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Medivir AB (MVIRb.ST)

MVIRb.ST on Stockholm Stock Exchange

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Medivir says completes transition of commercial products
Thursday, 16 Mar 2017 03:30am EDT 

Medivir : Medivir completes transition of commercial products to fully focus on research and development . Says has come to agreement with Janssen to outlicense commercial rights to nordics for simeprevir and future simeprevir containing products . Medivir will receive royalties on sales of all simeprevir containing products in the Nordics, as it already does in the rest of the world, and additional performance based milestones totaling up to approximately 6 MEUR based on certain sales targets for the Nordics of a combination product containing simeprevir .Additionally, Medivir has returned the commercial rights to Adasuve in the Nordic region to Ferrer, the market authorization holder of that product.  Full Article

Medivir says executive management team members increase holdings
Friday, 17 Feb 2017 07:15am EST 

Medivir : Executive management team members increase their holdings in Medivir . Says departing CEO Niklas Prager, CEO designate Christine Lind and CFO Ola Burmark today have bought a total of 16.500 shares in Medivir .Says purchase was made simultaneously with their sale of a total of 52.101 redemption rights, which were received in connection with ongoing voluntary redemption program.  Full Article

Medivir Q4 loss after tax widens
Friday, 17 Feb 2017 02:30am EST 

Medivir : Q4 net turnover for continuing operations totalled SEK 9.9 million (34.5 m), SEK 5.6 million (31.1 m) of which comprised royalties for Simeprevir . Q4 profit after tax for continuing operations was SEK -121.3 million (-56.9 m) .Says we also reorganised company's early stage research and administrative functions during quarter. It is estimated that this will give annual savings totalling approximately SEK 110 million.  Full Article

Medivir says EGM backs redemption programme
Thursday, 2 Feb 2017 09:48am EST 

Medivir Ab : Medivir says egm resolved on a voluntary redemption programme comprising reduction of share capital for repayment to shareholders and bonus issue without issuance of new shares . redemption programme will be effected by redemption of a maximum of 6,738,655 shares, whereof 151,589 series A shares and 6,587,066 series B shares . The company shall pay an amount of SEK 129 for each share redeemed .The reduction is made by way of repayment to the shareholders with a maximum amount of SEK 869,286,495..  Full Article

Medivir continues osteoarthritis trial after third review
Thursday, 8 Dec 2016 02:30am EST 

Medivir Ab : Medivir says MIV-711 osteoarthritis trial: successful third independent review of safety data and trial continues without any modifications .Says it is expected that data from MIV-711-201 will be available in the third quarter of 2017 and that data from the extension study will be available in the first half of 2018.  Full Article

Medivir says phase IIa data shows high level of efficacy for liver drugs
Friday, 23 Sep 2016 11:56am EDT 

Medivir Ab Updated interim phase IIa data demonstrate that the combination of simeprevir, odalasvir and AL-335 has a high level of efficacy in HCV patients:.  Full Article

Medivir: recommendation to go ahead in MIV-711 osteoarthritis trial
Friday, 23 Sep 2016 02:30am EDT 

Medivir Ab : MIV-711 osteoarthritis trial: recommendation to go ahead based on independent review of safety data, and first patient enrolled in extension study . It is expected that data from MIV-711-201 will be available in the second half of 2017 and that data from the extension study will be available in the first half of 2018 Further company coverage: [MVIRb.ST].  Full Article

Medivir to split company before year-end
Wednesday, 31 Aug 2016 02:35am EDT 

Medivir : Says proceeds with a separation of the company's operations . Says board's target timing is that a separation of Medivir's operations into a dedicated research and development company and a commercial pharmaceutical company should be completed before year-end . Says intent to obtain a separate listing on First North Premium for the new commercial company based on Medivir's current pharmaceutical portfolio For the original story click here: http://mb.cision.com/Main/652/2068211/555313.pdf Further company coverage: [MVIRb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Medivir licenses rights to MIV-802 to Trek Therapeutics
Wednesday, 17 Aug 2016 02:55am EDT 

Medivir : Medivir licenses rights to MIV-802 to trek therapeutics . Says Medivir is entitled to receive milestones based on successful clinical development and royalties capped at a mid-teens percentage upon commercialization of MIV-802 containing products . Says BioPhausia, a subsidiary of Medivir, is granted options to commercialize MIV-802 containing products in the Nordics and certain Western European countries . Says other terms of the transaction were not disclosed. .MIV-802 is under development for the treatment of hepatitis C virus (HCV) infection.  Full Article

Medivir swings to Q2 loss, sales fall
Wednesday, 17 Aug 2016 02:30am EDT 

Medivir : Q2 net turnover totalled SEK 81.3 million (245.8 m), of which SEK 24.2 million (165.6 m) comprised royalties for simeprevir .Q2 profit after tax was SEK -39.8 mln (64.1 m).  Full Article

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BRIEF-Medivir says executive management team members increase holdings

* Executive management team members increase their holdings in Medivir