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License-Out

License Agreement Has Been Entered with Elpis Biomed Limited

We have executed a non-exclusive license agreement with Elpis Biomed Limited, under which Elpis generates iPS cell-derived, differentiated human cell types for research using its proprietary technology. We have granted Elpis a commercial license with regards to the patents covering the iPS cells technology that have been granted a sublicensing right to us by Kyoto University.

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