YEAR-END REPORT 2015

THE FULL YEAR AND THE FOURTH QUARTER

  · Net sales increased to MSEK 69.1 (30.1), whereof the fourth quarter MSEK
57.4 (8.1)
  · Net loss was MSEK -78.2 (-59.3), whereof the fourth quarter MSEK -24.7 (
-21.8)
  · Loss per share was SEK-1.57 (-1.60), whereof the fourth quarter SEK -0.49 (
-0.59)
  · Cash flow from operating activities was MSEK 73.8 (-46.3), whereof the
fourth quarter MSEK 120.5 (-10.7)
  · Cash and cash equivalents at the end of the period totalled MSEK 76.4 (51.6)
  · Acquisition of the companies Tanomed AB, Apropharm AS/DNE Sverige AB,
Swereco Group and MedCore AB and the brand Allevo.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  · The Board of Directors proposes a rights issue of approx. MSEK 250.
Underwriting agreements have been obtained for 100 per cent of the issue, of
which Chairman Anders Lönner underwrites over 97 per cent.
  · The Board of Directors proposes that the parent company changes name to Karo
Pharma AB

CONFERENCE CALL / AUDIOCAST TODAY AT 10.00 A.M. CET
A presentation of the report (in Swedish) will take place today at 10 a.m. The
presentation and slides are available through the corporate website
www.karobio.se or by telephone +468 56 642 701. Questions may be submitted over
the internet or by the telephone.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Henrik Palm, CFO, +46 8 608 6076, +46 70 540 4014 or henrik.palm@karobio.se

ABOUT KARO BIO
Karo Bio is a healthcare company that develops and markets products to
pharmacies and directly to healthcare providers. The share is listed on Nasdaq
Stockholm.
The information in this report is such that Karo Bio is required to disclose
under the Swedish Securities Market Act. The information was disclosed on
February 12, 2016 at 8.30 a.m. CET.