PhotoCure awarded Prize for Innovation

| Source: Photocure ASA Photocure ASA

Oslo, Norway, 28 August 2003
 
PhotoCure is very pleased to announce today that it has been awarded The Confederation of Norwegian Business and Industry's annual Prize for Innovation.
 
PhotoCure received the prize as a result of the company's exciting research and innovation within photodynamic therapy for the treatment of cancer and skin diseases, and for the excellent results seen in patients treated with its first product, Metvix®. The fact that the company has also successfully commercialised its technology was another factor in PhotoCure winning this award.
                       
The President and CEO of PhotoCure, Professor Vidar Hansson, who was present at the ceremony to receive the prize, says in a comment: "It is a great honour to receive this year's Prize for Innovation. It confirms that what we do is meaningful to society, and it provides us with great encouragement in our future work."