FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Panasonic Develops Automated iPS Cell System Aiming to Slash Treatment Costs to Under 1 Million Yen

-- Panasonic (TYO:6752) aims to bring the cost of producing induced pluripotent stem (iPS) cells below 1 million yen per patient using an automated culturing system it has developed, Nikkei Asia reported Tuesday, citing company official Yoshihiro Owaki.

The compact device, measuring 75 cm high, 70 cm wide, and 45 cm long, was unveiled at Osaka's CiRA Foundation research center on Monday, the publication said.

Currently, producing iPS cells costs approximately 50 million yen per patient, but Panasonic aims to bring that figure below 1 million yen, with field tests targeted for completion by March 2027 and commercialization planned for fiscal 2028, the news daily said.

Owaki added that the company sees iPS cell technology as a future growth area and intends to develop fully automated culture systems for other therapeutic cells, including immune cells, the report said.

Stem cells have the ability to grow into various tissues for medical use, with iPS cells specifically created by introducing genes into harvested adult cells to revert them to an embryonic-like state, it added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Asia

Shakti Pumps (India) Invests INR100 Million in EV Mobility Unit

Shakti Pumps (India) (NSE:SHAKTIPUMP, BOM:531431) said it has invested 100 million Indian rupees in its wholly owned subsidiary Shakti EV Mobility by subscribing to 10 million equity shares, according to a Tuesday filing to the Indian stock exchanges.Shares of the company rose 1% in Wednesday's trade.With this, Shakti Pumps' total investment in the EV mobility unit has increased to 650 million Indian rupees, the filing said.The investment is aimed at supporting business expansion of the subsidiary, it added.

$BOM:531431$NSE:SHAKTIPUMP
Asia

Challenger's Fiscal 2026 Q3 Update Missed Consensus Across Key Life Metrics, Jarden Says

Challenger's (ASX:CGF) fiscal 2026 third-quarter update missed consensus across key Life metrics, with FM outflows significantly worse than expected, driven by institutional equity mandate attrition in both Australian and global equities, according to a Tuesday note by Jarden.The firm's redemption of all CGFPC notes on May 25 simplifies the capital structure, reduces the AT1 coupon burden, and is earnings-per-share accretive.Jarden sees balanced risk/reward for Challenger in the future, with catalysts including capital management flexibility from the Australian Prudential Regulation Authority reform, as well as expanding retirement partnerships across superfunds.It lowered its fiscal 2026 sales forecast to reflect weaker institutional fixed-term sales, partially offset by higher retail annuity sales as partnerships come online.The investment firm retained its neutral rating on Challenger and raised the price target to AU$8.70 per share from AU$8.60 per share.

$ASX:CGF
Asia

Proya Cosmetics 2025 Profit Down 4%, Revenue Slips 2%

Proya Cosmetics (SHA:603605) posted 2025 attributable net profit of 1.50 billion yuan, down 3.5% from 1.55 billion yuan the previous year.Earnings per share slid to 3.80 yuan from 3.92 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue declined 1.7% year over year to 10.6 billion yuan from 10.8 billion yuan.Shares of the cosmetics maker were up over 1% in recent trade.

$SHA:603605
Market Chatter: Panasonic Develops Automated iPS Cell System Aiming to Slash Treatment Costs to Under 1 Million Yen | FINWIRES