Saniona AB: Saniona's tesofensine partner, Medix, files application for Phase 3 clinical trials in obesity

PRESS RELEASE

December 21, 2016

Saniona, a leading biotech company in the field of ion channels, today announces that Productos Medix, S.A de S.V (Medix) has filed a clinical trial application in Mexico for the initiation of a Phase 3 study for tesofensine in obese Mexican patients.

"We are looking forward to initiate this Phase 3 clinical trial for tesofensine, which has shown outstanding efficacy and good tolerability in Phase 2 clinical trials for a severe health problem in Mexico. We have submitted a protocol for review by the authorities. The protocol and documentation will be reviewed in the near future together with the authorities to ensure that the planned study will fulfil the requirement for a market authorisation in Mexico," says Carlos López Patán, CEO of Medix.

"By initiating Phase 3 clinical trial for tesofensine in obesity, Medix may potentially be the first company to introduce one of Saniona`s product candidates to the market. In the medium term, this may lead to a stable income stream to Saniona through royalties on product sales in Mexico and Argentina. Moreover, Saniona will have the exclusive rights to use the clinical data developed by Medix in the rest of world," says Jørgen Drejer, CEO of Saniona.

Medix has ordered the tablets to be used in the study and will file for an import license when the Phase 3 application has been approved by the Mexican authorities.

For more information, please contact

Thomas Feldthus, EVP and CFO, Saniona, Mobile: +45 2210 9957, E-mail: tf@saniona.com

This information is information that Saniona (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on December 21, 2016.

About Saniona

Saniona is a research and development company focused on drugs for diseases of the central nervous system, autoimmune diseases, metabolic diseases and treatment of pain. The company has a significant portfolio of potential drug candidates at pre-clinical and clinical stage. The research is focused on ion channels, which makes up a unique protein class that enables and controls the passage of charged ions across cell membranes. Saniona has ongoing collaboration agreements with Boehringer Ingelheim GmbH, Upsher-Smith Laboratories, Inc., Productos Medix, S.A de S.V and Saniona`s Boston based spinout Ataxion Inc. Saniona is based in Copenhagen, Denmark, where it has a research center of high international standard. Saniona is listed at Nasdaq First North Premier and has about 4,400 shareholders. Pareto Securities is Certified Advisor for Saniona. The company`s share is traded under the ticker SANION. Read more at www.saniona.com.