Approval of Onxeo’s admission to secondary listing and trading on NASDAQ OMX Copenhagen  -  Merger exchange to take place on August 5, 2014

Paris, (France), Copenhagen, (Denmark), July 24, 2014. In continuation of their
joint company announcement of July 23, 2014, BioAlliance Pharma SA (Euronext
Paris – BIO), an innovative company specialized in the development of drugs in
orphan oncology diseases newly renamed Onxeo, and Topotarget A/S (NASDAQ OMX
Copenhagen – TOPO), today announce that NASDAQ OMX Copenhagen has approved
Onxeo’s admission to secondary trading and official listing on NASDAQ OMX
Copenhagen to be effective as of August 1, 2014. From this date, BioAlliance
Pharma as the continuing entity after the merger will also officially operate
under the name Onxeo.

“We are very happy and proud of this final step marking the starting point for
our new identity. Onxeo’s teams are ready and determined to unleash their
synergistic potential to shape a dynamic player in the orphan oncology market”,
declares Judith Greciet, Chief Executive Officer of Onxeo.

“With the combination of team’s expertise and a robust and innovative pipeline,
Onxeo has solid basis to successfully conduct its mission to develop innovative
drugs and provide patients with hope and significantly improve their lives”,
declares Anders Vadsholt, Chief Executive Officer of Topotarget.

For more information on Onxeo reference is made to the admission prospectus of
May 26, 2014 prepared by Onxeo and the company announcements issued by Onxeo,
which are available on Onxeo’s website (www.bioalliancepharma.com). There has
been no adverse material change in Onxeo compared with the information provided
in the admission prospectus dated May 26, 2014.

BioAlliance Pharma’s shares (including the newly issued shares) will remain
admitted to trading on Euronext Paris under the name Onxeo (ticker: ONXEO).

The exchange of the Topotarget A/S shares against Onxeo's new ordinary shares in
accordance with the merger plan is expected to occur on August 5, 2014.

Timetable:

+---------------------------------------------------------------+--------------+
|Event                                                          |Expected Date |
+---------------------------------------------------------------+--------------+
|Issuance of legality certificate by French authority           |July 22, 2014 |
+---------------------------------------------------------------+--------------+
|Registration by the Danish Business Authority of completion of |July 28, 2014 |
|the merger and deregistration of Topotarget A/S                |              |
+---------------------------------------------------------------+--------------+
|Last day of trading of Topotarget A/S on NASDAQ OMX Copenhagen |July 31, 2014 |
+---------------------------------------------------------------+--------------+
|Admission to trading of Onxeo's new ordinary shares on Euronext|August 1, 2014|
|Paris                                                          |              |
+---------------------------------------------------------------+--------------+
|Name change to Onxeo effective on Euronext Paris               |August 1, 2014|
+---------------------------------------------------------------+--------------+
|First day of trading of Onxeo SA on NASDAQ OMX Copenhagen in   |August 1, 2014|
|ISIN FR0010095596 (ticker: ONXEO)                              |              |
+---------------------------------------------------------------+--------------+
|Exchange of Topotarget shares with new ordinary shares in Onxeo|August 5, 2014|
|SA through VP Securities (end of day) in accordance with the   |              |
|exchange ratio defined in the merger plan (2 Onxeo shares for  |              |
|each set of 27 Topotarget shares)                              |              |
+---------------------------------------------------------------+--------------+
|Settlement of payment for fractional entitlements              |August 6, 2014|
+---------------------------------------------------------------+--------------+


About BioAlliance Pharma
Dedicated to cancer treatments with a focus on resistance targeting and orphan
products, BioAlliance Pharma conceives and develops innovative products for
orphan or rare diseases. Created in 1997 and introduced to the Euronext Paris
market in 2005, BioAlliance Pharma’s ambition is to become a leading player in
these fields by coupling innovation to patient needs. The company’s teams have
the key competencies required to identify, develop and register drugs in Europe
and the USA. For more information, visit the BioAlliance Pharma web site at
www.bioalliancepharma.com

About Topotarget
Topotarget (NASDAQ OMX: TOPO) is a Danish-based biopharmaceutical company
headquartered in Copenhagen, Denmark, dedicated to clinical development and
registration of oncology products. In collaboration with Spectrum
Pharmaceuticals, Inc., Topotarget focuses on the development of its lead drug
candidate, belinostat, which has shown positive results in the treatment of
hematological malignancies and solid tumors, obtained by both mono- and
combination therapy. For more information, please refer to www.topotarget.com.

About Onxeo
Onxeo will aim at becoming a global leader on the fast-growing market of orphan
oncology drugs. It will hold a complementary portfolio of advanced programs
targeting severe pathologies for which there is an unmet medical need. Onxeo
will offer reinforced market attractiveness, notably towards specialized
international investors, through a more important critical mass, a European
scale, and a portfolio of high value-added products.

Disclaimer
This communication expressly or implicitly contains certain forward-looking
statements concerning BioAlliance Pharma SA and its business. Such statements
involve certain known and unknown risks, uncertainties and other factors, which
could cause the actual results, financial condition, performance or achievements
of BioAlliance Pharma SA to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. BioAlliance Pharma SA is providing this communication as of this
date and does not undertake to update any forward-looking statements contained
herein as a result of new information, future events or otherwise.

For a discussion of risks and uncertainties which could cause actual results,
financial condition, performance or achievements of BioAlliance Pharma SA to
differ from those contained in the forward-looking statements, please refer to
the Risk Factors ("Facteurs de Risque") section of the 2013 Reference Document
filed with the AMF on April 7, 2014, which is available on the AMF website
(http://www.amf-france.org) or on BioAlliance Pharma SA's website
(www.bioalliancepharma.com).

For further information, please contact:

BioAlliance Pharma:
Judith Greciet, Chief Executive Officer
+33 1 45 58 76 00
Nicolas Fellmann, Chief Financial Officer
+33 1 45 58 76 00
Caroline Carmagnol - AlizéeRP
+33 6 64 18 99 59

Topotarget:
Bo Jesper Hansen, Executive Chairman of the Board
+45 26 12 83 84
Anders Vadsholt, Chief Executive Officer
+45 28 98 90 55
Michael Steen-Knudsen – Impact Communications
+45 25 17 18 15