Release No 13/2010
Affitech Change in Ownership
Copenhagen and Oslo, April 26, 2010
Affitech A/S, (NASDAQ OMX: AFFI), the antibody medicines company, today
announced that it has been advised by Verdane Capital
IV TWIN AS, Verdane Private Equity AS and Teknoinvest VII KS, shareholders in
Affitech A/S, that their ownership of Affitech A/S has now been reduced below 5%
of the outstanding share capital.
The company has one share class.
For more information please contact:
Affitech A/S:
Dr Robert Burns, Chief Executive Officer
Tel # +45 50 99 76 42
Randi Krogsgaard, Corporate Communications
Tel # +45 2320 1001
About Affitech
Affitech AS is a publicly traded (NASDAG OMX Copenhagen) human therapeutic
antibody company headquartered in Copenhagen, Denmark with R&D facilities in
Oslo, Norway. The company utilizes a range of proprietary antibody technologies
for the discovery of fully human antibodies for application in oncology,
inflammation and other disease areas. CBAS™ (Cell Based Antibody Selection) is
Affitech's premier discovery engine for the isolation of lead antibodies to cell
surface molecules in situ. Several of the Company's proprietary product
candidates were generated by CBAS™. Further information is available at
www.affitech.com.
Disclaimer
This news release contains forward-looking statements and forecasts
based on uncertainty, since they relate to events and depend on circumstances
that will occur in the future and which, by their nature, will have an impact on
results of the financial condition and operations of Affitech A/S. There are
many factors that could cause actual results and developments to differ
materially from those expressed or implied by these forward-looking statements
and forecasts. These factors include, among other things, risks associated with
technological development, the risk that research & development will not yield
new products that achieve commercial success, the impact of competition, the
ability to transact viable and profitable commercial deals, the risk of
non-approval of patents not yet granted, and difficulties of obtaining relevant
governmental approvals for new products.
No expressed or implied representations or warranties are given concerning
Affitech A/S or the accuracy or completeness of the information provided herein,
and no claims shall be made by the recipient of this news release by virtue of
the information contained herein.