HUDDINGE, Sweden, April 22, 2004 (PRIMEZONE) -- The Board of Medivir AB decided on 15 March 2004 to conduct a new share issue of approximately SEK 322m. The decision is conditional on approval by the shareholders' meeting.
-- A candidate drug was selected in the Cathepsin S research program against autoimmune disorders at the end of March.
-- An EU patent was granted in late March on Medivir's herpes project ME-609.
-- One more program, HCV polymerase in Medivir's preclinical research, has reached project status in the quarter.
-- Net sales amounted to SEK 4.9 (43.4 including CCS and 1.5 excluding CCS) m in the period.
-- The loss after tax was SEK -45.3 (-38.6 incl. CCS and -47.1 excl. CCS) m. Earnings per share were SEK -5.27 (-4.50).
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-0- Rein Piir, CFO and VP, Investor Relations +46 (0)8 546 83100 +46 (0)70 853 7292