Medivir’s CEO Increases His Shareholding in the Company

Regulatory News:

Medivir AB (STO:MVIRB) announces that the company’s CEO, Niklas Prager, has bought 23,600 class B shares in Medivir at an acquisition price of approximately SEK 2.1 million. The share purchase has occurred within the framework of an insurance arrangement and will consequently be made public through this press release and not be reported to the Swedish Financial Supervisory Authority’s insider register.

About Medivir

Medivir is an emerging and profitable research-based pharmaceutical company with an established marketing and sales organisation in the Nordic region with a broad portfolio of prescription pharmaceuticals. Medivir receives royalties from Johnson & Johnson on the global sales of the hepatitis C pharmaceutical, OLYSIO®. In addition, revenues for sales of OLYSIO in the Nordic region are generated through the company’s own sales and marketing organisation. Medivir’s research and development portfolio of pharmaceuticals is based on the company’s expertise within protease inhibitor design and nucleoside/nucleotide science. The company’s research and development focus is within infectious diseases and oncology and the on-going clinical projects in osteoarthritis and neuropathic pain. Medivir is listed on the Nasdaq Stockholm Mid Cap List.

This information was brought to you by Cision http://news.cision.com