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                Added 
                  to recently presented data from treatment-naive participants 
                  in the PILLAR 
                  trial, these findings indicate that TMC435 
                  appears to work well for patients with or without prior treatment 
                  failure. Further follow-up is underway to see if viral suppression 
                  will be sustained 6 months after completion of therapy (sustained 
                  virological response, or SVR). Below 
                  is an edited excerpt (including reformatted tables) from a press 
                  release issued by Medivir describing the study and its findings. Medivir 
                  Announces Positive 24-week Interim Data ofTMC435 From the ASPIRE Study (C206)
 
 
                   
                    | Once 
                      Daily Novel Therapy in Treatment-Experienced Hepatitis C 
                      Patients |   
                    | Highlights 
                      of the Study -- TMC435 Added to Standard of Care: |   
                    |  | Increased 
                      the response rates and antiviral efficacy, which progressed?through 
                      to week 24 |   
                    |  | Increased 
                      the number of patients with undetectable hepatitis C virus?(HCV) 
                      levels through week 4, 12 and 24 |   
                    |  | Safe 
                      and well tolerated |  Huddinge, 
                  Sweden -- November 18, 2010 -- Medivir AB (OMX: MVIR), the emerging 
                  research-based specialty pharmaceutical company focused on infectious 
                  diseases, announces today positive top-line 24-week interim 
                  data from the Phase 2b ASPIRE (C206) study of TMC435 in treatment-experienced 
                  hepatitis C patients. The results demonstrate the potent and 
                  consistent antiviral efficacy of TMC435 in patients who had 
                  failed earlier treatment with peg-IFN [pegyalted interferon] 
                  and ribavirin (standard of care), as well as a safety and adverse 
                  event profile for TMC435 that is consistent with what Medivir 
                  previously reported in the Phase 2b PILLAR C205 study. TMC435, 
                  a hepatitis C protease inhibitor, dosed once daily (q.d.) is 
                  being developed jointly by Tibotec Pharmaceuticals and Medivir.
 The ASPIRE study evaluates the effect of TMC435 in combination 
                  with standard of care in 462 patients infected with the difficult 
                  to treat genotype 1 hepatitis C virus who had undergone and 
                  failed prior treatment with standard of care. The study includes 
                  patients that have relapsed, achieved partial response, or achieved 
                  no response (null responders) to treatment with standard of 
                  care.
 
 TMC435 was administered once daily at a dose of either 100 mg 
                  or 150 mg given for either 12, 24, or 48 weeks in combination 
                  with standard of care. Standard of care treatment was continued 
                  until the study completion at week 48.
 
 Overview of the ASPIRE (C206) Week 
                  24 Interim Study Results
 
 The week 24 interim analysis was performed when all patients 
                  completed 24 weeks of treatment or discontinued earlier. An 
                  Intention-to-Treat (ITT) analysis was performed including all 
                  patients who took at least one dose of TMC435.
 
 In the interim analysis, patients treated with TMC435 and standard 
                  of care demonstrated high response rates and antiviral efficacy 
                  in all patient groups up to and including week 4, 12 and 24. 
                  In the relapser group, 81%, 92% and 94% of patients taking TMC435 
                  and Peg-IFN and ribavirin achieved undetectable HCV RNA levels 
                  at week 4, week 12, and week 24, respectively. For the partial 
                  responder group 62%, 84%, and 86% achieved undetectable HCV 
                  RNA levels at week 4, week 12 and week 24, respectively.
 
 The null responder group also demonstrated significant response 
                  rates with 38%, 64%, and 78%, of patients taking TMC435 and 
                  Peg-IFN and ribavirin achieving undetectable HCV RNA levels 
                  at week 4, week 12 and week 24, respectively. All patients continue 
                  on active treatment up until week 48.
 
 Intention-to-Treat Analysis of Virologic 
                  Response: HCV RNA < 25 IU/mL
 (TMC435 
                  data pooled and all data are taken into account at the specific 
                  time point.) 
                   
                    |  | TMC435 | Placebo |   
                    | Week 
                      4 - RVR |   
                    | Relapser* | 81% | 4% |   
                    | Partial 
                      responder** | 62% | 0% |   
                    | Null 
                      responder*** | 38% | 0% |   
                    | Week 
                      12 -cEVR |   
                    | Relapser* | 92% | 31% |   
                    | Partial 
                      responder** | 84% | 10% |   
                    | Null 
                      responder*** | 64% | 21% |   
                    | Week 
                      24 |   
                    | Relapser* | 94% | 83% |   
                    | Partial 
                      responder** | 86% | 19% |   
                    | Null 
                      responder*** | 78% | 44% |   
                    | *Relapser: 
                        undetectable at end of trial [end of treatment] (EOT) 
                        but detectable within 24 weeks of follow-up
 **Partial response: > 2 log reduction at Week 12 but 
                        not achieving undetectable at EOT
 
 ***Null response: < 2 log reduction in HCV RNA at Week 
                        12
 |  Safety 
                  and Tolerability
 An Intention-to-Treat analysis was performed including all patients 
                  who took at least one dose of TMC435. TMC435 was generally safe 
                  and well tolerated and the results were consistent with the 
                  previously reported phase 2b PILLAR C205 study. Significant 
                  decreases in transaminases (ALT and AST) were observed in all 
                  TMC435 treatment groups. The two most frequently reported adverse 
                  events (AEs) were fatigue and headache, with comparable results 
                  shown from the placebo group.
 
 Fatigue:
  
               
                All 
                  TMC435: 41%
 Placebo: 42%
 
              
                All 
                  TMC435: 33%
 Placebo: 33%
 
               
                Commenting 
                  on the results, Ron Long, CEO of Medivir, said: "We are 
                  extremely encouraged and excited by the pronounced efficacy 
                  and advantageous safety of TMC435 in these difficult-to-treat 
                  patients that are in a great need of new and improved treatment 
                  options. We are now looking forward to the next important development 
                  milestone for TMC435, the start of Phase 3 clinical trials in 
                  treatment-naive patients in early 2011."
 About Medivir
 
 Medivir is an emerging research-based specialty pharmaceutical 
                  company focused on the development of high-value treatments 
                  for infectious diseases. Medivir has world-class expertise in 
                  polymerase and protease drug targets and drug development. Medivir 
                  has a strong R&D portfolio and has recently launched its 
                  first product Xerese/Xerclear. Medivir's key pipeline asset, 
                  TMC435, a protease inhibitor, is in phase 2b clinical development 
                  for Hepatitis C and is partnered with Tibotec Pharmaceuticals. 
                  Xerese/Xerclear is an innovative treatment for cold sores, which 
                  has been approved in both the US and Europe. It is partnered 
                  with GSK to be sold OTC in Europe and Russia and with Meda in 
                  North America. Medivir has retained the Rx rights for Xerclear 
                  in Sweden and Finland.
 
 For more information about Medivir, please visit the company's 
                  website: www.medivir.se.
 
 About TMC435 clinical trial programs
 
 TMC435 is a once daily protease inhibitor jointly developed 
                  by Medivir and Tibotec Pharmaceuticals to treat hepatitis C 
                  virus infections. TMC435 is currently being studied in three 
                  phase 2b clinical trials (TMC435-C205, TMC435-C206 and TMC435-C215) 
                  in G1 treatment-naive and in G1 patients that failed previous 
                  IFN-based treatment. TMC435 is planned to enter phase 3 studies 
                  early 2011.
 
 PILLAR Study (TMC435-C205)
 
 TMC435-C205 is an ongoing randomized double-blind global phase 
                  2b study in 386 genotype-1 treatment-naive patients. It evaluates 
                  once daily treatment of TMC435 with different doses and durations 
                  given in addition to standard of care treatment, consisting 
                  of ribavirin and pegIFNalpha-2A. Week 24 interim results were 
                  presented as a late-breaker oral presentation at AASLD 61st 
                  Annual Meeting of the American Association for the Study of 
                  Liver Diseases (AASLD) in Boston, MA, USA.
 
 ASPIRE Study (TMC435-C206)
 
 TMC435-C206 is an ongoing randomized double-blind global phase 
                  2b study in 462 genotype-1 treatment-experienced patients. It 
                  evaluates once daily treatment of TMC435 in with different doses 
                  of given in addition to standard of care treatment, consisting 
                  of ribavirin and pegIFNalpha-2A.
 
 DRAGON Study (TMC435-C215)
 
  
               
                TMC435-C215 
                  is an ongoing Japanese phase 2b study in 92 genotype-1 treatment-naive 
                  patients. It evaluates once daily treatment of TMC435 with different 
                  doses and durations given in addition to standard of care treatment, 
                  consisting of ribavirin and pegIFNalpha-2A.
 OPERA-2 (TMC435-C202)
 
 TMC435-C202 is a completed phase 2a study in treatment-naive 
                  genotype 2 to 6 HCV patients. It is a once daily treatment of 
                  TMC435 during seven days, at 200 mg. Subsequently, patients 
                  could continue with SoC treatment consisting of pegylated interferon 
                  and ribavirin upon agreement with the study doctor.
 
 11/30/10
 SourceMedivir. 
                  Medivir Announces Positive 24-week Interim Data of TMC435 From 
                  the ASPIRE Study (C206). Press release. November 18. 2010.
 
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