Sale of hepatitis technologies completed


ChronTech has now closed the deal concerning the sale of its hepatitis
technologies to the Irish company Avac Pharma Ltd in accordance with the Term
Sheet previously published. This means that the Company has received another
625,000 USD, that the earlier loan of 625,000 USD has been assigned, another 1
million USD will be paid within a year, and that Avac Pharma Ltd will pay up to
1.5 million USD for the further development of ChronTechs injection technology
IVIN. In accordance with the Term Sheet also 80,274,295 shares have been
transferred to ChronTechs certified advisor Remium and the redemption of these
shares have been registered with the Swedish Companies Registration Office.

For more information, please contact:

Anders Vahlne, CEO and Head of Research, ChronTech Pharma AB

Mobile phone: +46 709 28 05 28
E-mail: anders.vahlne@chrontech.se

About ChronTech

ChronTech has developed and further develops a patent pending new type of
injection needle for a more effective uptake of DNA vaccines. ChronTech also
have part ownership in the wound healing therapy ChronSeal®, and in the new
platform technology RAS®. The ChronTech share is admitted to trade on First
North. Remium Nordic AB is Certified Adviser for ChronTech. For more
information, please visit: www.chrontech.se

In the event of any discrepancy between the Swedish and English versions of this
press release, the Swedish version will take precedence.

Attachments

07229533.pdf