Interim Report January - June 2007

KEY EVENTS DURING THE PERIOD

-Net revenues amounted to MSEK 15.2 (55.4)
-The loss after tax was MSEK 94.5 (loss: 9.3)
-Earnings per share amounted to a loss of SEK 6.80 (loss: 0.70)
-Orexo’s Annual General Meeting was held on April 23 – the Board was reelected
-A patent for OX 17 was approved in Europe

SECOND QUARTER 2007

-Net revenues amounted to MSEK 8.8 (5.1)
-The loss after tax was MSEK 56.5 (loss: 24.6)
-Earnings per share amounted to a loss of SEK 4.06 (loss: 1.85)

KEY EVENTS AFTER THE PERIOD

-Orexo establishes sales force in Nordic markets, by entering into a joint venture with ProStrakan


For report in full format, see enclosed link to pdf.


For more information, please contact
Zsolt Lavotha, President & CEO, Tel: +46 (0)18-780 88 12, e-mail: zsolt.lavotha@orexo.se

Claes Wenthzel, Executive Vice President and CFO, Orexo AB
+46 (0)18 780 88 44, e-mail: claes.wenthzel@orexo.se