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2016-05-09

Targovax ASA: Targovax to present at BioEquity Europe and its first quarter 2016 results on May 11 - 12, 2016

BioEquity

Targovax announces that Gunnar Gårdemyr, Chief Executive Officer, will hold a
presentation at BioEquity Europe in Copenhagen, Denmark on Wednesday, May 11,
2016.

The presentation will be available the same day at Targovax's
websitehttp://www.targovax.com/investors/presentations

Invitation to presentation of first quarter 2016 results

Targovax will release its Q1 2016 results on Thursday, May 12, 2016 at 07:00
CET. The quarterly report and the presentation material will be available at
this time atwww.targovax.com.

At 14:30 CET (08:30 EST) Targovax will host a telephone conference, including
a presentation of the results, followed by a Q&A session. Call-in details can
be found below and on the Targovax website.

Make sure to dial-in at least 5-10 minutes ahead to complete your
registration.

Participant information:

Call-in numbers:

Norway Toll-Free Number: 800 19 747
Norway Toll Number: +47 23 50 05 59
UK Toll-Free Number: 080 823 700 30
UK Toll Number: +44 203 139 4830
US Toll-Free Number: 1866 928 7517
US Toll Number: +1 718 873 9077

See attached list for more call - in numbers.
http://wpc.1726.planetstream.net/001726/FEL_Events_International_Access_...

Access code:

14438925#

About Targovax:
"Arming the patient's immune system to fight cancer"

Targovax is a clinical stage immuno-oncology company developing targeted
immunotherapy treatments for cancer patients. Targovax has a broad and
diversified immune therapy portfolio and aims to become a leader in its area.
The company is currently developing two complementary and highly targeted
approaches in immuno-oncology.

ONCOS - 102
is a virus-based immunotherapy platform based on engineered oncolytic viruses
armed with potent immune-stimulating transgenes targeting solid tumors. This
treatment is designed to reactivate the immune system's capacity to recognize
and attack cancer cells.

TG01 and TG02
are part of a peptide-based immunotherapy platform targeting the difficult to
treat RAS mutations found in more than 85% of pancreatic cancers, 50% of
colorectal cancer and 20-30% of all cancers. Targovax is working towards
demonstrating that TG vaccines will prolong time to cancer progression and
increase survival.

These product candidates will be developed in combination with multiple
treatments in several cancer indications, including checkpoint inhibitors.
Targovax also has a number of other cancer immune therapy candidates in the
early stages of development. For more information go towww.targovax.com.

For further information, please contact:

Gunnar Gårdemyr
CEO
Phone: +41 798 340 585
Email:ggardemyr@targovax.com

Øystein Soug
CFO
Phone: +47 906 56 525
Email:oystein.soug@targovax.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Targovax ASA via Globenewswire

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