ObsEva Reports First Quarter 2017 Financial Results and Business Update

Geneva, Switzerland and Boston, MA - May 18, 2017 - ObsEva SA (NASDAQ: OBSV), a clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, today reported financial results for the first quarter ended March 31, 2017 and provided a business update outlining recent corporate progress.

“The first quarter was a transformational time for ObsEva, as we set our sights on becoming a leader in women’s health medicine. In addition to completing our initial public offering we have made substantial progress within all three of our clinical programs,” said Ernest Loumaye, Chief Executive Officer of ObsEva. “We are currently enrolling patients for the EDELWEISS trial, the PRIMROSE trials, and the IMPLANT 2 trial, and look forward to completing the enrollment for both the EDELWEISS trial and the IMPLANT 2 trial later in the year. In addition, we announced today the completion of a Phase 1 drug-drug interaction study with OBE022 and standard of care drugs used for treatment of preterm labor. We are continuing to build our team and capabilities and look forward to expanding our presence in our new Boston office.”

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