Interim Report, 1 January – 30 September 2009

• Consolidated net sales were SEK 24.5 (31.9) m. • The loss after tax was SEK -93.0 (-102.4) m. • Earnings per share were SEK -4.46 (-4.91). • Cash flow from operating activities was SEK -104.8 (-30.4) m. • Liquid assets and short-term investments as of 30 September were SEK 176.1 (295.7) m. Third quarter in brief Several significant project events were reported in the quarter. The highlights can be summarized as follows: • FDA approved Lipsovir® with a competitive label for marketing and sales in the US. • At present, two phase IIb trials involving a total of 855 patients are ongoing on TMC435 against hepatitis C. The latter of these trials (C-206) started in September and involves 455 patients that previously did not respond to standard of care (SoC). • Medivir designated another candidate drug (CD), MIV-711 in its osteoporosis portfolio, thus enhancing its commercial opportunities. Ron Long CEO Huddinge, Sweden, 21 October 2009

About Us

Medivir is a pharmaceutical company with a focus on oncology. We have a leading competence within protease inhibitors and nucleotide/nucleoside science and we are dedicated to innovative pharmaceuticals that meet great unmet medical needs. Medivir's clinical pipeline consists of remetinostat for cutaneous T-cell lymphoma, currently in phase II, birinapant in combination with Keytruda for solid tumors, currently in phase I, MIV-818, a nucleotide prodrug drug for liver cancer that recently entered into a phase I clinical trial, and MIV-711, a potentially disease-modifying osteoarthritis candidate drug with fresh and promising data from the recent phase IIa extension study. Medivir is listed on the Nasdaq Stockholm Mid Cap List (ticker: MVIR). www.medivir.com.

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