Genovis Launches US Operation

Genovis AB has established a subsidiary in Boston. Due to demand for its products in the US market, Genovis hired Christopher Wilkins to head its US subsidiary.

Genovis has also recently launched a new web site that enables online sales. The site's first customers were in the US, which is the largest single market for Genovis products. Consequently, the company decided to establish Genovis Inc.

Genovis is currently focusing on two business areas: bimolecular delivery and antibody engineering. Its product portfolio contains NIMT FeOsilence, NIMT FeOfection, NIMT FeOlabeling, and NIMT FabRICATOR. Genovis Inc. is located in the Boston area in Massachusetts.

For further information please contact:

Sarah Fredriksson,

CEO

Tel: +46 46 10 12 35

Email: sarah.fredriksson@genovis.com