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Other Disclosures219AHeartseed Inc.Pharmaceuticals

Notice concerning the designation of the allogeneic iPS cell-derived cardiac muscle spheroid “HS-001” as a product covered by the Ministry of Health, Labour and Welfare’s “regenerative medical products for rare diseases” designation

The allogeneic iPS cell-derived cardiac muscle spheroid “HS-001 (remumiocel)” was designated by the Ministry of Health, Labour and Welfare as a product covered by the “regenerative medical products for rare diseases” designation. The designation makes it eligible for a system providing government support, including subsidies and priority review.

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Announced details

Allogeneic iPS cell-derived cardiac muscle spheroid “HS-001” (name: remumiocel)
Applicable field (uses covered by this announcement)

Treatment of severe heart failure caused by ischemic cardiomyopathy inadequately controlled by standard drug therapy. The product is intended for patients who have undergone coronary artery bypass grafting (CABG) and have a left ventricular ejection fraction (LVEF) of 40% or less at rest.

Relationship between the counterparty and the company
Heartseed Inc.219A
Relationship with the Company

The Ministry of Health, Labour and Welfare designated the HS-001 being developed by the Company as an eligible product.

CounterpartyMinistry of Health, Labour and Welfare

The Ministry of Health, Labour and Welfare, which designates products as regenerative medical products for rare diseases. Other information, including its location, representative, capital and year of establishment, was not disclosed.

Award/certification name

Designation as a product covered by the regenerative medical products for rare diseases program

Awarding / certifying body

Ministry of Health, Labour and Welfare

Registration number and expiry date

Designation date: 9 November 2026. The program description states that the re-examination period may be extended by up to 10 years.

Impact on Business Performance

No revision has been made to the earnings forecast for the fiscal year ending December 2026.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredAllogeneic iPS cell-derived cardiac muscle spheroid “HS-001” (name: remumiocel)
CounterpartyMinistry of Health, Labour and Welfare
Counterparty overviewThe Ministry of Health, Labour and Welfare, which designates products as regenerative medical products for rare diseases. Other information, including its location, representative, capital and year of establishment, was not disclosed.
Relationship with the CompanyThe Ministry of Health, Labour and Welfare designated the HS-001 being developed by the Company as an eligible product.
Applicable areaTreatment of severe heart failure caused by ischemic cardiomyopathy inadequately controlled by standard drug therapy. The product is intended for patients who have undergone coronary artery bypass grafting (CABG) and have a left ventricular ejection fraction (LVEF) of 40% or less at rest.
Award/certification nameDesignation as a product covered by the regenerative medical products for rare diseases program
Awarding / certifying bodyMinistry of Health, Labour and Welfare
Registration number and expiry dateDesignation date: 9 November 2026. The program description states that the re-examination period may be extended by up to 10 years.
Impact on Business PerformanceNo revision has been made to the earnings forecast for the fiscal year ending December 2026.
Items this document does not state (9)
Contract ValueOffering priceContract DateLaunch dateLocationLocation scaleQuantitative EffectsUsage historySource

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.

Because it met the criteria relating to the number of eligible patients, unmet medical need and development potential.

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Notice concerning the designation of the allogeneic iPS cell-derived cardiac muscle spheroid “HS-001” as a product covered by the Ministry of Health, Labour and Welfare’s “regenerative medical products for rare diseases” designation | Heartseed Inc. (219A) timely disclosure | Komori