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Other Disclosures4889Renascience Inc.Pharmaceuticals

Notice Regarding Withdrawal from XPRIZE Healthspan

The Company has decided to withdraw from XPRIZE Healthspan, a competition focused on healthy longevity, and will not continue participating as a finalist. At the same time, it plans to continue its research on anti-aging and longevity using RS5614, as well as large-scale clinical trials.

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Announced details

XPRIZE HealthspanRS5614
Applicable field (uses covered by this announcement)

Anti-aging and longevity; extension of healthy lifespan; prevention and treatment of age-related diseases

What the company reported numerically
Usage history

A semifinal trial involving human subjects has been completed. The number of participants and other details are Not disclosed.

Relationship between the counterparty and the company
Renascience Inc.4889
Relationship with the Company

The Company participated in XPRIZE Healthspan and conducted a semifinal trial. It had been discussing the conditions for participating as a finalist.

CounterpartyXPRIZE Healthspan Evaluation Committee / XPRIZE

The evaluation committee and operating organization for a competition aimed at extending healthy longevity. Other details, including location, representative, business activities, capital, and year established, are Not disclosed.

Award/certification name

Evaluation of the XPRIZE Healthspan semifinal trial results: “Excellent”

Awarding / certifying body

XPRIZE Healthspan Evaluation Committee

Impact on Business Performance

The impact on results for the fiscal year ending March 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredXPRIZE Healthspan, RS5614
CounterpartyXPRIZE Healthspan Evaluation Committee / XPRIZE
Counterparty overviewThe evaluation committee and operating organization for a competition aimed at extending healthy longevity. Other details, including location, representative, business activities, capital, and year established, are Not disclosed.
Relationship with the CompanyThe Company participated in XPRIZE Healthspan and conducted a semifinal trial. It had been discussing the conditions for participating as a finalist.
Applicable areaAnti-aging and longevity; extension of healthy lifespan; prevention and treatment of age-related diseases
Award/certification nameEvaluation of the XPRIZE Healthspan semifinal trial results: “Excellent”
Awarding / certifying bodyXPRIZE Healthspan Evaluation Committee
Usage historyA semifinal trial involving human subjects has been completed. The number of participants and other details are Not disclosed.
Impact on Business PerformanceThe impact on results for the fiscal year ending March 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure.
Items this document does not state (9)
Contract ValueOffering priceContract DateLaunch dateRegistration number and expiry dateLocationLocation scaleQuantitative EffectsSource

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 Company determined that continued participation was not necessarily conducive to maximizing business value, for the following reasons: RS5614 was excluded from the current award category (TOP10) because it is an unapproved drug, and was considered different from the existing therapies that are the competition's primary focus; the conditions relating to data ownership, licensing, the 10-year contract, and future research and commercial use upon continued participation as a finalist could hinder the business; and, given RS5614's advantages as a novel pharmaceutical drug substance, continued participation was not necessarily considered to maximize business value.

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Notice Regarding Withdrawal from XPRIZE Healthspan | Renascience Inc. (4889) timely disclosure | Komori