Active Biotech AB Interim Report January - March 2012

LUND, SWEDEN--(Marketwire - April 26, 2012) -

  * Laquinimod - submission of application for regulatory approval in the
                 EU planned for second half of 2012
               - Phase III data presented at the Annual Meeting of the
                 American Academy of Neurology (AAN)

  * TASQ       - a Phase I investigator-sponsored clinical trial is
                 under way
               - enrolment of patients to Phase III study proceeding
                 according to schedule

  * ANYARA     - Phase III trial continuing according to plan

  * 57-57      - a clinical trial in systemic sclerosis/scleroderma
                 in progress

  * ISI        - project is proceeding as planned

  * Net sales SEK 2.6 M (2.7)

  * Operating loss SEK 100.7 M (loss: 70.9)

  * Net loss SEK 99.0 M (loss: 69.3 )

  * Loss per share for the period was SEK 1.44 (loss: 1.02)

This report is also available at www.activebiotech.com

Active Biotech AB Interim report January - March 2012: http://hugin.info/1002/R/1605995/508858.pdf

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Source: Active Biotech via Thomson Reuters ONE [HUG#1605995]