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     101  0 Kommentare Xlife Sciences AG Reports Strong Portfolio Growth and Strategic Advances in the 2023 Valuation Report

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    • Xlife Sciences AG reports strong portfolio growth in 2023 Valuation Report.
    • Portfolio valued between CHF 611.7 million and CHF 747.8 million.
    • Focus on early stage projects creates leverage for shareholders.

    Xlife Sciences AG / Key word(s): Market Report/Study results
    Xlife Sciences AG Reports Strong Portfolio Growth and Strategic Advances in the 2023 Valuation Report

    30-Apr-2024 / 07:00 CET/CEST
    Release of an ad hoc announcement pursuant to Art. 53 LR
    The issuer is solely responsible for the content of this announcement.


    Zurich, 30st of April 2024: Xlife Sciences AG (SIX: XLS) released the 2023 Valuation Report today, which assesses the company's portfolio as of the end of 2023. The evaluation was conducted by the independent consulting firm CYLAD Experts and covers 18 of the total 25 project companies of Xlife Sciences1. The assessment is primarily based on the risk-adjusted net present value (rNPV), commonly used in the life sciences industry. The main parameters of the valuation process are the cost of capital and the development risks of the involved project companies.

    The 2023 Valuation Report values Xlife Sciences' portfolio as of December 31, 2023, in a range between CHF 611.7 million (previous year: CHF 576 million) and CHF 747.8 million (previous year: CHF 704.5 million).

    • The six project companies alytas therapeutics GmbH, Veraxa Biotech AG, inflamed pharma GmbH, Inventum Genetics GmbH, FUSE-AI GmbH, and 4D Lifetec AG account for 84 percent of this portfolio value.
    • The «Biotechnology/Therapies» sector contributes 55 percent of the portfolio value, while the «Technology Platforms» sector accounts for 28 percent.
    • 70 percent of the evaluated portfolio is in the «Proof of Concept» phase, with an additional 20 percent in the clinical development phase.

    Oliver R. Baumann, CEO of Xlife Sciences, states: «The 2023 Valuation Report confirms and underscores the long term portfolio potential of Xlife Sciences. It demonstrates that our focus on projects in an early to very early stage depending on the future success of the individual project companies - can create significant leverage for our shareholders.»

    The complete 2023 Valuation Report from Xlife Sciences is available for download at https://www.xlifesciences.ch/en/news-and-key-figures in the «Financial Reports» section.

    Contact
    Information for investors and journalists: Xlife Sciences AG, Dr. Dennis Fink, dennis.fink@xlifesciences.ch

    Xlife Sciences AG, 
    Talacker 35, 
    8001 Zurich, 
    Switzerland,
    Phone +41 44 385 84 60
    info@xlifesciences.ch, www.xlifesciences.ch
    Commercial Register Zurich CHE-330.279.788 
    Stock Exchange: SIX Swiss Exchange


    News Source: Xlife Sciences AG


    End of Inside Information
    Language: English
    Company: Xlife Sciences AG
    Talacker 35
    8001 Zürich
    Switzerland
    Phone: +41 44 385 84 60
    E-mail: info@xlifesciences.ch
    Internet: www.xlifesciences.ch
    ISIN: CH0461929603
    Valor: A2PK6Z
    Listed: SIX Swiss Exchange
    EQS News ID: 1892329

     
    End of Announcement EQS News Service

    1892329  30-Apr-2024 CET/CEST

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