PRESS RELEASE | Basel, Switzerland, July 15, 2020

Versameb AG, a biopharmaceutical company developing innovative ribonucleic acid (RNA) therapeutics, announced today the closing of a CHF 6 million seed financing round. Versameb further strengthens its team by the appointment of Dr. Klaas P. Zuideveld as Chief Development Officer effective May 1 to advance its lead molecule into clinical development. Versameb is engaged in the discovery and development of next-generation RNA-based drugs using its proprietary VERSagile technology platform.