NEW PRODUCTS AND SHARPLY INCREASED SALES

  · Net sales rose by about 45% to SEK 2,886k (1,984k).

  · Comprehensive income fell by SEK 1,168k to SEK -5,006k (-3,838k).

  · Comprehensive income per share, basic and diluted, improved by SEK 0.04 to
SEK -0.23 (-0.19).

  · Cash flow from operating activities was SEK -4,854k (-6,213k).

  · Genovis launched a new enzyme product that is being marketed under the name
GingisKHAN™ for customers primarily in the pharmaceutical industry for
characterization of antibody-based drugs.

  · Genovis launched a new service concept through which customers can order
antibody fragmentation with “Smart Enzymes,” thereby opens a new market niche
for the company's products.

  · In January 2015 the wholly owned subsidiary Genovis Inc. was registered in
the state of Delaware in the US to increase its presence in the North American
market.
Launch of demanded product and best sales figures ever

During the past quarter we received our first confirmation that our new sales
strategy, pipeline and focus on our customer offering are producing results. Our
sales jumped 45 percent during the first quarter compared with the same period
last year. If we look solely at current sales of goods and services, and not at
reimbursement for development projects, this represents a 73-percent increase
compared with last year.

Sales in the US increased by 51 percent and in Europe by 29 percent. This strong
performance can be explained in part by exchange rate effects on the US market,
but is mostly an actual increase in sales. We see continued growth in the number
of new customers, while the number of individual orders increased by 68 percent
compared with the same period last year.

Costs rose by 30 percent, in part due to costs associated with staffing and
startup costs for our sales organization in the US. Genovis Inc. has an office
in Boston and a warehouse in San Diego. The business is off to a flying start
and today we can provide our US customers with full support and 24-hour
delivery. The largest cost increase compared with the same period in 2014 is
primarily the result of expenses related to the lawsuit against Promega, which
has had a negative impact on earnings. However, Genovis has an insurance policy
to ensure that we minimize our legal costs in this case.

As part of the development of our pipeline, in March we launched GingisKHAN™,
the first of several new enzymes. This enzyme has been in demand in the market
and has an estimated market potential of USD 10 million. GingisKHAN is an enzyme
that splits an antibody very rapidly at a specific location in the molecule. The
product complements FabRICATOR® and FabULOUS®, but can also be used in studies
of intact Fab and Fc fragments. This is important for Genovis’ customers in
analyses such as in crystallization, studies of bispecific antibodies and for
studies of the three-dimensional structure of antibodies. We received the first
orders on the same day as the launch and we are excited about our continued work
with the launch this spring.

Based on the trend during the first quarter, it would seem that the strategic
decisions we made last year are now paying off. We will continue to develop our
sales initiatives and launch three more products during the year, with the aim
of increasing the number of customers and maintaining sales at a high level.

Sarah Fredriksson

President & CEO
For more information, please contact: Sarah Fredriksson, CEO, Genovis AB Tel:
0046 (0)46 -101235 sarah.fredriksson@genovis.com
ABOUT GENOVIS

Genovis’ business concept is to develop, produce and market innovative
technologies that facilitate and enable development of new treatment methods and
diagnostics for customers in the medical device and pharmaceutical industries.
The Group consists of Genovis AB and the subsidiary GeccoDots AB. Genovis
develops and sells unique enzymes in innovative product formats that facilitate
development and quality control of and biological drugs. GeccoDots uses
nanotechnology to produce a new type of contrast agent that is used in medical
imaging.

Genovis shares are listed on NASDAQ Stockholm First North, and Consensus is
Certified Adviser for the Company, t: 46 (0)31-745 50 00