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Biotage M&A Activity 2010

Jan 11, 2010

2894_rns_2010-01-11_ba804014-e8ee-4486-93f1-071acfb0c1d0.pdf

M&A Activity

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Press release Biotage AB

Contact: SE-753 18 Uppsala Torben Jörgensen, President and CEO Tel+46 18 56 59 00 Tel: +46 707 49 05 84, [email protected] www.biotage.com

Uppsala January 11, 2010

Sale of Biotage's facility in Charlottesville, Virginia

Biotage announced on 22 January 2009 that the company had decided to move the manufacturing of its products from its factory in Charlottesville, Virginia, to contract manufacturers and Biotage's manufacturing plant in Cardiff, Wales. The transfer of this business has now successfully been finalized. In parallel with these activities the company has marketed the building in Charlottesville for sale. These efforts have paid off despite the challenging climate on the US real estate market.

Sales price of the facility is USD 5,5 million, which results in a smaller loss of approximately USD 0,1 million. Net after transaction costs Biotage's cash holdings increases with approximately USD 1,3 million.

This is information that Biotage AB (publ) is required to disclose pursuant to the Swedish Securities Markets Act. The information was provided for public release on 11 January 2010 at 8.00am CET.

About Biotage

Biotage offers solutions, knowledge and experience in the areas of analytical and medicinal chemistry. The customers include the world's top pharma and biotech companies, as well as leading academic institutes. The company is headquartered in Uppsala, Sweden, and has offices in the United States, United Kingdom and Japan. Biotage has 270 employees and had sales of SEK 385,3m in 2008. Biotage is listed on the NASDAQ OMX Nordic Stock Exchange. Website: www.biotage.com