REG - Genflow Biosciences - Receipt of Grant Funding

Genflow BiosciencesAnnouncement

12/06/2024 07:00

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RNS Number : 0406S  Genflow Biosciences PLC  12 June 2024

 

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12 June 2024

 

Genflow Biosciences Plc

 

Receipt of Grant Funding

 

Genflow Biosciences Plc (LSE:GENF)(OTCQB:GENFF) ("Genflow" or "the Company")
an emerging leader in the field of longevity research, focused on developing
therapeutic solutions for the prevention of age-related diseases is pleased to
announce receipt of €395,847 representing 50% of the Exofastrack research
grant from the Government of Wallonia in Belgium's Advanced Therapy Medicinal
Products (ATMPs).

 

The grant, a non-dilutive, non-reimbursable subsidy, supports Genflow and EXO
Biologics' 3-year scientific program. Covering 80% of the expenses, the grant
will be used for working capital. The program (see press release here
(https://genflowbio.com/wp-content/uploads/2024/01/Genflow-US-News-Release-ExoBio-Revatis-FINAL-17-JAN-24.pdf)
) will deliver a therapeutic product composed of exosomes encapsulating an AAV
or mRNA encoding SIRT6. The exosome therapy will be designed to target liver
fibrosis (MASH) and Werner Syndrome, an accelerated aging disease.

 

Dr. Eric Leire, CEO of Genflow commented: "We are thrilled to receive this
grant from the Government of Wallonia. This funding will significantly advance
our research program focused on exosome-based therapies, potentially leading
to groundbreaking treatments for liver fibrosis and Werner Syndrome. Our
commitment to pioneering therapeutic solutions for longevity is further
strengthened by this support, and we look forward to the impactful
developments that will emerge from this collaboration."

 

Contacts

 

 Genflow Biosciences  Harbor Access
 Dr Eric Leire, CEO   Jonathan Paterson, Investor Relations
 +32-477-495-881      +1 475 477 9401
                      Jonathan.Paterson@Harbor-access.com

 

 Joint Corporate Brokers
 Clear Capital Markets          Capital Plus Partners Ltd
 Bob Roberts, +44 203 869 6080  Dominic Berger, +44 203 821 6167
                                Keith Swann, +44 0203 821 6169
                                Jon Critchley, +44 0203 821 6168

 

 

About Genflow Biosciences

 

Founded in 2020, Genflow Biosciences Plc. (LSE:GENF) (OTCQB:GENFF), a
biotechnology company headquartered in the UK with R&D facilities in
Belgium, is pioneering gene therapies to decelerate the aging process, with
the goal of promoting longer and healthier lives while mitigating the
financial, emotional, and social impacts of a fast-growing aging global
population. Genflow's lead compound, GF-1002, works through the delivery of a
centenarian variant of the SIRT6 gene which has yielded promising preclinical
results. Scheduled to begin in 2025, Genflow's clinical trial aims to explore
the potential benefits of GF-1002 in treating MASH (Metabolic
Dysfunction-Associated Steatohepatitis), the most prevalent chronic liver
disease for which there is no effective treatments. Please visit
www.genflowbio.com (http://www.genflowbio.com)   and follow the Company on
LinkedIn and Twitter/X.

 

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