Her tror jeg vi vil se helt andre kurser framover. Selskapet generer inntekter fra salg allerde og denne psoriasis-delen har et enormt potensiale. Ingen gjeld og kr 170 mill i cash. Dette selskapet er en uslipt diamant.

01.02.2023 07.30.00 - Cision International
Arctic Bioscience AS : Arctic Bioscience - First patient included in HRO350 Phase IIb clinical trial in the UK
Reference is being made to the stock exchange release from January 12[th] 2023 where Arctic Bioscience announced that the Clinical Trial Application (CTA) for a
Phase IIb clinical trial in mild-to-moderate psoriasis with the investigational medicinal product (IMP) HRO350 was approved in the United Kingdom (UK).

Arctic Bioscience has met a key milestone in the drug development program for HRO350. The first patient has been included in the clinical trial "A phase IIb,
multicenter, randomized, double-blind, placebo-controlled, dose-finding, efficacy and safety study of HRO350 in patients with mild-to-moderate psoriasis" (the
`HeROPA' study) in the UK. This is the start of the clinical study.

"This is the kickoff. Our innovative and highly competent team has been working diligently for several years towards this breakthrough. Following the successful
approval from the UK medicines authorities, a clinic in the UK has included the first patient. This is a great occasion for Arctic Bioscience, which was listed
on EuroNext Growth in 2021 raising funds to conduct this study", comments Christer L. Valderhaug, CEO of Arctic Bioscience.

The international study is planned to be conducted in five countries, with a total of 519 patients. A six-month inclusion period is expected, with first data
readout six months after last patient is included.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Christer L. Valderhaug

CEO of Arctic Bioscience AS