Cynata Receives $1.7m R&D Tax Incentive Refund
Released
Released
Announcement PDF
Cynata Therapeutics Limited
ABN – 98 104 037 372
Level 3, 100 Cubitt Street
Cremorne
VIC 3121
Australia
T: +613 7067 6940
E: info@cynata.com
www.cynata.com
ASX ANNOUNCEMENT 5 November 2025
Cynata Receives $1.7m R&D Tax Incentive Refund
Melbourne, Australia; 5 November 2025: Cynata Therapeutics Limited (ASX: “CYP” or “Cynata”), a
clinical-stage biotechnology company specialising in cell therapeutics, is pleased to announce it has
received a $1,711,618 R&D Tax Incentive Refund for the 2024/2025 financial year.
The Tax Incentive Refund enables further resources to be invested towards progressing Cynata’s
broad and advanced cell therapy product pipeline.
The R&D Tax Incentive is an important Australian Government program that encourages companies
to engage in research and development benefiting Australia by providing a tax offset for eligible
activities such as the development of Cynata’s unique and proprietary Cymerus™ therapeutic
mesenchymal stromal cell (MSC) products.
-ENDS-
Authorised for release by Dr Kilian Kelly, CEO & Managing Director
CONTACTS: Dr Kilian Kelly, CEO & MD, Cynata Therapeutics, +61 (03) 7067 6940, kilian.kelly@cynata.com
Lauren Nowak, Media Contact, +61 (0)400 434 299, investors@cynata.com
About Cynata Therapeutics (ASX: CYP)
Cynata Therapeutics Limited (ASX: CYP) is an Australian clinical-stage stem cell and regenerative medicine company focused
on the development of therapies based on Cymerus™, a proprietary therapeutic stem cell platform technology. Cymerus™
overcomes the challenges and limitations of conventional MSC production by using induced pluripotent stem cells (iPSCs) to
achieve economic manufacture of cell therapy products, including mesenchymal stem cells (MSCs), at commercial scale
without the necessity to obtain tissue from multiple donors on an ongoing basis, and without the complexity and product
inconsistency resulting from conventional methods.
Cynata has demonstrated positive safety and efficacy data for its Cymerus™ product candidates CYP-001 and CYP-006TK in
Phase 1 clinical trials in steroid-resistant acute graft versus host disease (GvHD) and diabetic foot ulcers (DFU), respectively.
Further clinical trials are now ongoing: a Phase 2 trial of CYP-001 in GvHD under a cleared US FDA IND; a Phase 1/2 trial of
CYP-001 in patients undergoing kidney transplantation; and a Phase 3 trial of CYP-004 in osteoarthritis. In addition, Cynata has
demonstrated utility of its Cymerus™ technology in preclinical models of numerous other diseases, including critical limb
ischaemia, idiopathic pulmonary fibrosis, asthma, heart attack, sepsis, acute respiratory distress syndrome (ARDS) and
cytokine release syndrome.
Cynata Therapeutics encourages all current investors to go paperless by registering their details with the designated registry service
provider, Automic Group.
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