Below is the text of Medivir's press release describing the 
                  research and its findings to date.
                Medivir 
                  Announces Phase 2b 24-week Interim Results
                  of TMC435 in Treatment-naive Patients 
                  Chronically Infected with Genotype-1 Hepatitis C Virus
                Potent 
                  and consistent antiviral efficacy was demonstrated at 24-week 
                  end-of-treatment and in interim SVR4 and SVR12 results. There 
                  were no clinically relevant differences between TMC435 treatment 
                  groups and placebo for adverse events.
                  
                  July 12, 2010 -- Medivir announced today 24-week end-of-treatment 
                  interim results from the 5-arm phase 2b response guided PILLAR 
                  study in 386 treatment-naive patients with hepatitis C virus 
                  (HCV) genotype-1 (TMC435-C205). 
                TMC435 
                  is a protease inhibitor jointly developed by Medivir and Tibotec 
                  Pharmaceuticals, dosed as one pill once daily (q.d.) to treat 
                  hepatitis C virus infections (HCV). 
                In 
                  the PILLAR study, 75 mg or 150 mg TMC435 was given for either 
                  12 weeks or 24 weeks in combination with 24 weeks of ribavirin 
                  [RBV] and pegIFNalpha-2A [pegylated interferon alpha-2a, or 
                  Pegasys], the current standard of care (SoC). Patients stopped 
                  all treatment at week 24 when HCV RNA levels at week 4 were 
                  < 25 log10 IU/mL detectable or undetectable and HCV RNA levels 
                  at week 12, week 16 and week 20 were < 25 log10 IU/mL undetectable. 
                  Patients who did not meet the above response-guided criteria 
                  continued with SOC until week 48. The results showed that in 
                  the TMC435 treatment groups 83% of patients were able to stop 
                  all therapy at Week 24. 
                Potent 
                  and consistent antiviral efficacy was demonstrated at 24-week 
                  end-of-treatment and in interim SVR4 and SVR12 rates with no 
                  major differences between TMC435 doses or length of triple therapy. 
                  92% of patients taking TMC435 and Peg-IFN/RBV (SoC) achieved 
                  undetectable HCV RNA levels at week 4 and 92% at week 12 after 
                  cessation of treatment, i.e. SVR4 and SVR12. SVR4 and SVR12 
                  data were available for 82% and 42% of the TMC435-treated patients 
                  respectively who had stopped all therapy before or at Week 24 
                  and had completed the follow-up visits. Both the viral breakthrough 
                  rate (4.9%) and relapse rate (1.6%) were low in the TMC435 treatment 
                  groups. 
                TMC435 
                  was generally safe and well tolerated with no relevant differences 
                  in adverse events (AEs) between placebo and TMC435 treatment 
                  groups. Most AEs were mild to moderate in severity and the discontinuation 
                  rate due to AEs was low and not different from placebo. 
                When 
                  looking at particular adverse events of interest, the incidence 
                  of rash, pruritis, GI side effects and anemia were similar in 
                  TMC435 groups and placebo and were generally mild to moderate 
                  in nature. Use of erythropoetin-stimulating agents (ESAs) was 
                  not allowed during the trial. 
                In 
                  laboratory parameters, there were no clinically relevant differences 
                  between any TMC435 groups and placebo except for mild bilirubin 
                  elevations. Significant decreases in transaminases (ALT and 
                  AST) were observed in all treatment groups. 
                Further 
                  safety and efficacy data will be presented at future scientific 
                  meetings later in 2010. 
                "We 
                  are extremely encouraged and excited by the efficacy and safety 
                  demonstrating that TMC435 is truly a second-generation HCV protease 
                  inhibitor," stated Bertil Samuelsson, CSO of Medivir. "We 
                  also are looking forward to the top-line data coming up from 
                  the phase 2b trial C206 (ASPIRE) in treatment-experienced patients 
                  later this year as well as start of phase 3 clinical trials 
                  in treatment-naive patients early next year."
                  
                
                   
                    | Frequency 
                        of Undetectable* HCV RNA Levels During and After Treatment | 
                   
                    | Treatment 
                        week | TMC12PR24
 | TMC2PR24
 | TMC1PR24
 | TMC2PR24
 | SoC | 
                   
                    | 
 | 75mg 
                        q.d. | 75mg 
                        q.d. | 150mg 
                        q.d. | 150mg 
                        q.d. | 
 | 
                   
                    | N 
                        (%) | N=78 | N=75 | N=77 | N=79 | N=77 | 
                   
                    | Week 
                        24, EoT*** | 67/73 
                        (92%) | 65/67 
                        (97%) | 68/74 
                        (92%) | 73/78 
                        (94%) | 4/18 
                        (22%)** | 
                   
                    | Follow-up 
                      at Week 4 and Week 12 after EoT | 
                   
                    | SVR4 | 59/65 
                        (91%) | 56/60 
                        (93%) | 57/61 
                        (93%) | 63/68 
                        (93%) | NA**** | 
                   
                    | SVR12 | 32/33 
                        (97%) | 27/29 
                        (93%) | 32/36 
                        (89%) | 29/32 
                        (91%) | NA | 
                   
                    | 
                         
                          | * 
                            < 25 log10 IU/mL undetectable ** End of treatment
 ***EoT: End of Treatment
 ****Patients in the control arm continue SoC till 
                            Week 48 and SVR data are not available
 q.d.: once daily; PR: pegylated interferon alpha-2a 
                            and ribavirin; SVR4: undetectable HCV RNA at EoT & 
                            undetectable HCV RNA 4 weeks after planned EoT; SVR12: 
                            undetectable HCV RNA at EoT & undetectable HCV 
                            RNA 12 weeks after planned EoT
 |  | 
                
                About 
                  TMC435 clinical trial programs
                  
                  TMC435 is a protease inhibitor jointly developed by Medivir 
                  and Tibotec Pharmaceuticals to treat hepatitis C virus infections 
                  (HCV).
                  
                  TMC435 is currently being developed in three phase 2b clinical 
                  trials (TMC435-C205, TMC435-C206 and TMC435-C215) in G1 treatment-naive 
                  and in G1 patients that failed previous IFN-based treatment. 
                  Safety and efficacy data from the phase 2b trials will be presented 
                  at scientific meetings later in 2010. 
                TMC435-C205 
                  is a global phase 2b study in 386 genotype-1 treatment-naive 
                  patients. It is a once daily treatment of TMC435 with different 
                  doses and durations given in addition to standard of care treatment, 
                  consisting of ribavirin and pegIFNalpha-2A. 
                TMC435-C215 
                  is a Japan phase 2b study in 92 genotype-1 treatment-naive patients. 
                  It is a once daily treatment of TMC435 with different doses 
                  and durations given in addition to standard of care treatment, 
                  consisting of ribavirin and pegIFNalpha-2A. 
                TMC435-C206 
                  is a global phase 2b study in 463 genotype-1 treatment-experienced 
                  patients. It is a once daily treatment of TMC435 in with different 
                  doses of given in addition to standard of care treatment, consisting 
                  of ribavirin and pegIFNalpha-2A. 
                About 
                  Hepatitis C
                  
                  Hepatitis C is a blood-borne infectious disease of the liver 
                  and is a leading cause of chronic liver disease and liver transplants. 
                  The WHO estimates that nearly 180 million people worldwide, 
                  or approximately 3% of the world's population, are infected 
                  with hepatitis C virus (HCV). The CDC has reported that almost 
                  three million people in the United States are chronically infected 
                  with HCV. 
                For 
                  more information on Medivir, please see the company website: 
                  www.medivir.se.
                  
                  8/24/10
                Source
                  Medivir. 
                  Medivir Announces Phase 2b 24-week Interim Results of TMC435 
                  in Treatment-naïve Patients Chronically Infected with Genotype-1 
                  Hepatitis C Virus. Press release. July 12, 2010.