Bavarian Nordic

2022 - 5 - 23

Capital Increase in Bavarian Nordic A/S as a Result of Employee ... (GlobeNewswire)

COPENHAGEN, Denmark, May 23, 2022 โ€“ Bavarian Nordic A/S (OMX: BAVA) announced today that the Company's share capital has been increased by nominally DKK...

This announcement includes forward-looking statements that involve risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Using our live virus vaccine platform technology, MVA-BNยฎ, we have created a diverse portfolio of proprietary and partnered product candidates designed to save and improve lives by unlocking the power of the immune system, including an Ebola vaccine, which is licensed to the Janssen Pharmaceutical Companies of Johnson & Johnson. We are also committed to the development of a next generation COVID-19 vaccine. We are a global leader in smallpox vaccines and have been a long-term supplier to the U.S. Government of a non-replicating smallpox vaccine, which has been approved by the FDA, also for the protection against monkeypox. The vaccine is approved as a smallpox vaccine in Europe and Canada. Our commercial product portfolio furthermore contains market-leading vaccines against rabies and tick-borne encephalitis. A total of 6,337 new shares were subscribed for in cash at DKK 142.00 per share of nominally DKK 10. The capital increase was effected without any pre-emption rights for the existing shareholders of the Company or others.

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