Nordic Nanovector ASA - Allocation of PSUs

OSLO, Norway, Feb 5, 2018 /PRNewswire/ --

Malene Brondberg, VP IR & CC has been granted 20,000 performance share units ("PSUs") in connection with her appointment. For further information about the PSUs and the related warrants see the company's stock exchange announcement on 29 January 2018. Following the allocation, Malene Brondberg holds 20 000 PSUs, 0 options and 0 shares in Nordic Nanovector.

About Nordic Nanovector:

Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The company aspires to become a leader in the development of targeted therapies for haematological cancers. Nordic Nanovector's lead clinical-stage candidate is Betalutin®, a novel CD37-targeting Antibody-Radionuclide-Conjugates (ARC) designed to advance the treatment of non-Hodgkin's Lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 20 billion by 2024. The company aims to rapidly develop Betalutin®, alone and in combination with other therapies, for the treatment of major types of NHL, targeting first regulatory submission in relapsed/refractory follicular lymphoma in 2019. Nordic Nanovector intends to retain marketing rights and to actively participate in the commercialisation of Betalutin® in core markets. The company is also advancing a pipeline of ARCs and other immunotherapies for multiple cancer indications. Further information about the company can be found at www.nordicnanovector.com

This information is subject to duty of disclosure pursuant to Section 4-2 of the Norwegian Securities Trading Act

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SOURCE Nordic Nanovector