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30th Listing On The SWX Local Caps: Berna Biotech AG Opens At CHF 939

Date 26/06/2001

The shares of Berna Biotech AG traded for the first time today in the SWX Local Caps market segment. The price was set on Monday evening at CHF 912. The opening price of the shares stood 3% above that level in SWX trading, representing a market capitalisation of CHF 939 million.

According to the listing prospectus, 200,000 shares - or 20% of the total 1 million registered shares recorded in the commercial - are the result of a capital increase.

Berna Biotech AG is a biotechnology company specialised in the development and production of immunobiological preparations, mainly viral and bacterial vaccines. The firm was founded in 1898 under the name of Schweiz. Serum- und Impfinstitut Bern. Among the company's key products in the marketplace are Nasaflu Berna and Inflexal Berna V vaccines, together with other vaccines that are under development such as Aerugen (Phase III clinical trials) and one for immunisation against hepatitis B (pre-clinical phase). Berna is involved in a number of alliances, among others with Aventis Pasteur.

In 2000, the company had 698 individuals under its employ and recorded operating income of CHF 151.7 million.

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