Nasdaq Nordic: Nasdaq Stockholm Welcomes Xbrane Biopharma AB to The Main Market

Stockholm, September 23, 2019 - Nasdaq (Nasdaq: NDAQ) announces that the
trading in Xbrane Biopharma AB's shares (short name: XBRANE) will commence
today on the Nasdaq Stockholm main market. Xbrane Biopharma AB belongs to the
healthcare sector and is the 40th company to be admitted to trading on Nasdaq's
Nordic markets* in 2019. Xbrane Biopharma was previously listed on the Nasdaq
First North Growth Market. 

Xbrane Biopharma is a Swedish biopharmaceutical company that develops
biosimilars, in order to provide cost efficient medicines to patient
populations that do not have access to affordable treatments. Due to the
current state of the market and inflated prices for pharmaceutical drugs, there
is a large unmet medical need as patients cannot afford medications for their
diseases. Xbrane Biopharma's leading product, Xlucane, is in phase III with a
targeted launch in 2022. The product is developed in partnership with STADA
Arzneimittel. Xbrane Biopharma has 36 employees and is headquartered in Solna,
Sweden, where it also has its pilot scale development facility. 

"Our switch to the Nasdaq Stockholm main market is a key milestone for us,"
said Martin Åmark, CEO of Xbrane Biopharma. "This will further increase the
awareness of Xbrane Biopharma, strengthen the company's brand and visibility,
while confirming the progress and maturity of our company. It will also allow
us to fully leverage our patented platform technology to develop cost efficient
medicines and significantly increase treatment accessibility to patients in
need. Furthermore, the admission to trading on Nasdaq Stockholm is expected to
satisfy the interest of institutional investors and give our company greater
access to the Swedish and international capital markets." 

"We welcome Xbrane Biopharma to the Nasdaq Stockholm main market," said Adam
Kostyál, SVP and Head of European Listings, Nasdaq. "Xbrane Biopharma will join
our strong and vibrant health care sector, and we look forward to supporting
them on their continued journey on the Nasdaq Stockholm main market." 

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki,
Nasdaq Iceland and Nasdaq Stockholm 

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