open additional clinical centres, and we anticipate completion of enrolment by the end of this calendar year, with primary results available in the second half of 2025.”

The US FDA has granted clearance for an Investigational New Drug (IND) application for CYP-001, designating it as an Orphan Drug for the treatment of aGvHD.

aGvHD poses a severe risk to individuals undergoing bone marrow transplants or similar procedures, as it involves immune cells in the transplant attacking the recipient’s tissues as foreign.

The ongoing trial is investigating CYP-001 as a potential immune-modulating treatment for aGvHD.

This global Phase 2 trial aims to enrol 60 high-risk aGvHD patients, who will be randomised to receive either steroids plus CYP-001 or steroids plus a placebo.

Approval has been granted to initiate the trial in Australia, US and Turkey, with multiple clinical centres in these regions actively recruiting participants.

CYP last traded at 20c, at 12:45pm AEDT.


CYP by the numbers
More From The Market Online
Myelofibrosis cells in blood flow

Clinical trial data for MF candidate proves promising for Syntara

Syntara Ltd has reported positive interim results from its Phase 2 trial to test the efficacy…
AI image represent the market

RBA resists call for Christmas rate cut, keeps things on-hold despite GDP slump

The RBA has maintained its holding position on the cash rate, despite calls for it to…
Market Update Graphic

ASX Market Update: Index drifts lower as miners rally on China stimulus | December 10, 2024

The index has been tracking towards its lowest daily close in a fortnight on the back…
Firefly buzzing about

Firefly Metals jumps 13% on ‘best ever’ copper hit at Green Bay

Firefly Metals (ASX:FFM) has announced its best ever copper drill hit at Green Bay in Canada…