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Business alliance130AVeritas In Silico Inc.Pharmaceuticals

Notice of memorandum signed by Australia’s Syntara and Veritas In Silico for a joint discovery research project targeting mRNA compounds

We have signed a memorandum with Syntara Limited to begin joint discovery research using VIS’s AI-driven mRNA-targeted drug discovery technology. We will also consider the possibility of commercialising the research results in the future, including through licensing them to third parties.

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Agreements reached under this partnership

Business alliance
130AVeritas In Silico Inc.
Alliance partnerSyntara Limited
Details of the alliance
  1. 1

    Generation of high-value experimental data

  2. 2

    Deeper understanding of structure–activity relationships in RNA recognition

  3. 3

    Establishment of design criteria that may be used in future discovery research

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionDrug development focused on building a pipeline of small-molecule drugs for diseases involving inflammation and fibrosis
LocationNew South Wales, Australia
Impact on Business Performance

As no upfront payments or other contractual payments will be exchanged in connection with the signing of the memorandum, there is no change to our earnings forecast for the fiscal year ending December 2026. We expect the results of the joint drug discovery research to contribute to an appropriate increase in our corporate value over the medium to long term as research and development and commercialisation progress.

Contract Date2 November 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerSyntara Limited
Alliance partner's business activitiesDrug development focused on building a pipeline of small-molecule drugs for diseases involving inflammation and fibrosis
Alliance partner's locationNew South Wales, Australia
Type of allianceBusiness alliance
Details of the allianceGeneration of high-value experimental data, Deeper understanding of structure–activity relationships in RNA recognition, Establishment of design criteria that may be used in future discovery research
Contract Date2 November 2026
Impact on Business PerformanceAs no upfront payments or other contractual payments will be exchanged in connection with the signing of the memorandum, there is no change to our earnings forecast for the fiscal year ending December 2026. We expect the results of the joint drug discovery research to contribute to an appropriate increase in our corporate value over the medium to long term as research and development and commercialisation progress.
Items this document does not state (16)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The aim is to create small-molecule drugs targeting mRNA by combining Syntara’s chemical synthesis technology and drug development capabilities with VIS’s AI-driven mRNA-targeted drug discovery platform and cell-based experimental technology. The explanation also states that Syntara became interested in the technology after learning about VIS’s research papers, and that momentum for the joint research grew through exchanges between the researchers.

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Notice of memorandum signed by Australia’s Syntara and Veritas In Silico for a joint discovery research project targeting mRNA compounds | Veritas In Silico Inc. (130A) timely disclosure | Komori