MediGene AG

ots Ad hoc-Service: MediGene AG MediGene AG Acquires NeuroVir Therapeutics, Inc.

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Munich (ots Ad hoc-Service) - MediGene Aktiengesellschaft Gesellschaft für molekularbiologische Kardiologie und Onkologie ("MediGene") and NeuroVir Therapeutics, Inc. ("NeuroVir") have signed an agreement under which NeuroVir would become a wholly-owned subsidiary of MediGene. Consummation of the transaction is subject to a series of conditions, including the vote of NeuroVir shareholders, regulatory approvals and an independent examination of the agreed economic exchange. NeuroVir, a privately-owned Delaware corporation with its principal place of business in San Diego. California/USA, is a development-stage biotech company with herpes simplex virus technologies for the potential treatment of tumors and for gene delivery. It has two product candidates in clinical trials. MediGene has agreed to issue with an exclusion of pre-emptive rights of existing shareholders between 996,631 and 1,009,999 new MediGene shares to NeuroVir shareholders against a capital contribution of all outstanding shares, options and warrants of NeuroVir.

    This ad hoc news release contains forward-looking statements that involve risks and uncertainties. The forward-looking statements contained herein represent the judgement of MediGene and NeuroVir as of the date of this release. These forward looking statements are not guarantees for future performance, and the forward- looking events discussed in this press release may not occur. MediGene and NeuroVir disclaim any intent or obligation to update any of these forward- looking statements.

    For further information please contact:

    MediGene AG Angelika Heinz, VP, Head of Finance Phone: ++49 - 89 - 89 56 32-0 Christine Bohner, Public Relations Officer Phone: ++49 - 89 - 89 56 32-16 email: URL:

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