CytoMed Therapeutics’ Chairman Increases Effective Holdings to 21.95%

Core Insights - CytoMed Therapeutics Limited, a clinical stage biopharmaceutical company, focuses on developing affordable donor-derived cell-based immunotherapies for various cancers, including blood and solid tumors [1][3] - Executive Chairman Peter Choo has increased his shareholding in the company, now owning 21.95% of total outstanding shares, indicating his confidence in the company's potential [1][2] Company Overview - CytoMed was incorporated in 2018 and spun off from Singapore's Agency for Science, Technology and Research (A*STAR) [3] - The company specializes in proprietary technologies, including gamma delta T cell and iPSC-derived gamma delta Natural Killer T cell, aimed at creating novel allogeneic immunotherapies for cancer treatment [3] Market Context - There is rising investor interest in biotherapeutics in Asia, particularly in China, which presents unique opportunities for innovation and cost-competitive patient access [2] - The expanding healthcare and medical travel ecosystem in Southeast Asia, along with increasing healthcare costs in the West, further enhances the market potential for CytoMed's offerings [2]