Republishing of: NextCell announces strategic collaboration with FUJIFILM Biosciences

July 3, 2025

NextCell Pharma AB’s ("NextCell" or "the Company") has entered into a strategic collaboration with FUJIFILM Biosciences Inc. to bring together their core competences in mesenchymal stromal cells (MSCs) and raw materials for the life science sector. The aim of the collaboration is to provide researchers and developers in the cell therapy field with an integrated offering – standardised MSC products, optimised culture media, and cryopreservation solutions.

As part of the rebranding of Fujifilm Irvine Scientific to FUJIFILM Biosciences, we are re-publishing the press release originally issued on May 20th to keep our stakeholders informed of the updates. The updated version incorporates Fujifilm’s new name and includes minor adjustments to the content, reflecting the company’s expanded vision within the life sciences sector. This collaboration marks an important milestone for NextCell, and we are excited to continue our collaboration with FUJIFILM Biosciences, a recognised global leader in providing life science solutions.

This re-release also emphasises our shared commitment to accelerating the development of innovative therapies through enhanced collaboration and streamlined workflows. Together, we are providing researchers and developers with reliable reference materials and solutions for MSC culture and cryopreservation. As always, we remain committed to keeping our investors and the wider community updated with the latest developments and ensuring transparency as we move forward.

In 2024, NextCell Pharma AB expanded its portfolio by developing a research-use-only umbilical cord MSC product, manufactured using proprietary in-house expertise for the commercial market. Building on this progress, the company is now initiating a collaboration with FUJIFILM Biosciences Inc. to combine this cell product with established FUJIFILM Biosciences’ PRIME-XV MSC media and cryopreservation product lines.

“FUJIFILM Biosciences is pleased about this collaboration with NextCell Pharma AB and providing life science solutions that solve some of the challenges many researchers and developers face in making new cell therapies more accessible to patients,” commented Yutaka Yamaguchi, Chairman and Chief Executive Officer, FUJIFILM Biosciences. “We all have an important role to play in bringing faster, more efficient options to patients who need those most.”

FUJIFILM Biosciences is a global leader in the development of cell culture solutions for the life science and medical markets. With over 50 years of industry experience, FUJIFILM Biosciences is recognised for its innovation and commitment to advancing areas such as cell and gene therapy.

This joint offering is expected to provide researchers and industry stakeholders with:

Standardised, high-quality MSC reference material
Optimised media and cryopreservation solutions for MSC culture and cold storage
A reliable reference system for the development and validation of new therapies

This collaboration offers an accelerated, reliable workflow solution coupled with ready-to-use reference source materials and validation, targeted at accelerating crucial steps in the research and development phase and reducing barriers in scaling MSC expansion for therapeutic development.

“We have worked closely together to develop this business relationship and are proud to be able to announce this new opportunity to our shareholders,” said Dr. Lindsay Davies, Chief Scientific Officer at NextCell Pharma AB.

Mathias Svahn, Chief Executive Officer, NextCell Pharma AB added, “This is a new business venture for NextCell Pharma AB, and we are excited to collaborate with FUJIFILM Biosciences, combining our expertise to build a strong partnership for the future.”

About NextCell Pharma AB

NextCell is a cell therapy company in Phase II trials with the drug candidate ProTrans for the treatment of type 1 diabetes. The focus is to obtain market approval of ProTrans via a phase III trial. In addition to type 1 diabetes. NextCell owns Cellaviva AB, Scandinavia’s largest private stem cell bank licensed by the Swedish Health Authority (IVO) to preserve and store stem cells from umbilical cord blood and umbilical cord tissue for family use. NextCell also owns QVance which will offer quality control analytics for advanced therapy developers. Furthermore, NextCell owns 8.5% in FamicordTX, a CAR-T start-up in oncology.

FUJIFILM Biosciences

With a foundation in cell culture that dates back to 1970, FUJIFILM Biosciences is a global, full spectrum supplier to the life sciences market, providing products and services that assist customers in advancing healthcare initiatives. With an expanding portfolio of applications supported that include life science and discovery research, cell and gene therapy, as well as the large-scale production of biotherapeutics and vaccines, the Company is trusted by researchers and manufacturers worldwide. For over 50 years, FUJIFILM Biosciences’ Mission has been to empower all who bring medicines and treatments to life with unmatched quality and responsiveness in its products and custom solutions, providing customers with the vital resources needed to enrich human lives through innovative, accessible therapies. The Company’s facilities adhere to both ISO and FDA regulations, with manufacturing facilities that follow cGMP guidelines in the USA, Japan, and the Netherlands, and a media optimisation centre in China. All sites prioritise strategies that adhere to the FUJIFILM Sustainability Value Plan 2030 for sustainable growth. FUJIFILM Biosciences is a subsidiary of FUJIFILM Holdings America Corporation reporting to FUJIFILM Holdings Corporation.

For more information, please visit: fujifilmbiosciences.fujifilm.com

Media Contacts:

NextCell Pharma AB
Mathias Svahn, CEO
Patrik Fagerholm, CFO
Tel: +46 8 735 55 95
E-mail: info@nextcellpharma.com
Website:www.nextcellpharma.com

Fujifilm Biosciences
Lori Serles
Phone: (949) 261-7800
Email: lori.serles@fujifilm.com

For more information about Cellaviva, please contact
Sofie Falk Jansson, CEO Cellaviva AB
Tel: +46 8 735 20 10
E-mail: info@cellaviva.se
Website:www.cellaviva.se

Facebook: https://www.facebook.com/cellavivasverige
Instagram: https://www,instagram.com/cellaviva

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The company's shares are listed on the Nasdaq First North Growth Market.
RedEye AB is assigned as Certified Adviser.

About NextCell Pharma AB
NextCell Pharma is a clinical-stage cell therapy company developing ProTrans, a patent-protected platform based on allogeneic mesenchymal stromal cells (MSCs) from umbilical cord tissue. Using a proprietary selection algorithm, ProTrans delivers optimised cell tailored to specific indications. In type 1 diabetes, a single infusion has been shown to preserve insulin production and delay disease progression for at least five years. A Phase III trial is planned to commence upon securing a commercial partner. ProTrans is also being evaluated for other autoimmune and inflammatory conditions. NextCell’s subsidiaries include Cellaviva, Scandinavia’s largest private stem cell bank, and QVance, the Nordic region’s first dedicated provider of quality services for developers of advanced therapies.

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THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG, BELARUS, RUSSIA OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLISHING OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED BY SWEDISH LAW. SEE SECTION ”IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. NextCell Pharma AB (publ) ("NextCell" or the "Company") announces that the Company has agreed to a so-called top guarantee of a total of approximately SEK 8.0 million, corresponding to approximately 20.0 percent of the transaction, from qualified investors in the Company's ongoing rights issue of units of up to approximately SEK 40.1 million before issue costs, in which the subscription period commenced on 31 May 2024 (the "Rights Issue"). With the addition of the top guarantee, the Rights Issue is now covered up to approximately 100 percent by subscription undertakings and guarantee commitments.

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THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG, BELARUS, RUSSIA OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLISHING OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED BY SWEDISH LAW. SEE SECTION ”IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. NextCell Pharma AB (publ) (”NextCell” or the “Company”) has prepared an EU Growth prospectus (the “Prospectus”) in connection with the Company’s forthcoming issue of units consisting of shares and warrants with preferential rights for existing shareholders (the “Rights Issue”), which was resolved by the Board of Directors on 24 April 2024 and approved by the Extraordinary General Meeting on 27 May 2024.

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