Announcement of Capital and Business Alliance with Revorf Co., Ltd

ZACROS Corporation, announce the investment of 49.98 million yen in the biotech startup Revorf Co., Ltd. (hereinafter referred to as “Revorf”) through a third-party allocation of shares on October 30, in order to accelerate the expansion of its medium- to long-term growing project of cell culture contract manufacturing business. Through this capital and business alliance, ZACROS will develop an efficient manufacturing process for neoself antigen-expressing cells, utilized by Revorf for its testing method, and undertake their commercial production.

■Overview of the Investee Company
(1)Company Name: Revorf Co., Ltd.
(2)Location: 2-1-17 Nihonbashi, Chuo-ku, Tokyo
(3)Established: November 2019
(4)Representative: Shinichi Sueda (CEO)
(5)Business Description: Development of diagnostic and therapeutic agents for autoimmune diseases
              Development of diagnostic and therapeutic agents for infectious diseases
(6)URL:https://www.revorf.jp/

This strategic partnership will create synergies leveraging the strengths of both companies, therefore contributing to the advancement of medical technology.

Please refer to the news release for more details.