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Xlife Sciences AG Completes Strategic Review Process by Q3 2024

Xlife Sciences AG (SIX: XLS) announced the completion of its strategic review process as of September 2, 2024. The task now is to implement the process, with shareholders to be informed of the next steps by September 30, 2024.

The review process was influenced by the diversity and size of the company's portfolio and the variety of possible deal structures. Xlife Sciences AG appreciates the support from external partners during this period.

David L. Deck, Chairman of the Board of Directors, stated that the strategy resulting from the review presents the best option for long-term success and value creation. The Board believes this path holds the greatest potential for the company’s future.

R. E.

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