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Ad-hoc Release

MOLOGEN AG receives approval for clinical study with cancer drug MGN1703

Berlin, 05. March 2010 – The Berlin biotech company MOLOGEN has received approval from the competent German and Austrian health authorities at the Paul Ehrlich Institute and the Federal Office for Safety in Health Care (“Bundesamt für Sicherheit im Gesundheitswesen”), respectively, to conduct a phase 2 study on the cancer drug MGN1703. MGN1703 is a DNA-based immunomodulator, which is being developed for DNA immunotherapy in patients with metastasized tumor diseases. After the cancer drug already demonstrated excellent tolerability in the phase 1b study, this phase 2 study will now investigate the efficacy of the drug in the treatment of metastatic colorectal cancer.

The clinical study is supposed to begin soon at several study centers in Germany and Austria. Professor Hans-Joachim Schmoll, Director of the Halle University Hospital and Polyclinic for Internal Medicine IV, will act as the study coordinator. The study will be initiated as soon as the responsible Ethics Committees have issued their approval, which is anticipated to occur by March.

Additional study centers shall begin enrollment in Great Britain, Russia, and other countries as soon as the conduct of the study has been approved there.

About MOLOGEN

MOLOGEN AG, a biopharmaceutical com-pany based in Berlin, specializes in the research and development of innovative medicines based on DNA structures. Activities focus on product developments for the treatment of cancer and vaccines for serious infections.

MOLOGEN was founded in 1998 and is among the few biotechnology companies in the world with well-tolerated, DNA-based cancer treatment in the clinical development stage.

MOLOGEN AG shares are listed in the
Prime Standard of Deutsche Börse (ISIN DE 0006637200).

Disclaimer concerning prognoses

Certain statements in this communication contain formulations or terms referring to the future or future developments, as well as negations of such formulations or terms, or similar terminology. These are described as forward-looking statements. In addition, all information in this communication regarding planned or future results of business segments, financial classification numbers, developments of the financial situation, or other financial or statistical data contains such forward-looking statements. The company cautions prospective investors not to rely on such forward-looking statements as certain prognoses of actual future events and developments. The company is neither responsible nor liable for these forward-looking statements. It is not responsible for updating such information, which only represents the state of affairs on the day of publication.

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