Basilea shareholders approve all proposals of the Board of Directors at the Annual General Meeting of Shareholders - Seite 2

Ronald Scott in his presentation to the shareholders stated that 2017 marked a successful year in the implementation of Basilea's strategy to maximize the value of its commercialized drugs, the antifungal Cresemba (isavuconazole) and the antibiotic Zevtera (ceftobiprole). He highlighted the partnerships with several leading pharmaceutical companies which cover more than 100 countries worldwide, including Pfizer for Cresemba in Europe. Basilea received CHF 79 million in upfront payments in 2017 and is eligible for up to USD 1.1 billion in total milestone payments from transactions completed during the year. He also updated shareholders on the progress achieved in the clinical development programs in anti-infectives and oncology, such as the start of the phase 3 program with the goal to gain regulatory approval for ceftobiprole in the U.S. He concluded that at the end of his tenure, the company is well-established with two products on the market, a global network of partners and a sound financial position as the basis to support sustainable company growth and value creation in the coming years.

CEO designate David Veitch added: "Early 2018 already saw a number of additional product launches. The antifungal Cresemba was launched in Switzerland and our antibiotic Zevtera in Argentina and Canada. We expect further launches this year, which will lead to increasing revenue contributions from our partnerships for our two key anti-infectives products. In addition, we look forward to further advancing the clinical programs with our existing projects and are actively working towards extending our pipeline in our focus areas of anti-infectives and oncology, which could come from both internal innovation as well as from selectively in-licensing appropriate assets into our pipeline".

At the meeting, 26.7 percent of the total voting rights were represented. Currently, 60.5 percent of the total issued shares are registered in Basilea's share registry.

About Basilea
Basilea Pharmaceutica Ltd. is a commercial stage biopharmaceutical company developing products that address the medical challenge of increasing resistance and non-response to current treatment options in the therapeutic areas of bacterial infections, fungal infections and cancer. With two commercialized drugs, the company is committed to discovering, developing and commercializing innovative pharmaceutical products to meet the medical needs of patients with serious and life-threatening conditions. Basilea Pharmaceutica Ltd. is headquartered in Basel, Switzerland and listed on the SIX Swiss Exchange (SIX: BSLN). Additional information can be found at Basilea's website www.basilea.com.