Ascelia Pharma

Report Publication Announcement • May 13, 2019

PRESS RELEASE

Malmö, 13 May 2019

Ascelia Pharma to host teleconference for presentation of interim financial report

Ascelia Pharma's interim report for the period January – March 2019 (Q3 2018/2019) will be published on Wednesday 15 May 2019 at 08:00 CET. A presentation for analysts, media and investors will be held the same day at 10:00 CET.

The event will be hosted by the company's CEO Magnus Corfitzen, CFO Kristian Borbos and CMO Carl Bjartmar. The presentation will be held in English.

The presentation can be followed live via the link: https://tv.streamfabriken.com/ascelia-pharma-q3-2018-2019

It will also be possible to take part of the audiocast afterwards at the same address or at Ascelia Pharma's website.

To participate in the telephone conference, please use the dial-in details shown below: SWE: +46 8 505 583 66 UK: +44 333 300 9273 US: +1 833 526 8380

For further information, please contact:

Mikael Widell, IR & Communications Manager Email: mw@ascelia.com Tel: +46 703 11 99 60

The information was submitted for publication, through the agency of the contact person set out above, at 8.45 a.m. CET on 13 May 2019.

About Ascelia Pharma

Ascelia Pharma is an oncology-dedicated orphan drug development company located in Malmö, Sweden. The company's strategy is to develop drugs, which target unmet medical needs, have an established mode of action and a relatively low development risk. Ascelia Pharma has two drug candidates – Mangoral® and Oncoral – currently under development.

Mangoral is a novel contrast agent for MR-scans and is ready for Phase III clinical studies. Mangoral is developed to improve the visualisation of focal liver lesions (liver metastases) in patient with impaired kidneys that cannot tolerate current gadolinium contrast agents on the market. Oncoral is an oral chemotherapy tablet ready for Phase II for the treatment of gastric cancer. Ascelia Pharma is listed on Nasdaq Stockholm (ticker: ACE). For more information, please visit www.ascelia.com