5. Segment reporting

Management has identified one single operating segment, related to the discovery, development and commercialization of small-molecule pharmaceutical products.

Information about products, services and major customers

External income of the Group is derived from the business of discovery, development and commercialization of pharmaceutical products. Income primarily relates to research services provided to a pharmaceutical company and the fair value of services received from Neurosterix’s Group at zero cost.

Information about geographical areas

External income is exclusively recorded in the Swiss operating company.

Analysis of revenue from contract with customer and other income by nature is detailed as follows:

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Analysis of other income by major counterparties is detailed as follows:

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For more detail, refer to note 17 “Other income”.

The geographical allocation of long-lived assets is detailed as follows:

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The geographical analysis of operating costs is as follows:

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The capital expenditure during the three-month and six-month periods ended June 30, 2025 and 2026 is nil.