NeuroVive announces the intention to raise additional capital through a private placement

NeuroVive Pharmaceutical AB (publ) (”NeuroVive” or the “Company”, OMX:NVP) today
announces that the Company intends to raise new equity through a private
placement directed towards qualified institutional investors. The Company
intends to effect the private placement at a share volume and a price per share
to be determined through an accelerated bookbuilding process. The Board of
Directors will disapply the preferential subscription rights of existing
shareholders in connection with the intended capital increase, which will take
place within the limits of the authorization from the Annual General Meeting on
March 30, 2015.The bookbuilding process will end before the commencement of
trading on Nasdaq Stockholm on May 8, 2015.
The proceeds from the private placement will primarily be used for the
preparation of CicloMulsion®’s clinical trial in the US and commercialization in
Europe. A minor share of the proceeds will be allocated to the pre-clinical
program for NVP019 and preparing for the first human dose.

The reasons for the deviation from the shareholders’ pre-emptive rights are that
the Board of the Company deems it beneficial for the Company and the
shareholders to expand the Company´s institutional and international shareholder
base but also to capitalize on the opportunity to raise new capital on for the
Company favorable terms.

The Company will announce the results of the placing as soon as possible after
closing of the bookbuilding.

About NeuroVive
NeuroVive Pharmaceutical AB (publ), the mitochondrial medicine company, is
developing a portfolio of products to treat acute cardiovascular and
neurological conditions through mitochondrial protection. These medical
conditions are characterized by a pressing medical need and have no approved
pharmaceutical treatment options at present. NeuroVive’s products CicloMulsion®
(myocardial infarct) and NeuroSTAT® (traumatic brain injury) are currently being
evaluated in phase III and phase II studies, respectively. NeuroVive’s research
programs also include development of treatments against brain injury in stroke
patients, and drug substances for cellular protection and treatment of
mitochondrial disorders causing energy deficiency. NeuroVive’s shares are listed
on Nasdaq, Stockholm, Sweden.

For Investor Relations and media questions, please contact:
Ingmar Rentzhog, Laika Consulting, Tel: +46 (0)46 275 62 21 or ir@neurovive.se
It is also possible to arrange an interview with NeuroVive’s COO Jan Nilsson
that is in charge of the transaction or CEO Mikael Brönnegård at the above
contact.

NeuroVive Pharmaceutical AB (publ)
Medicon Village, SE-223 81 Lund, Sweden
Tel: +46 (0)46 275 62 20 (switchboard), Fax: +46 (0)46 888 83 48
info@neurovive.se, www.neurovive.se

NeuroVive Pharmaceutical AB (publ) is required to publish the information in
this news release under The Swedish Securities Market Act. The information was
submitted for publication on 7 May 2015, at 5.31 p.m. CET.

Important information
Publication or distribution of this press release in certain jurisdictions may
be subject to restrictions according to law and the people in jurisdictions
where this press release has been made public or distributed should inform
themselves and follow such local restrictions. This press release does not
contain and does not constitute or form part of an invitation to acquire or
subscribe or a solicitation of any offer to buy or subscribe for shares,
subscription rights or other securities in NeuroVive.

This press release may not be published or distributed, directly or indirectly,
in or into the US, Canada, Japan, Hong Kong, New Zeeland, South Africa,
Australia or in any other jurisdiction where such distribution would be
prohibited by applicable law. The information in this press release may not be
redistributed, reproduced or passed on in ways that conflict with applicable
restrictions. Failure to comply with these restrictions may constitute a
violation of the United States Securities Act of 1933 (“Securities Act”) or
applicable laws of other jurisdictions.

The securities have not been and will not be registered under the Securities Act
or securities legislation in any state or other jurisdiction in the US and may
not be offered or sold, directly or indirectly, in or into the US, except
pursuant to an available exemption from the registration requirements of the
Securities Act and in compliance with the securities laws of any state or other
jurisdiction of the US.

Forward-looking statements
This press release contain certain forward-looking statements that reflect the
Company’s current view and expectations of future events and financial and
operational performance, including statements regarding the directed share issue
and statements regarding guidance, planning, outlook and strategies. Words such
as "intends", "anticipates", "expects", "plan", “can” or similar expressions
regarding indications or predictions of future developments or trends, and are
not based on historical facts, constitute forward-looking information. Although
the Company believes that these statements are based upon reasonable assumptions
and expectations, the Company cannot guarantee that such statements will be
realized. Forward-looking statements are inherently associated with both known
and unknown risks and uncertainties and future results or developments may
differ materially from those set forth in forward-looking information. Forward
-looking statements in the press release are only valid on the date of the press
release and are subject to change without notice. The Company undertakes no
obligation to publicly update or revise any forward-looking statements as a
result of new information or future events, other than as required by applicable
law or stock market regularization.
NeuroVive Pharmaceutical AB (publ) - the mitochondrial medicine company. The
company is listed on NASDAQ OMX Stockholm, Small Cap, under the ticker symbol
NVP. The share is also traded on the OTC market in the US. NeuroVive
Pharmaceutical (OTC: NEVPF) trades on the OTC Grey Market. Investors can find
Real-Time quotes and market information for the company
at www.otcmarkets.com/stock/NEVPF/quote (http://htt://www.otcmarkets.com/stock/N
E 
VPF/quot)