NEW PARTNER FOR MIV-210

NEW PARTNER FOR MIV-210

Medivir AB (OMX Nordic list: MVIR B) has today entered a licensing agreement
with the Chinese pharmaceutical company Hainan Noken Pharmaceutical Industry Ltd
in relation to the antiviral compound MIV-210.
MIV-210 is a polymerase inhibitor and belongs to the group of projects which is
administered by subsidiary Medivir HIV Franchise AB.
Noken intends to develop MIV-210 to a pharmaceutical for the treatment of
Hepatitis B Virus (HBV). An estimated 120 million Chinese are chronically
infected with HBV and 30 million of these are at risk of the disease escalating
to liver cancer and cirrhosis. The value of HBV drugs sold on the Chinese market
was in excess of USD 1 billion in 2005.
The licensing rights awarded to Noken provide for Noken assuming operational and
financial responsibility for the clinical trials which will be required for
registration of the ultimately developed drug. Noken has marketing rights for
MIV-210 in China, Hong Kong, Taiwan, Macao, Singapore, Japan, South Korea and
Australia. Medivir retains marketing rights in other parts of the world. During
the pharmaceutical development of MIV-210 Medivir may earn USD 7 million in
milestone payments. Medivir is further entitled to a double-digit royalty on
Noken's future sales."MIV-210 has demonstrated very high potency against HBV in preclinical trials to
date, and showed good pharmacokinetic properties in phase I clinical trials. It
furthermore shows an additive effect when combined with those drugs currently
marketed for HBV" stated Professor Bo Öberg, CEO of Medivir HIV Franchise AB."In-licensing of MIV-210 is strategically important for the rapidly growing
Noken Pharmaceutical", says Xu Ying-Ting, CEO and Member of the Board of Hainan
Noken Pharmaceutical Industry Ltd.
For additional information, please contact
Rein Piir, CFO & VP Investor Relations, Medivir AB +46 8 5468 3123 
or +46 708 537 292.
For further information on Medivir, please see our website: www.medivir.se


About Hainan Noken Pharmaceutical Industry Ltd 
Noken currently has 20 sales offices, covering all 31 provinces in China and
interacts with over 2000 of the largest and most important hospitals. There are
presently over 20 projects in the R&D pipeline.