BioGaia

Business and Financial Review • Mar 18, 2010

Press Release 18th of March 2010

BioGaia signs agreement with Ferring Pharmaceuticals in Argentina

The agreement refers to sales of BioGaia Probiotic drops and tablets in Argentina under the BioGaia brand. Launch is estimated during the first half of 2011.

BioGaia AB already has agreements with Ferring Pharmaceuticals covering some ten countries in Latin America, where Mexico was the first country to launch the products. In Argentina the regulatory process will now be initiated. The other countries in the region will follow as the regulatory processes in respective countries are finished.

– Latin America is a relatively new market for us and we are looking forward to launching our products in yet another country in this region, says Peter Rothschild, President, BioGaia AB.

Discontinues the cooperation in Egypt

At the same time as the agreement with Ferring Pharmaceuticals for Argentina is signed BioGaia discontinues the agreement relating to Egypt. This agreement was signed in 2008 but due to regulatory difficulties no products have been launched. BioGaia now therefore chooses to discontinue the agreement with Ferring for Egypt.

Latest press releases from BioGaia:

2010-02-22 BioGaia AB Year-end report 2009 2010-02-19 BioGaia signs exclusive dealership agreement with Nippon Access 2009-12-09 Changed date for BioGaia´s Year-end report

For additional information contact:

Peter Rothschild, President, telephone: +46 8 -555 293 00 Jan Annwall, Executive Vice President, telephone: +46 8-555 293 00

BioGaia is a biotechnology company that develops, markets and sells probiotic products with documented health benefits. The products are primarily based on the lactic acid bacterium Lactobacillus reuteri (Reuteri), which has probiotic, health-enhancing effects. The class B share of the Parent Company BioGaia AB is quoted on the Small Cap list of the NASDAQ OMX Nordic Exchange Stockholm. www.biogaia.com