Elanix Biotechnologies : starts due diligence to acquire a fetal progenitor bone cell line within a capital increasse by way of contribution in kind - 22.08.2017

Elanix Biotechnologies AG

WKN: AOWMJQ ISIN: DEOOOAOWMJQ4 Land: Deutschland

Nachricht vom 22.08.2017 I 14:23

Elanix Biotechnologies AG I Key word{s): Capital Increase

22-Aug-20 17 / 14:23 CET/CEST

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The issuer is solely responsible for the content of this announcement.

Berlin, 22 August 2017 - The CEO of Elanix Biotechnologies AG {"company", "Elanix", FRA: ELN) strives to fully acquire Swiss Inna 4 Cell AG within a capital increase, by way of contribution in kind ("transaction") using the existing Authorized Capital. Inna 4 Cell AG owns a fetal progenitor bone cell line developed by Prof. Lee Ann Laurent Applegate in the context of long­ term research work and which would further strengthen the company's product portfolio. In addition to increasing synergies in product development, as a result of the transaction, Elanix expects to offer international licensing agreements to a greater extent in the future.

The transaction is scheduled to be executed at the earliest after the capital increase for cash as to be resolved next AGM {24 August 2017) and is, amongst other things, subject to successful due diligence at Inno 4 Cell AG. Following today's fundamental agreement, Elanix will continue negotiations with the management of Inna 4 Cell AG in order to determine further details of the transaction, in particular on the value of the contribution in kind, which shall be determined by an external valuation.

The company will disclose further details in due course. Tomas Svoboda

CEO

Investore.relations@elanix-bt.com

About Elanix

Elanix Biotechnologies AG (FRA: ELN) develops and commercializes tissue regeneration products for acute wound care, dermatological and gynecological applications, and provides services in cell technologies. The company was founded in 2012 as a spin-out from the University Hospital of Lausanne (CHUV) , Switzerland, to commercialize a patented human progenitor cell technology. Progenitor cells are fully differentiated yet immunologically neutral cells that are very potent inducers of tissue growth and healing . Elanix owns GMP certified Master and Working human cell banks with vast quantities of cells.

Elanix is headquartered in Nyon, Switzerland, with its registered office in Potsdam, Germany, and listed on the Frankfurt Stock Exchange under the symbol ELN. For more information, visit www.elanixbiotechnologies.com .

Disclaimer I Forward-looking statements

This publication may contain certain forward-looking statements concerning the Company and its business. Such statements involve certain risks, uncertainties and other factors which could cause the actual results, financial condition, performance or achievements of the Company to be materially different from those expressed or implied by such statements. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. The Company disclaims any obligation to update these forward­ looking statements.

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Language: English

Company: Elanix Biotechnologies AG Domstr. 22

14482 Potsdam Germany

!SIN:

WKN:

DEO OOAOWMJQ4 AOWMJQ

Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf

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