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RNS Number : 8207U Genflow Biosciences PLC 02 March 2026
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION
(EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN
UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS
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CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Genflow Biosciences Plc
Receipt of First Tranche of €4 Million Non-Dilutive Funding from Wallonia
Region for GF-1002 Development
Genflow Biosciences Plc (LSE:GENF) (OTCQB:GENFF) ("Genflow" or "the Company"),
a leading European-based biotechnology company focusing on longevity, is
pleased to confirm receipt of the first instalment of €336,467 of the
previously announced €4 million non-dilutive grant awarded by the Wallonia
Region of Belgium, (see RNS dated 22 October, 2024 here
(https://www.londonstockexchange.com/news-article/GENF/genflow-secures-non-dilutive-financial-support/16725188)
.)
The support package spans a three-year development programme and is aligned
with Genflow's existing roadmap for GF-1002 in MASH.
The grant will support the continued development of the Company's lead gene
therapy candidate, GF-1002, with further instalments expected to be received
in accordance with the agreed milestone and disbursement schedule. The first
instalment has been received and will be applied toward eligible
project-related activities.
Dr. Eric Leire, CEO of Genflow, commented: "We are pleased to confirm receipt
of the first instalment under the €4 million Wallonia Region grant. This
initial funding supports the continued advancement of GF-1002 in MASH and
strengthens our ability to execute against planned development milestones. We
look forward to progressing the programme and receiving subsequent instalments
in line with the agreed framework."
Contacts
Genflow Biosciences Harbor Access
Dr Eric Leire, CEO Jonathan Paterson, Investor Relations
+32-477-495-881 +1 475 477 9401
Jonathan.Paterson@Harbor-access.com
About Genflow Biosciences
Founded in 2020, Genflow Biosciences Plc. (LSE:GENF) (OTCQB:GENFF), a
biotechnology company headquartered in the UK with R&D facilities in
Belgium, is pioneering gene therapies to decelerate the aging process, with
the goal of promoting longer and healthier lives while mitigating the
financial, emotional, and social impacts of a fast-growing aging global
population. Genflow's lead compound, GF-1002, delivers a proprietary
centenarian variant of the SIRT6 gene. The therapy is currently being
evaluated in the Company's randomised, blinded SLAB (Sarcopenia and Longevity
in Aged Beagles) study in dogs aged over 10 years, which commenced in March
2025. Preliminary interim results demonstrated improved survival versus
control during the dosing period, alongside favourable safety and tolerability
and positive trends across functional endpoints including muscle mass
preservation, frailty reduction and quality of life. Other programs include a
clinical trial that will explore the potential benefits of GF-1002 in treating
MASH (Metabolic Dysfunction-Associated Steatohepatitis), the most prevalent
chronic liver disease for which there is no effective treatments. Please visit
www.genflowbio.com (http://www.genflowbio.com) and follow the Company on
LinkedIn
(https://www.linkedin.com/company/genflow-biosciences/?viewAsMember=true) and
X (https://x.com/genflowbio) .
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