KVISTGAARD, Denmark, January 21, 2013 - Bavarian Nordic A/S (OMX: BAVA) today announced that Reiner Laus, Executive Vice President and Division President Cancer Vaccines will leave his position effective as of today.

Reiner Laus has headed Bavarian Nordic's California-based cancer vaccine division, BN ImmunoTherapeutics since 2005, where it was founded to develop active immunotherapies within the cancer field based on the company's MVA-BN® technology. During his tenure, Dr. Laus has been instrumental in the development of the company's clinical pipeline, including the preparations for the current late-stage clinical development of PROSTVAC®. The company has initiated a search for a replacement to fill his position which is expected to be concluded soon.

Contact:

Anders Hedegaard, President & CEO.
Phone: +45 23 20 30 64

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