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AFFiRiS - MIG-Fonds Increases Investment by Euro 3 Million
Date:9/25/2008

AFFITOME technology will also be able to exert a positive influence on other human rogue proteins - such as lipid metabolism enzymes. In line with our strategy of developing medicines for diseases with urgent medical need and attractive market potential, one of our next product candidates can deliver effective results in the treatment of atherosclerosis."

Michael Motschmann, Senior Fund Manager at MIG Fonds, comments on business developments at AFFiRiS GmbH: "In an amazingly short period of time, the company has developed two vaccines against Alzheimer's disease from the initial idea to the first phase I clinical trial, thus underlining the effectiveness of its highly promising business model. We have every reason to believe that these vaccines make interesting product candidates and expect comparable developments to follow in other indications. This progress alone prompted us to make another substantial investment. What's more, the AFFITOME technology behind the development of these vaccines represents an almost inestimable value, which can make the company a very attractive licenser for major pharmaceutical companies."

About AFFiRiS GmbH (as at September 2008):

AFFiRiS GmbH develops peptide-based vaccines for the treatment of Alzheimer's disease, atherosclerosis and other diseases that urgently require a medical solution. The company has established platform technologies and registered the corresponding patent families. The first patents have already been issued. It employs 35 highly qualified members of staff on 600msquared of rented laboratory facilities at the Campus Vienna Biocenter (http://www.affiris.com).

About MIG-Fonds:

The participation of MIG Verwaltungs AG in Affiris GmbH represents the continuation of a tried-and-tested approach. Investment is only made in selected companies in Germany and Austria after their viability has been thoroughly audited. Its innovative, hig
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SOURCE AFFiRiS GmbH
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