Active Biotech AB Interim report January - June 2010

LUND, SWEDEN--(Marketwire - August 11, 2010) -


· Laquinimod - Phase III trials proceeding as planned

· TASQ - final Phase II data presented at ASCO. Phase III preparations proceeding on schedule

· ANYARA - article published in Journal of Immunotherapy

· 57-57 - exploratory clinical trial under way. Development for treatment of orphan drug indication (systemic sclerosis/scleroderma) initiated

· ISI - project continuing according to plan

· RhuDex™ - preclinical studies completed during the year

· Net sales of SEK 6.1 M (5.2)

· Operating loss of SEK 102.4 M (loss: 118.5)

· Loss after tax SEK 108.3 M (loss: 118.6)

· Loss per share for the period amounted to SEK 1.67 (loss: 2.22)

· The company received approximately SEK 149 M from a directed share issue, cash and cash equivalents at the end of the period amounted to SEK 235 M

For further information, please contact: Tomas Leanderson President and CEO Tel: +46 (0)46-19 20 95 Göran Forsberg VP Investor Relations & Business Development Tel: +46 (0)46-19 11 54 Hans Kolam CFO Tel: +46 (0)46-19 20 44 Active Biotech AB (Corp. Reg. No. 556223-9227) PO Box 724, SE-220 07 Lund Tel: +46 (0)46-19 20 00 Fax: +46 (0)46-19 11 00 

This report is also available at www.activebiotech.com

[HUG#1436937]

Active Biotech AB Interim report January - June 2010: http://hugin.info/1002/R/1436937/381820.pdf

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Source: Active Biotech via Thomson Reuters ONE

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