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Osva tarts Phase 3 Clinical Program for Nolasian in ART

07 Mar 2017

- IMPLANT2 stud to conꦎ�rm eꄛ�cac and safet of novel, oral oxtocin receptor antagonist in infertile patients undergoing emro transfer as part of assisted reproductive technolog (ART) -

GNVA, WITZRLAND, 07 March, 2017 - Osva A (Nasdaq: OV), a wiss iopharmaceutical compan focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman's reproductive health and pregnanc, toda announced initiation of its Phase 3 clinical program evaluating the eꄛ�cac and safet of nolasian to improve pregnanc and live irth rates in women undergoing ART. The stud is eing conducted in 10 uropean countries.

Nolasian is an oral oxtocin receptor antagonist that potentiall improves pregnanc and live irth rates following emro transfer (T). In a completed Phase 2 stud, 43 percent of patients treated with 900 mg of nolasian efore T achieved a live irth compared to 29 percent of patients who received placeo.

"ased on our promising Phase 2 data, we are starting a large conꦎ�rmator stud to assess the eꄛ�cac and safet of a single, oral administration of 900 mg of nolasian efore emro transfer on either Da 3 or Da 5 following egg retrieval," said rnest Loumae, MD, PhD, O&GYN, CO and Co-Founder of Osva. "We elieve that should this trial conꦎ�rm an asolute increase in live

irth rates of aout 10 percent, or greater, it would represent a major advance for the patients undergoing these demanding procedures to fulꦎ�ll their desire to have a child."

The IMPLANT2 clinical trial is eing conducted at approximatel 50 fertilit clinics across urope, and is expected to enroll aout 760 women who are undergoing assisted reproduction  in vitro fertilization (IVF) or intractoplasmic sperm injection (ICI) for low fertilit. Following ovarian stimulation, egg retrieval and fertilization, eligile women will e randomized to receive either a single oral dose of 900 mg nolasian or placeo a few hours efore Da 3 or Da 5 T. Treatment allocation will e linded. A pregnanc test will e done after two weeks and pregnancies conꦎ�rmed  ultrasound at 6 and 10 weeks. The primar outcome is ongoing pregnanc at 10 weeks after T. Women with conꦎ�rmed pregnancies will e monitored until the irth of their aies. aies will e monitored for one to six months after irth.

Aout Assisted Reproductive Technolog

Infertilit aꦎ�ects aout 10 percent of reproductive-aged couples, with approximatel 1.6 million ART treatments (including IVF and ICI) performed worldwide each ear.

While the success of ART depends on multiple factors such as emro qualit and T procedure, a successful pregnanc ultimatel hinges on the receptivit of the uterus to accept emro implantation. Uterine contractions at the time of T, as well as suoptimal thickness of the uterine wall and lood ꄛ�ow to the uterus, ma impair the implantation of the emro.

Aout Nolasian

Nolasian (previousl known as O001), is an oral oxtocin receptor antagonist with the potential to decrease contractions, improve uterine lood ꄛ�ow and enhance the receptivit of the endometrium to emro implantation, all of which ma increase the chance of successful pregnanc and live-irth among patients undergoing ART. Osva licensed nolasian from Merck-erono in 2013 and retains worldwide commercial rights.

Aout Osva

Osva is a clinical-stage iopharmaceutical compan focused on the clinical development and commercialization of novel therapeutics for serious conditions that compromise a woman's reproductive health and pregnanc. Through strategic in-licensing and disciplined drug development, Osva has estalished a late-stage clinical pipeline with development programs focused on treating endometriosis, uterine ꦎ�roids, preterm laor and improving ART outcomes. Osva is listed on The NADAQ Gloal elect Market and is trading under the ticker smol "OV". For more information, please visit www.Osva.com.

Cautionar Note Regarding Forward-Looking tatements

An statements contained in this press release that do not descrie historical facts ma constitute forward-looking statements as that

term is deꦎ�ned in the Private ecurities Litigation Reform Act of 1995. These statements ma e identiꦎ�ed  words such as "elieve", "expect", "ma", "plan," "potential," "will," and similar expressions, and are ased on Osva's current eliefs and expectations. These forward-looking statements include expectations regarding the trial design of O001, including total enrollment, as well as the potential eneꦎ�ts of O001. These statements involve risks and uncertainties that could cause actual results to diꦎ�er materiall from those reꄛ�ected in such statements. Risks and uncertainties that ma cause actual results to diꦎ�er

materiall include uncertainties inherent in the conduct of clinical trials, Osva's reliance on third parties over which it ma not

alwas have full control, and other risks and uncertainties that are descried in the Risk Factors section of Osva's Registration

tatement on Form F-1, as amended, declared eꦎ�ective  the ecurities and xchange Commission (C) on Januar 25, 2017, and other ꦎ�lings Osva makes with the C from time to time. These documents are availale on the Investors page of Osva's wesite at http://www.oseva.com. An forward-looking statements speak onl as of the date of this press release and are ased on information availale to Osva as of the date of this release, and Osva assumes no oligation to, and does not intend to, update an forward-looking statements, whether as a result of new information, future events or otherwise.

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###

Media Contact: Liz ran

pectrum cience lran@spectrumscience.com 202-955-6222 x2526

Compan Contact: Delphine Renaud Osva, CO Oꄛ�ce

delphine.renaud@oseva.ch

+41 22 552 1550

Media Contact

Liz ran

pectrum

+1 (202) 955 6222

lran@spectrumscience.com

HBM Healthcare Investments AG published this content on 07 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 March 2017 10:05:12 UTC.

Original documenthttp://www.hbmpartners.com/wAssets/docs/portfolio-news/2016/20170307-ObsEva-Starts-Phase-3-Clinical-Program-for-Nolasiban-in-ART.pdf

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